Regulation & Policy

Navigating the New Payments Landscape: The Impact of Landmark Legislation

Navigating the New Payments Landscape: The Impact of Landmark Legislation

A Transformative Era for Financial Services The financial sector in the UK and US is currently experiencing a profound shift, heralded by the introduction of two pivotal legislative pieces: the Big Beautiful Bill and the GENIUS Act. These acts are set to redefine the payments landscape, prompting financial institutions to rethink their strategies and technological infrastructure. To gain a clearer understanding of these implications, Bobsguide recently engaged in a discussion with Deepak Gupta, EVP of Engineering, Product, and Services at Volante Technologies. A seasoned innovator in cloud and software-as-a-service domains, Gupta’s expertise offers invaluable insights into the challenges and opportunities emerging within the industry. The GENIUS Act: Clarity for Digital Assets According to Gupta, the enactment of the GENIUS Act alongside the Big Beautiful Bill signifies a "watershed moment" for payments. He elaborates that the GENIUS Act provides much-needed regulatory clarity …

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