Topic
Payment Providers
15 published works
Global Media and Communications Watch
PBOC opens the door for foreign payment institutions
By Roy Zou, Andrew McGinty, Mark Parsons, Jessie Xie
1. Overview On March 21, 2018, the Chinese central bank and regulator of payment services operators ("PSOs"), the People's Bank of China (the "PBOC") circulated PBOC Announcement No.7 of 2018…
Banking, Finance and Securities
Government of Canada proposes new oversight of payment service providers
Overview On July 7, 2017, the Department of Finance of the Government of Canada (the Department) released a consultation paper (Paper) regarding a proposed new oversight framework for retail payments…
Banking, Finance and Securities
A new RTGS service for the UK
By Imogen Garner (UK), Hannah Meakin (UK)
The Bank of England (BoE) has issued a consultation paper seeking views on the central bank’s vision for the next generation of its Real-Time Gross Settlement (RTGS) service. The BoE’s…
Consumer Financial Services Review
Beyond Regulation: What the CFPB Expects from Payments Processors
By David L. Beam, Ori Lev, Jeremy McLaughlin
On Tuesday, August 2, 2016, at 2:00pm EDT, Mayer Brown and Paybefore.com will present a webinar on the CFPB’s actions against payment processors for allegedly facilitating illegal transactions by their…
Banking, Finance and Securities
FDIC clarifies position on bank relationships with third party payment processors
After banks began to drop certain customers because of perceived regulatory concerns, on July 28, 2014, the U.S. Federal Deposit Insurance Corporation (FDIC) issued additional guidance on its supervisory approach…