The payments industry continues to expand and evolve, with increasing payment volumes, new payment technologies and infrastructure and continued change in consumer spending habits leading to rapid growth in recent years. This has fueled a raft of new providers, increased mergers and acquisitions activity, and expanded payments-related regulation globally.
This hub will provide insights on the legal and regulatory developments driving growth and shaping the future of the payments industry around the world through a series of videos, podcasts and articles.
Videos and podcasts
US payments landscape; FCA 2021/22 Business Plan; UK counter terrorist financing and anti-money laundering regime
Steve Aschettino, US Head of Fintech, provides an overview of the payments landscape in the US and some of the prevailing trends in the area.
African payments landscape
Our lawyers from London and South Africa discuss the African payments landscape, exploring why mobile payments have been so successful, the regulatory landscape supporting payments, why it is an attractive market for payments and telecoms companies and what the future holds.
The Woolard review
We take a look at the Woolard Review in the UK, with a focus on the implications for the buy-now-pay-later sector.
The payments outlook for 2021
We discuss the payments outlook for 2021 with Carole Begent, General Counsel and Head of Enforcement and Competition at the Payment Systems Regulator
ASIC seeks feedback for important updates to the ePayments Code and mandate its effect
ASIC has recently published a consultation paper seeking comments from stakeholders on a number of long-awaited updates to the ePayments Code.
The EU’s proposed digital operational resilience regulation: Impact on payment providers
On September 24, 2020, the European Commission published its long-awaited proposals on digital operational resilience, comprising a draft regulation (DORA) alongside a proposed directive.
UK: German payment services in transition: Technological innovation, PSD2 and new competitors
The payment services landscape is currently overshadowed by the scandal around Wirecard.
Payments update: Australia
As with all things in this day and age, innovation is driving change at rapidly accelerating rates.
Singapore Payment Services Act: Impact on the payments industry
Singapore’s Payment Services Act 2019 (PSA) is a long-awaited piece of legislation that consolidated and updated various payments related legislation in Singapore.
Payments: A view from Canada
Canada is forging ahead of several international marketplaces with exponential growth in its eCommerce sector.