Topic
Payment
982 published works
Global Regulation Tomorrow
New episode of RT Plus – In conversation with the Payment Systems Regulator’s Head of Legal, Carole Begent
By Arup Sen
Another episode of the RT Plus podcast is now available to stream and download. In this latest episode we are very fortunate to be joined once again by the Payment…
GT London Law Blog
The UK Payment Systems Regulator’s First Five-Year Strategy Plan
The UK Payment Systems Regulator (PSR) has published its first formal five-year strategy. The Strategy centres on four priorities: 1) access to and choice of payment options, 2) user protection,…
Global Regulation Tomorrow
PSR remedies consultation for card-acquiring market review
On 26 January 2022, the Payment Systems Regulator (PSR) published a consultation on remedies following its market review into card-acquiring services. The PSR published a final report setting out its…
Regulatory Oversight
CFPB Bans Third-Party Payment Processor and Its Founder for Ignoring Fraud and Supporting Scammers
By Keith J. Barnett, Timothy Butler, Carlin McCrory, Matthew White
On January 18, the Consumer Financial Protection Bureau (CFPB) filed a proposed final judgment and order in its March 2021 lawsuit against BrightSpeed Solutions, a third-party payment processor, and its…
Consumer Finance and Fintech Blog
CFPB Bans Payment Processor for Engaging in Fraudulent Practices
By Moorari Shah, A.J. Dhaliwal, Matthew Lin
On January 18, the CFPB filed a proposed final judgment against an Illinois-based third-party payment processor and its founder (collectively, “defendants”), which ceased operations almost three years ago, settling claims…
Consumer Finance Enforcement Watch
CFPB Settles With Chicago-Based Payment Processer Over Services Provided to Telemarketers
By Viona Harris
On January 18, the Consumer Financial Protection Bureau (CFPB) announced that it had agreed to a settlement with a payment processing company, resolving allegations that the company assisted third parties in profiting from fraudulent…
Global Regulation Tomorrow
Payment fraud data trends
By Simon Lovegrove (UK), Albert Weatherill (UK)
On 17 January 2022, the European Banking Authority (EBA) issued a Discussion Paper setting out its preliminary observations on selected payment fraud data under the revised Payment Services Directive (PSD2),…
Global Regulation Tomorrow
PSR launches new strategy
By Albert Weatherill (UK), Simon Lovegrove (UK)
On 13 January 2022, the Payments System Regulator (PSR) launched a new strategy setting out their key priorities and what they aim to achieve over the next five years. The…
Structured Settlements 4Real® Blog
“My Structured Settlement Payments Are Late’ What Happened?
By John Darer
by John Darer CLU ChFC MSSC CeFT RSP CLTC Structured settlement payments should not be late, "for their very important date", with you. If payments are sent by mail, the…
Global Regulation Tomorrow
PRA statement on the 2022 cyber stress test: Retail payment system
On 13 December 2021, the Prudential Regulation Authority (PRA) issued a statement announcing that it will invite a number of firms to participate in a voluntary cyber stress test. The…