Regulation

13 Jul 23 @ 09:57

After much anticipation, the European Commission (EC) has published its proposed revisions to EU payment services legislation, as well as a proposal on Open Finance/data access in the financial services... read more

11 Jul 23 @ 10:29

A year after announcing that it had selected Nexi as its technology partner for the rollout of Synch Payments, the Irish Bank alliance has run into further regulator road bumps... read more

10 Jul 23 @ 16:13

As reported by Payments Cards & Mobile back in June 2022, the Federal Trade Commission (FTC) sued Walmart for allowing its money transfer services to be used by fraudsters, who... read more

29 Jun 23 @ 13:11

The European Commission has put forward proposals to bring payments and the wider financial sector into the digital age including an update to PSD2 in the form of PSD3. The... read more

28 Jun 23 @ 10:20

In March 2022, the UK implemented the final piece of the second Payment Services Directive (PSD2), requiring customer-initiated payment transactions to be subjected to strong customer authentication (SCA), via a... read more

15 Jun 23 @ 15:11

The UK has issued a public-private sector group in report, in which its argues that the country can be a hub for crypto innovation, but only if the right regulatory... read more

14 Jun 23 @ 17:25

Recent thinking published by HM Treasury and the European Central Bank show divergence between the UK and European Union (EU) visions for digital currency. At present, the UK seems to... read more

09 Jun 23 @ 09:30

The Securities and Exchange Commission (SEC), which this week launched aggressive legal pursuits of both Binance and Coinbase, demonstrates what we can expect to see in US policy setting for... read more

06 Jun 23 @ 07:32

The Securities and Exchange Commission has sued Binance, the world’s largest crypto exchange. The 13 civil charges filed accuse Binance of violations including mixing billions of dollars of customer cash... read more

31 May 23 @ 11:53

The European Central Bank (ECB) has published two reports on its market research and prototyping exercise, which were both conducted as part of the investigation phase of the digital euro project. The... read more

25 May 23 @ 12:38

Stablecoin issuance is a monetary exercise comparable to what regulated banks do and should be supervised accordingly to ensure financial stability and consumer protection. This is according to the American... read more

23 May 23 @ 14:45

New laws or considerable amendments to existing finance and data rules will be required if the UK economy is to be fit to accommodate a digital pound, two lawyers told... read more