New Whitepaper Challenges 'Defense Vs. Offense' Approach To Fintech Oversight

(MENAFN- Market Press Release) September 10, 2025 6:21 am - Payall has released a new whitepaper, Regulating Fintechs: From Defense to Offense. The paper argues that the long-standing debate over whether regulators should take a defensive stance, or an offensive stance is a false choice.

Miami, FL - September 10, 2025 - Payall Payment Systems today announced the publication of Regulating Fintechs: From Defense to Offense, a new whitepaper authored by Jonathan Tyce that reframes the regulatory debate around fintech oversight.

For years, regulators have been caught in what appears to be a binary choice:
.Defense - tightening controls, raising barriers, limiting access.
.Offense - loosening restrictions to encourage innovation and hoping oversight can catch up.
According to the paper, regulators need new tech to engage with fintechs. From application to audits to service delivery - regulators must have the right technology themselves to efficiently and effectively do their jobs and provision services to fintechs.

Also, the author steps into a European regulatory quagmire and describes a major inconsistency between policymakers, rule makers and/or regulators regarding central bank deposit taking and access to the payment rails (SEPA, Faster Payments). This situation not only impairs innovation, but it's a source of tension between banks and fintechs and everyone loses – fintechs, banks, regulators and users.

“The truth is fintechs can innovate and be safe at the same time; these aren't mutually exclusive,” said Gary Palmer, CEO of Payall Payment Systems.“If regulators and central banks have the proper technology (which they don't have – so they're limited by people resource budgets) to oversee as well as deliver services to fintechs, and rules and regulations are logical - they can efficiently and safely encourage and even materially contribute to innovations in financial services.”

The whitepaper highlights the systemic inefficiencies in current oversight and calls for a more proactive approach that enables regulators to:
.Engage with fintechs digitally from application to audits.
.Eliminate reliance on after-the-fact spot checks.
.Gain see-through visibility into counterparties and relationships.
.Provide the confidence needed to balance innovation with safety and soundness.

By reframing the defense-versus-offense debate, the paper sets out a pathway for supervisors to lead - protecting financial systems without stifling innovation.

The whitepaper, Regulating Fintechs: From Defense to Offense, is available for free download here:

About Payall
Payall has pioneered the first-ever infrastructure for the cross-border ecosystem that serves originating institutions, correspondent banks and alternative constructs, central banks, regulators, domestic payment networks, and forex traders. New, purpose-built software digitizes and elevates end-to-end compliance, counterparty risk management and powers specialty payment orchestration. Payall enables what no core bank system, no digital bank platform, no payment, regtech, or other software has ever delivered – safe, fast, low-cost to the ecosystem, transparent and inclusive cross-border payments through financial institutions. For more information, visit

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