Global Fintech & Payments Blog

Tag Archives: digital payments

Webcast: Stablecoins, CBDCs, and the Future of Payments

Latham fintech lawyers and key industry leaders explore the progress and potential of CBDCs, use cases for stablecoins, and the global regulatory landscape. Many central banks around the world are currently considering central bank digital currency (CBDC). According to the Bank of International Settlements’ recent survey of 66 central banks, 80% of surveyed central banks … Continue Reading

Singapore’s PSA Boosts Rapidly Evolving Payment Services Landscape

Upgraded legislation creates an enhanced regulatory framework for the new age of payments, including e-money and digital payment tokens.  By Farhana Sharmeen and Simon Hawkins After much anticipation, and following consultations with the industry at large, the game-changing Payment Services Act 2019 (PSA) has finally become operational. The PSA, which came into effect on 28 … Continue Reading

Readiness for PSD2: APIs Fall Short, but More Time for SCA

While the payments industry scrambles to meet new standards for APIs, the FCA grants an extension for SCA compliance. By Christian F. McDermott, Jagveen Tyndall, and Amy Smyth In an effort to evaluate the readiness of banks to comply with the revised EU Payment Services Directive (PSD2), Tink, a banking platform and data provider, has … Continue Reading

SCA: Storm Clouds Approaching?

Stripe-commissioned report projects that Europe’s online economy risks losing €57 billion when SCA goes into effect on 14 September. By Christian F. McDermott A recent report released by 451 Research and commissioned by Stripe, the online payment processing business, has found poor levels of readiness for the requirements of Strong Customer Authentication (SCA). The report … Continue Reading
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