Topic
Payment Providers
15 published works
Substance Law Blog
RPAA Safeguarding of Funds Held At Rest by PSPs
By Publisher
RPAA Safeguarding of Funds Framework What are Payment Service Providers (PSPs)? Payment Service Providers, or PSPs, are businesses that offer services related to making payments. This can include a wide…
Banking, Finance and Securities
New legislation to modernise the regulation of payment service providers
By James Morris (AU), Lucinda McCann
On 9 October 2025, the Albanese Government released an exposure draft of a Bill that lays the foundations for a new regulatory framework for payment service providers (PSPs). The draft…
Global Regulation Tomorrow
EBA Final Report on draft RTS on the criteria for the appointment of central contact points for electronic money issuers and payment service providers
On 25 April 2025, the European Banking Authority (EBA) issued a Final Report containing draft regulatory technical standards (RTS) amending Commission Delegated Regulation (EU) 2018/1108 on the criteria for the…
Banking, Finance and Securities
The Payment Services (Amendment) Regulations 2024
By Anita Edwards, Simon Lovegrove (UK)
On 9 October 2024, there was published on legislation.gov.uk, The Payment Services (Amendment) Regulations 2024 together with an explanatory memorandum. The Regulations come into force on 30 October 2024. The…
Canadian Lawyer Mag
Bank of Canada seeks input on proposed rules governing payment service providers
Comment period on regulations that accompany new legislation ends March 28
Tax Withholding & Reporting
IRS Publishes Last Minute Reprieve for Implementation of New Form 1099-K Reporting Threshold
By Michael M. Lloyd, S. Michael Chittenden
Today, in Notice 2023-10, the IRS announced a delay in the new reduced reporting threshold for section 6050W applicable to third-party settlement organizations (TPSOs). Section 9674(a) of the American Rescue…
Allens Insights
Consultation paper on Strategic Plan
By Allens
Prepare to engage early in 2023 5 min read Treasury has released a consultation paper on its Strategic Plan for the Australian payments system. The Commonwealth Government is seeking feedback…
#alalimón
Autenticación de usuarios – ¿Eres quién dices ser al pagar?
By Santiago de Ampuero, Víctor Mella
Uno de los grandes interrogantes que más quebraderos de cabeza ha generado en el ámbito del comercio electrónico consiste en cómo cerciorarse de que “el que está al otro lado”…
Privacy Compliance & Data Security
Lithuanian Data Protection Inspectorate Levies Fine for GDPR Data Management Violations
By Odia Kagan
The Lithuanian data protection inspectorate issued a 61,500 EUR fine against a payment services provider for violations of the data minimization, adequate security measures and data breach reporting requirements of…
Consumer Finance Monitor
FTC Testifies Before House Committees Regarding Ongoing Focus on Payment Processors
On July 26, 2018, the FTC testified before two subcommittees of the U.S. House Committee on Oversight and Government Reform regarding the FTC’s continued focus on payment processors. Andrew Smith,…