Regulation

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Crypto crackdown continues – Binance in US regulators sights

28 Mar 23 @ 12:15

As the US tries to find its feet after waves of criticism over its handling of the current bank crises, which regulators believe was partially caused by over exposure to... read more

Global Open Finance Report: Transition continues at the international level

27 Mar 23 @ 15:44

Open Finance is a consolidated reality both at international and European level: to date, more than 40 countries have launched initiatives in this area. The transition to Open Finance can... read more

EPSM urges clarity around proposed eIDAS 2.0 regulation for card payments

23 Mar 23 @ 13:09

The European Association of Payment Service Providers for Merchants (EPSM) is urging European lawmakers to make clear that card payments with SCA will be out of the scope of the... read more

Large-value payment system EURO1 successfully migrates to ISO 20022

21 Mar 23 @ 14:21

EBA CLEARING says its systemically important payment system EURO1 has successfully migrated to ISO 20022. The RTGS-equivalent payment infrastructure closed its first business day operating on the new message standard.... read more

Half a trillion dollars wiped off Bank stocks as rout continues

20 Mar 23 @ 13:26

It has not been a good week for the global banking community. Starting with Silvergate Bank and ending (so far) in emergency purchase of Credit Suisse, the underlying lack of... read more

Mastercard becomes a trusted provider of Digital ID in the UK

17 Mar 23 @ 13:27

Mastercard announced it is now certified under the United Kingdom’s Digital Identity and Attributes Trust Framework (DIATF) as an Digital ID provider. Mastercard can now offer ID, its digital identity... read more

Silicon Valley Bank contagion poses little risk to European banks

14 Mar 23 @ 14:07

As the contagion from the collapse of Silicon Valley Bank (SVB) and Signature Bank rips through the markets, European countries are rushing to reassure the market that their banks pose... read more

CBDC transactions to exceed $213 billion by 2030 globally

14 Mar 23 @ 13:35

A new study has found the value of payments via CBDCs (Central Bank Digital Currencies) will reach $213 billion annually by 2030; up from just $100 million in 2023. This... read more

From Silvergate to Silicon Valley Bank – what went wrong?

13 Mar 23 @ 16:34

Last week, after Payments Cards & Mobile reported on the failure of Silvergate Bank, an even bigger failure began to unfold for Silicon Valley Bank. On the 9th March shares... read more

Silvergate Bank winds up and heads for insolvency

09 Mar 23 @ 11:56

On the 3rd of March Payments Cards & Mobile reported on the dangers of banks betting big on the cryto boom and the possible fall out from that bet. Today,... read more

UK financial services sector spending £22k per hour fighting fraud

06 Mar 23 @ 17:41

UK financial services organisations are collectively spending £34.2 billion each year on financial crime compliance (FCC), according to the latest True Cost of Compliance report from LexisNexis Risk Solutions. This... read more

Silvergate: Beware banks that bet big on crypto

03 Mar 23 @ 17:23

Silvergate, the small time US lender that bet big on crypto, has announced huge losses and may have to wind down according to its annual report, and serves as a... read more

Trending

Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more

UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Major UK Banks unite to develop digital verification service

30 Jun 26 @ 07:05

Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more