/regulation & compliance

News and resources on regulation, compliance, legal and governance issues for banks and fintechs.

Modern Payments Excellence: Exploring Diversification of Channels, Orchestration, and RegulationFinextra Promoted[New Report] Modern Payments Excellence: Exploring Diversification of Channels, Orchestration, and Regulation

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Expert opinions

Ben O'Brien

Ben O'Brien Managing Director at Jaywing

What the PRA’s Discussion Paper could mean for mid-tier IRB permissions

The Prudential Regulation Authority (PRA) has confirmed that it will publish a Discussion Paper (DP) this summer, aimed at improving access to Internal Ratings Based (IRB) model permissions for residential mortgages among mid-tier banks. The IRB approach, which allows firms to use their own credit risk models to determine capital requirements, rem...

/regulation

Paul Holt

Paul Holt EMEA Group Vice President at Digicert

DORA Is Here – Why Global Financial Institutions Must Act Now

The Digital Operational Resilience Act (DORA) is now very much in play across the EU, setting a new standard for cyber and operational resilience in financial services. While it is a European regulation, its implications are anything but local. Any organisation working with EU-based financial institutions is now part of the DORA conversation, no

/regulation /retail Banking Regulations

Joseph Ibitola

Joseph Ibitola Head of Demand Generation at Flagright

Establishing “Expected Behavior”: Using Median, Standard Deviation and Avg to Detect Suspicious Txns

In AML and fraud monitoring, expected behavior refers to the normal patterns of transactions for a given customer, their typical transfer amounts, frequency of transactions, usual beneficiaries or destinations, etc. Defining this baseline is critical because it enables compliance teams to distinguish routine activity from anomalies. Unusual transa...

/regulation /crime RegTech

Darren Carvalho

Darren Carvalho Co-Founder and Co-CEO at MetaWealth

After Stablecoins, Tokenized Assets Will Be The Next Major Institutional Play in Blockchain

Recent institutional interest in stablecoins has been something of a watershed moment for the crypto industry. Not only has the mainstream adoption of stablecoins signalled a renewed interest in and a broader acceptance of blockchain, but it is the first sign of the convergence of decentralised finance (DeFi) and traditional finance (TradFi). Majo...

/regulation /retail Innovation in Financial Services

Ben O'Brien

Ben O'Brien Managing Director at Jaywing

DCA redress: What motor finance firms should be doing now

The trajectory of the Discretionary Commission Arrangements (DCA) investigation is becoming increasingly difficult to ignore. A Supreme Court judgment is expected on 1st August, and the FCA’s policy statement PS24/11 has already laid out a potential path towards industry-wide redress. At the same time, complaint volumes are rising, putting pressur...

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/regulation

Research

Event Report

The Outsourcing Imperative: The strategic importance of partnerships for cloud-based payments

The financial services industry is at a pivotal moment where cloud technology and strategic outsourcing offer pathways to enhanced operational efficiency and competitiveness. Explore the Outsourcing Imperative.  In today’s rapidly evolving financial landscape, managing complex financial systems has become increasingly challenging for banking providers. The demands of mature cloud technology, evolving payment rails, and channels such as real-time cross-border payments and stablecoins require innovative solutions. Additionally, regulatory differences by country and region add another layer of complexity, especially for banks operating across multiple borders.  With the buzz around generative AI and other emerging tools, financial institutions must consider outsourcing certain functions to maintain competitiveness and efficiency. Enhancing user experience and regulatory compliance are paramount, as customers now expect a variety of payment options, from digital wallets to AI-driven payment agents. Outsourcing becomes key in today’s payments landscape, and financial institutions are increasingly turning to Payments as a Service (PaaS) to navigate the complexities of modern banking operations.  This report highlights the key takeaways of a Finextra webinar, hosted in association with FIS, by a panel of industry experts. Discover:   Drivers for adopting cloud-based payments;  Why banks and cloud are still an unfinished story;  Why outsourcing is necessary in today's payments landscape; and  How banks can change the status quo through partnerships. 

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Event Report

Modern payments excellence: Exploring diversification of channels, orchestration, and regulation

In today’s rapidly evolving financial landscape, integrating new payment channels has become essential for institutions aiming to stay competitive. Whether it's card-based, account-to-account, instant, or mobile—technological advancements and changing consumer preferences drive the need for diversified payment methods, requiring a strategic approach by banks often still too burdened by legacy to ensure seamless customer experiences and robust compliance. Financial institutions must not only navigate architectural complexities, but balance this with regulatory demands, and the integration of new technologies, all while maintaining the agility to adapt to future innovations.  Managing these challenges effectively is crucial for serving clients and customers in the best way possible, providing them with a wide range of choices and ensuring the availability of services in a time where outages still too often make the news. Leveraging modern technologies like tokenisation and APIs, financial institutions can create dynamic systems that cater to diverse consumer needs, enabling seamless management of multiple products and accounts. This openness is key to fostering resilience and driving change within the industry.  This report highlights the key takeaways of a Finextra webinar, hosted in association with Diebold Nixdorf, by a panel of industry experts. Discover:  How banks can keep pace in a digital, instant world;  Ensuring payments resilience and the impact of regulation;  Key modern infrastructure requirements; and  The benefits of microservices architecture. 

61 downloads

Event Report

Cross-border payments as the next fintech frontier

Economic, regulatory, and technological insights for enhanced cross-border solutions amidst economic uncertainty. Cross-border payments have become integral to the global financial ecosystem, driven by the expansion of international business operations. The need for efficient, secure, and cost-effective payment solutions is more pressing than ever, and fintechs are a crucial cog in the cross-border machine.  In 2025, businesses must contend with a dynamic financial environment shaped by market volatility, regulatory changes, and technological advancements. Factors like tariffs, sanctions, and supply chain shifts significantly impact foreign currency reserves, requiring agility from financial institutions and fintechs alike. To stay competitive, organisations must be more agile than ever before to leverage cutting-edge technologies and strategic partnerships, in order to enable them to respond swiftly to changes and maintain a competitive edge.  This report highlights the key takeaways of a Finextra webinar, hosted in association with Visa Direct, by a panel of industry experts. Discover how cross-border payments are affected by:  Economic and geopolitical considerations;  Technology and other fintech advantages;  Interoperability and regulatory considerations; and  CBDCs, stablecoins, and other innovations in the cross-border space. 

199 downloads

/regulation

FinextraTV

12 Questions Boards Should Ask About Their Impact on Nature.

On this episode of Unplugged, David Craig, Co-Chair, TNFD, Chair of the Triple Private Equity Investment Committee & former CEO of Refinitiv, speaks to FinextraTV about what executive boards should be focussing on when assessing their exposure to nature. Listing the 12 questions these boards should ask according to a new framework by TNFD, Craig provides clearer directions for organisations to follow towards a more nature-friendly future and impact.

/regulation

Long reads

Scott Hamilton

Scott Hamilton Contributing Editor at Finextra Research

Is ISO 20022 still important for financial institutions and their clients?

Is getting onboard with ISO 20022 important to you? That depends on your priorities: if you value accurate and standardised entry and management of payment and trade transaction communications and details, and you like to ensure your company’s payables and receivables are properly reconciled, it’s going to make all of that a much more simple and a...

Chris Holmes

Chris Holmes Peer at House of Lords

The Data (Use and Access) Act has passed - what will change and what’s next?

After six years in the making, the Data (Use and Access) Act is finally here. The Act gained Royal Assent on 19 June 2025 and is set to have a significant impact despite more controversial parts of the Bill being dropped before the law was passed. The Data Act amends the UK GDPR, the Privacy and Electronic Communications Regulations and the Data Pr...

Renate Prinz

Renate Prinz Partner at McDermott Will & Emery LLP

eIDAS 2.0: Europe’s digital future for regulating privacy and AML

This piece has been co-authored by Renate Prinz, partner, and Dr. Cornelius Hille, associate, at McDermott, Will & Emery. The European Union’s European Digital Identity Framework Regulation (eIDAS 2.0) introduces a standardised framework for digital identity and trust services across all EU Member States, massively benefiting anti-money launde...