Topic
Payment
982 published works
Global Regulation Tomorrow
Guidance on the PSR’s approach to monitoring and enforcing compliance with the Interchange Fee Regulation
On 29 September 2021, the Payment Systems Regulator (PSR) published revised guidance on the Interchange Fee Regulation. It replaces the earlier version of the guidance that the PSR published in…
Regulatory Oversight
CSBS Releases Money Transmission Model Law
By Keith J. Barnett, Timothy Butler, Carlin McCrory, Matthew White
On September 9, the Conference of State Bank Supervisors (CSBS) released the Model Transmission Modernization Act (model law) in efforts to replace the 50 state-specific money transmitter laws with a…
Allens Insights
Reviewing Australia’s payment system review
By Allens
The Review found that the current definition of 'non-cash payment' (NCP) facility under the Corporations Act 2001 (Cth) is wide, captures all payment-related services and is dependent on regulatory discretions…
Global Regulation Tomorrow
UK Finance report – Retail CBDC – A threat or opportunity for the payments industry?
On 8 September 2021, UK Finance issued a report Retail CBDC – A threat or opportunity for the payments industry? . In April 2021, the Chancellor announced a new Taskforce…
Consumer Finance Monitor
Texas federal district court rules in favor of CFPB in challenge to its Payments Rule and extends compliance-date stay for 286 days
More than eight months after the close of briefing, the Texas federal district court has finally ruled in the challenge by two industry trade groups to the CFPB’s Payments Rule. …
Simple Justice
Only What The Payment Processors Permit
Whether you’re a fan (or flan, as that tempster Andrew Fleischman used to suck me in) will probably matter as to whether this strikes you as important at the moment.…
Global Regulation Tomorrow
CPMI work programme for 2021-22
On 5 August 2021, the Committee on Payments and Market Infrastructures (CPMI) published its work programme for 2021-22. The annual work programme has been publicly released for the first time…
The Right Coast
Get Ready for the ‘No-Buy’ List – by David Sacks – Common Sense with Bari Weiss
Our democratized payment system caught fire and grew exponentially with millions of users who appreciated its ease and simplicity. Traditional banks were too slow and bureaucratic to adapt. Instead, the…
Construction Payment Blog
Contractor’s Affidavit of Payment: Examples & When to Use It
A contractor’s affidavit provides reassurance to the project owner that all contractors and vendors on the project have been paid for the work they provided. By signing the form, the…
LawSites
Tabs3 and CosmoLex Launch Their Own E-Payments Services
By Bob Ambrogi
The practice management platforms Tabs3 and CosmoLex, both of which share a common owner, have each launched their own payment processing services to allow their customers to accept credit card…