PYMNTS-MonitorEdge-May-2024

payments regulation

Treasury Calls for Federal Payments Framework, but Key Details Remain Unclear
Treasury Calls for Federal Payments Framework, but Key Details Remain Unclear
October 18, 2024  |  Regulation

Through the past several weeks and months, the drumbeat’s grown louder for regulations at the federal level to govern nonbanks — especially FinTechs, neobanks and...

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CFPB’s Rule-Making Agenda Hints Summer May Get Heated for Big Tech 
CFPB’s Rule-Making Agenda Hints Summer May Get Heated for Big Tech 
July 04, 2023  |  CFPB

The grills are hot.  The July Fourth fireworks are primed to sizzle in the night sky. For Big Tech, a long hot summer may give...

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How China Fuels Alternatives To Correspondent Banking
How China Fuels Alternatives To Correspondent Banking
April 15, 2020  |  B2B Payments

China is a notoriously challenging jurisdiction for foreign payment service providers to operate as the nation prioritizes local industry leaders. Gradually, however, and with a...

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Suppliers’ Late Payments Woes Expand Across Borders
Suppliers’ Late Payments Woes Expand Across Borders
February 17, 2020  |  B2B Payments

Small businesses’ late payment pains know no borders. This week’s B2B Data Digest uncovers the global cash flow threat of extended supplier payment terms, with...

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Small Business Advocates Decry Exit Of SMB Commissioner Uppal
Small Business Advocates Decry Exit Of SMB Commissioner Uppal
October 15, 2019  |  B2B Payments

U.K. Small Business Commissioner Paul Uppal will step down from the position due to a conflict of interest, according to The Times. Reports said the...

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Congress Presses Fed On Real-Time Payments Plan
Congress Presses Fed On Real-Time Payments Plan
September 27, 2019  |  B2B Payments

The Federal Reserve’s buildup to faster payments innovation came to a head in August when it announced FedNow, its proposed real-time payments infrastructure under the...

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Diving Into Corporate Payments’ SCA Exemption
Diving Into Corporate Payments’ SCA Exemption
August 15, 2019  |  B2B Payments

PSD2 compliance challenges continue to roll in, with strong customer authentication (SCA) requirements headed merchants’ way next month. This month’s PYMNTS PSD2 Tracker explores the...

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UK Retailers Press For Commercial Card Interchange Fee Caps
UK Retailers Press For Commercial Card Interchange Fee Caps
February 27, 2019  |  B2B Payments

The European Union’s (EU’s) battle against U.S. card company interchange fees reached new levels earlier this year when the European Commission (EC) issued a $648.3...

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UK Targets Supplier Contracts In Next Late Payments Effort
UK Targets Supplier Contracts In Next Late Payments Effort
September 11, 2018  |  B2B Payments

The U.K. government is deploying yet another initiative aimed at combating late payments to small suppliers. An announcement on the Gov.UK website on Monday (Sept....

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