Regulation

18 Nov 22 @ 12:57

Nearly half (43%) of all large financial institutions have already adopted Open Banking according to a new report from API-driven identity management company Curity. The Facilitating the Future of Open... read more

17 Nov 22 @ 11:11

The European Central Bank (ECB) has issued a dire warning that a compounding combination of recession, soaring inflation, rising funding costs and lower liquidity is threatening the euro area financial... read more

16 Nov 22 @ 17:54

Members of the US banking community have launched a proof of concept (PoC) project that will explore the feasibility of an interoperable digital money platform known as the regulated liability... read more

04 Nov 22 @ 12:18

The BIS Innovation Hub is launching a new project around central bank digital currencies (CBDCs) and Decentralised Finance (DeFi) protocols as part of its 2022 work programme. Project Marianaexplores automated market... read more

03 Nov 22 @ 18:05

The European Union is set to be the first major jurisdiction in the world to agree how to regulate the digital asset sector, via its Markets in Crypto Assets regulation... read more

30 Oct 22 @ 14:24

Swift says it has worked extensively with its global community to prepare for the start of the ISO 20022 migration for cross-border payments and reporting (CBPR+). Since August, all required... read more

25 Oct 22 @ 18:05

A draft European Union rule would demand that euro zone banks in would be required to provide instant payments in the single currency. The EU wants to modernise payments so... read more

24 Oct 22 @ 21:56

A new report claims that, as in 2021, banks are facing increasing change and consolidating their digital transformation in a pressurised macroeconomic environment. In 2022, however, the study highlights the... read more

17 Oct 22 @ 16:04

As implementation of the EU’s Strong Customer Authentication (SCA) moves from a “soft” to “hard” state – that is, with liability transferring to those merchants that don’t employ SCA –... read more

13 Oct 22 @ 11:04

The European Council’s Permanent Representatives Committee has approved MiCA, the Markets in Crypto-Assets regulation text, and sent it to the chair of the European Parliament Committee on Economic and Monetary... read more

07 Oct 22 @ 11:16

The rise of central bank digital currencies (CBDCs) is a global phenomenon. As of August 2022, two central banks have formally launched a CBDC: the Central Bank of the Bahamas... read more

06 Oct 22 @ 16:15

Businesses are in danger of failing to embrace the opportunity that the upcoming Consumer Duty regulation presents and may not be compliant due to a failure to prepare. New research... read more