Topic
Payment
982 published works
China Law Insight
10 things you need to know about digital payments
By King & Wood
By Patrick Gunning, Kate Jackson-Maynes, Nick Valentine and Charles Davies King & Wood Mallesons' Sydney office. The payments mix is increasingly digital... The use of cash and cheques is diminishing in…
China Law Insight
有关数字支付的十大要点
By King & Wood
作者： Patrick Gunning, Kate Jackson-Maynes, Nick Valentine and Charles Davies 金杜律师事务所悉尼办公室 支付方式趋于电子化 在现代经济中,现金和支票的使用正在减少，电子钱包对传统的支付卡构成了挑战。 支付系统依赖网络基础设施 为实现“多对多”的支付方式，需要建立供支付服务供应商使用的网络基础设施。服务供应商之间的竞争将使支付系统用户拥有更大的选择余地。 形形色色的参与者 大型支付卡计划营运机构在全球已有巨大的渗透力，而银行在支付清算和结算方面起到至关重要的作用。但除此之外还有其他重要角色正在崛起，包括转接、支付网关、支付发起、账户合并和信息服务，当然还包括将这些功能整合在一起的技术和通讯服务。 监管来自政府和参与者本身 尽管政府部门是行业的监管主体，负责对金融机构进行审慎监管、向金融服务供应商签发执照及管理竞争（反垄断）问题，行业参与者本身制定和执行了大量规则，包括收单行、发卡行、交换中心及清算和结算代理之间的双边合同，PCI数据安全标准等约定的行为准则，或不同行业团体和计划的成员规则。 随着技术和业务模式不断创新，这些规则也在发生变化 例如，欧盟在2013到2015年之间对支付服务指令（PSD）进行了大幅修改，要求成员国在2017年底前制定相关立法。澳大利亚生产力委员会对数据可用性和使用的调研将考虑是否要求银行向金融科技企业提供交易数据。 欺诈和网络安全风险随之增加 随着远程支付越来越多，金额越来越大，欺诈行为也不断升级。 数据蕴含价值 数字通讯协议的优化使得更多数据能够以更高的速度进行交换。通过收集这些数据，数字支付公司可以为商户客户提供分析，或通过覆盖服务的形式将丰富的数据与数字交易打包，例如在同一项数字交易中提供工资单信息和工资存入服务。 行业制定的“澳大利亚支付计划”确定了澳大利亚支付体系的“应有特性” 这些特性包括：弹性（稳定性、可靠性、安全性和信任）、效率（将资源用于实现利益相关方最大价值，为可持续商业模式提供支持，以整合的方式为可互操作、标准化、自动化流程提供支持，来最大限度地降低成本和风险，并以最小的摩擦成本实现价值的迅速流通），可及性（易于访问、广泛覆盖、促进竞争和选择、具有透明度）和适应性（鼓励创新，在有强大网络效应的领域通过治理框架鼓励合作，以清晰的监管为竞争及合作提供支持，具有灵活性）。 澳大利亚支付计划还明确了三个应进一步挖掘的领域 了解数字身份管理和网络安全带来的机遇，随着数字支付的不断普及对各种支付方式进行管理，推动下一轮技术创新，借此加强产业安全和信任。 澳大利亚新的支付平台将于2017年下半年启用 澳大利亚支付计划基础设施旨在为日常低值服务提供快速、灵活、包含丰富数据的支付系统，同时促进竞争并推动覆盖支付服务的创新。
Other
PSR welcomes CMA’s merger clearance decision as part of the process of delivering a new payment systems operator by end of 2017
The Payment Systems Regulator (PSR) has welcomed the decision by the Competition and Markets Authority (CMA) to approve the consolidation of the operators Bacs, the Cheque and Credit Clearing Company…
Banking, Finance and Securities
Final EBA guidelines on professional indemnity insurance under PSD2
The European Banking Authority (EBA) has published final guidelines under the revised Payment Services Directive (PSD2) on the criteria on how to stipulate the minimum monetary amount of the professional…
Banking, Finance and Securities
PSR Annual Report and Accounts 2016/17
The Payment Systems Regulator (PSR) has published its third Annual Report and Accounts. The Annual Report covers the PSR’s activity in 2016/17, its second operational year, and reports on how…
Global Media and Communications Watch
Hogan Lovells Global Payments Newsletter l June 2017
Welcome to the Hogan Lovells Global Payments Newsletter. In this monthly publication we provide an overview of the most recent payments, regulatory and market developments from major jurisdictions around the…
Banking, Finance and Securities
ECB to develop a service for the settlement of instant payments
By Peter Snowdon (UK), Matthew Gregory (UK)
The European Central Bank has announced that its Governing Council has decided to develop a new service for the settlement of instant payments. The new service, TARGET instant payment settlement…
The Lien Zone
3 Simple Steps to Filing a Payment Bond Claim
By Alex Barthet
A payment bond secures one’s right to be paid on a construction project. If a job is bonded, a claim exists against that payment bond. How do you know if…
Global Fintech & Digital Assets Blog
Banking on IT
By Christian McDermott, Calum Docherty, Stuart Davis and Anne Mainwaring The European Banking Authority (EBA) has published its consultation document on security measures for operational and security risks under the…
Banking, Finance and Securities
Payment System Operator Delivery Group report on plan for consolidation of three payment systems operators
By Matthew Gregory (UK), Peter Snowdon (UK)
The Payment System Operator Delivery Group (PSODG) is an independent chaired body established by the Payment Systems Regulator (PSR) and the Bank of England (BoE) in October 2016. It was…