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Card Scheme Principal Membership Requirements ( Visa / Mastercard / China UnionPay )

by admin | Jan 19, 2025 | Uncategorized

Principal Card Scheme memberships with providers like Visa, Mastercard and China UnionPay are the best way to take control of your payment service products. But what it takes to get access to these schemes is often seen as a mystery. Unlike most questions, getting a...
New APP Fraud Rules: How Fintechs and PSPs Can Comply and Mitigate Risk Ahead of Seismic Changes

New APP Fraud Rules: How Fintechs and PSPs Can Comply and Mitigate Risk Ahead of Seismic Changes

by admin | Oct 1, 2024 | Uncategorized

On 7 October 2024, the UK’s financial landscape will undergo a seismic shift with the introduction of the Authorised Push Payment (APP) fraud reimbursement rules.These new regulations, led by the Payment Systems Regulator (PSR), will impose mandatory reimbursement...

FCA’s Proposed Changes to Safeguarding: What Payments and E-Money Firms Need to Know in 2025

by admin | Sep 27, 2024 | Uncategorized

In response to growing concerns about safeguarding practices in the payments and e-money sector, the Financial Conduct Authority (FCA) has published a detailed consultation paper (CP24/20), proposing significant changes aimed at enhancing consumer protection, raising...
Suspicious Activity Reporting (SAR) Responsibilities for Payment & Emoney Firms

Suspicious Activity Reporting (SAR) Responsibilities for Payment & Emoney Firms

by admin | Sep 12, 2024 | Uncategorized

In a recent letter from the FCA, sent on 1st August 2024, some payments and Emoney firms were reminded of their responsibilities regarding Suspicious Activity Reporting (SAR). As financial crime continues to evolve, regulators have stressed that firms in the payments...
The Importance of Documenting and Evidencing Internal Policies in AML Audits

The Importance of Documenting and Evidencing Internal Policies in AML Audits

by admin | Aug 8, 2024 | Uncategorized

Anti-Money Laundering (AML) audits are essential for ensuring that your Payment Services or Emoney firm retains both its licence and its banking relationships. A critical component of these audits is the proper documentation and evidence of internal policies and...
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Recent Posts

  • 3 Reasons Card Scheme Membership is the Best Thing for Your PayFac Right Now
  • Why Becoming a PayFac Can Take Your ISO to the Next Level (And How to Do It)
  • Be a Better ISO: 4 Strategies to Improve Your Business Model Today
  • Card Scheme Principal Membership Requirements ( Visa / Mastercard / China UnionPay )
  • New APP Fraud Rules: How Fintechs and PSPs Can Comply and Mitigate Risk Ahead of Seismic Changes

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