A landmark year for the global payments sector, 2016 was characterised as much by legal reforms as by seismic shifts in the political landscape. Regulators in the UK launched unprecedented new initiatives aimed at boosting innovation and supporting a burgeoning fintech industry, only for the vote to leave the EU to send shockwaves throughout the continent. In the US, regulators laid out a new vision for prepaid cards, card giants were hit by a slew of antitrust cases and fintech rose to the top of the federal agenda, before the surprise election of Donald Trump prompted speculation that the country’s post-crisis legislation could be completely overhauled. Across the globe, discussion flourished around fintech innovation, mobile payments and open banking.
To continue reading...
Our Key Benefits
PaymentsCompliance is a premium information service for compliance, legal and regulatory professionals. Our award-winning regulatory monitoring platform is used by many of the world's leading payment services providers and e-money institutions, regulators, challenger banks, fintechs and law firms.
We keep our clients informed of critical regulatory change and help them understand, with in-depth analysis, when change is coming and the implications for their organisation.
We provide our clients with a quantifiable and significant ROI by reducing the amount of time and money spent monitoring and analysing regulatory environments in multiple jurisdictions.