Newer payment services — Background document

Newer payment services — Background document

This background document from NTAES provides an overview of newer payment services that have emerged alongside digital transformation of the financial sector. The report describes the underlying technology, the main actors and the regulatory framework governing these services in Norway and internationally.

The document is aimed at law enforcement agencies, supervisory authorities, financial institutions and others who need a common knowledge base to understand the landscape of modern payment solutions. It forms the foundation for NTAES' subsequent threat assessment on the same topic.

Scope

The report covers mobile payments, peer-to-peer solutions, prepaid cards, e-money and emerging crypto-based services, and discusses how each category functions, how transactions are processed and how customer due diligence is performed. The document is descriptive in nature and does not contain operational recommendations, but it establishes the terminology and context required to assess risk and threat in later analyses.