Reporting/compliance

693 articles tagged with this keyword

All articles with this keyword
Apply Cancel
Verification of Payee: Prepare for October 2025 deadlines at NextGen Nordics

/regulation

Verification of Payee: Prepare for October 2025 deadlines at NextGen Nordics

In March 2025, the Eurosystem completed exploratory work for offering a Verification of Payee (VoP) service for payment service providers (PSPs) in SEPA, helping them comply with the EU’s Instant Payments Regulation across credit transfers in Euro. NextGen Nordics 2025 at the Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025, will explore how VoP can reduce fraud and payment, and prepare for 5 October 2025, the effective date of the VOP scheme rulebook.

Exciting lineup revealed: Meet the first 10 speakers for NextGen Nordics

/payments

Exciting lineup revealed: Meet the first 10 speakers for NextGen Nordics

The Nordic payments ecosystem is among the most innovative and forward-thinking in the world. As digital payments continue to evolve and transform the financial landscape, it is crucial to have experts who can guide and shape this transformation. The following individuals — confirmed speakers for NextGen Nordics 2025 at Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025 —are recognised leaders in the Nordic payments industry, and their expertise makes them the best speakers on trends within this space.

CFPB dismisses Capital One savings account rates lawsuit

/crime

CFPB dismisses Capital One savings account rates lawsuit

Thursday marked The Consumer Financial Protection Bureau’s (CFPB) dismissal of their lawsuit initiated on 14 January 2025, suing Capital One, and its parent holding company, Capital One Financial Corp for cheating millions of consumers out of more than $2 billion in savings account interest.

SEC clarifies regulatory status of meme coins

/crypto

SEC clarifies regulatory status of meme coins

The US Securities and Exchange Commission’s (SEC) Division of Corporation Finance released a staff statement on 27 February 2025 clarifying that meme coins are not considered securities.

Indian government signs MoU with Paytm to promote fintech

/payments

Indian government signs MoU with Paytm to promote fintech

India-based payments giant Paytm is collaborating with the Indian government in an initiative designed to boost the growth of fintech startups in the country.

Taurus launches private token standard for banks

/crypto

Taurus launches private token standard for banks

Swiss blockchain startup Taurus has released what it describes as an open-source token standard for debt and equity transactions in a move designed to boost the digital assets market.

SEC drops Robinhood Crypto investigation

/crypto

SEC drops Robinhood Crypto investigation

Robinhood says the Securities and Exchange Commission is ditching its investigation into the trading app's crypto arm.

Citi, HSBC, Morgan Stanley, RBC fined for disclosing UK bond pricing

/regulation

Citi, HSBC, Morgan Stanley, RBC fined for disclosing UK bond pricing

UK regulator, the Competition and Markets Authority (CMA) has fined Citi, HSBC, Morgan Stanley, and the Royal Bank of Canada £104.5 million for sharing sensitive information about UK bonds between 2009 and 2013.

JPMorgan Chase CEO calls for Washington to rethink financial regulations

/regulation

JPMorgan Chase CEO calls for Washington to rethink financial regulations

During a meeting with Republican lawmakers and other top bank CEOs on whether big lenders are ‘debanking’ certain customers, JPMorgan Chase CEO Jamie Dimon emphasised the need to step back and reassess the financial regulations governing the banking industry.

Why lack of action is the main biodiversity issue in financial portfolios

/sustainable

Why lack of action is the main biodiversity issue in financial portfolios

Previously, banks and members of the financial industry were either not aware or unsure of how to help when it came to biodiversity. However, that seems to be changing.

Davos: Zumo releases MiCA readiness report

/sustainable

Davos: Zumo releases MiCA readiness report

B2B assets platform Zumo has released a report from Davos on the industry’s readiness for the EU’s upcoming Markets in Crypto-Assets (MiCA) regulation, focusing on sustainability requirements.

DORA takes effect today

/regulation

DORA takes effect today

Today marks the deadline for compliance with the Digital Operational Resilience Act (DORA) in the EU.

EBA publishes final guidelines on ESG risk management

/sustainable

EBA publishes final guidelines on ESG risk management

The European Banking Authority (EBA) has published its specific requirements regarding management of ESG-related risks.

How ethical guidelines can improve climate research

/sustainable

How ethical guidelines can improve climate research

For a while now, the financial services industry has understood its role within climate intervention. As a result, companies across the world in the financial sector have looked to become funders and to develop their ESG regulations, quickly and immediately. Yet in the speed to be compliant and sustainable, ethics can become lost from the conversation.

Hong Kong launches roadmap for sustainability reporting

/sustainable

Hong Kong launches roadmap for sustainability reporting

The Hong Kong government has revealed a roadmap to implement International Financial Reporting Standards – Sustainability Disclosure Standards (ISSB Standards) across public entities by 2028.

MEP amendments to PSR APP fraud liability regime 'undermine effective fraud prevention'

/crime

MEP amendments to PSR APP fraud liability regime 'undermine effective fraud prevention'

Copenhagen Economics and the Computer & Communications Industry Association (CCIA Europe) have revealed flaws in the European Parliament’s unprecedented extension of liability beyond payments services providers (PSPs) to online platforms and electronic communication service providers, such as telecom operators, who would also have to refund victims of impersonation fraud.

5 most common fraud methods in 2024, according to AIB

/crime

5 most common fraud methods in 2024, according to AIB

‘Smishing’ accounts for 94% of all fraud cases from January to October this year.

UK Chancellor proposes pension and sustainable finance reforms

/devops

UK Chancellor proposes pension and sustainable finance reforms

UK Chancellor Rachel Reeves detailed the financial services strategy launching in March 2025, which will focus on bolstering growth, developing fintech and sustainable finance sectors.

CFPB charges Navy Federal Credit Union $95 million for overdraft and junk fees

/crime

CFPB charges Navy Federal Credit Union $95 million for overdraft and junk fees

The Consumer Financial Protection Bureau (CFPB) has charged the US’s largest credit union for illegally charging users overdraft fees.

AFP: FedNow vs. The Clearing House’s Real Time – where does Request for Payment fit in?

/payments

AFP: FedNow vs. The Clearing House’s Real Time – where does Request for Payment fit in?

Taking to the stage on the penultimate day of the AFP conference in Nashville’s Music City Center, were Netflix’s Joshua Karoly, The Clearing House’s Cheryl Gurz, US Bank’s Mike Thomas in a panel led by Strategic Resource Management’s Dean Nolan.

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept