Regulation

05 Aug 21 @ 12:27

The UK payments industry highly values the work of the European Payments Council (EPC) and its members ensured the UK retained its membership of the Single Euro Payments Area (SEPA),... read more

23 Jul 21 @ 12:17

The global Financial Action Task Force (FATF) updated its guidance on how to manage anti-money laundering (AML) measures in cryptocurrency payments fully two years ago – yet recent evidence suggests... read more

16 Jul 21 @ 10:50

India’s decision to ban Mastercard for non-compliance with data storage rules has unsettled the country’s financial sector as it will disrupt banks’ card offerings and hit revenues, payments and banking industry... read more

07 Jul 21 @ 07:59

According to a new report by Payments Cards & Mobile and Mastercard, which conducted in-depth research into how prepared European countries are to embrace the Open Banking ecosystem, the Nordic... read more

01 Jul 21 @ 09:10

Robinhood has been fined $70 million for “systemic” failures, including systems outages, providing “false or misleading” information, and weak options trading controls, that harmed millions of customers. The Financial Industry... read more

30 Jun 21 @ 16:28

Regulatory bodies across the globe that are mandated to protect the financial services industry and consumers have started to exert continued pressure on cryptocurrency. The pressure started in May in... read more

29 Jun 21 @ 15:06

Open Banking is fast becoming a worldwide phenomenon. Whether regulator-driven or industry-led, it empowers consumers and businesses to take control of their financial data and their financial futures while stimulating... read more

21 Jun 21 @ 13:04

The introduction of a digital euro would boost consumers’ privacy and protect the eurozone from the “threat” of competing cryptocurrencies that could undermine the bloc’s monetary sovereignty, according to the... read more

14 Jun 21 @ 15:22

Central bank digital currencies (CBDCs) could ease current frictions in cross-border payments – and particularly so if central banks factor an international dimension into CBDC design from the outset. Based... read more

14 Jun 21 @ 14:59

The European Commission has taken Luxembourg to court, asking the European Court of Justice (ECJ) to impose penalties, on a daily basis, for failing to put new EU AML (Anti... read more

02 Jun 21 @ 09:59

The US is beating the UK in the rollout of the 3D Secure 2 (3DS2) multi-factor authentication protocol, new data from Ravelin shows. 68% of transactions in the US now... read more

24 May 21 @ 08:49

RS2, the global payments processing and technology provider, has announced that its German subsidiary RS2 Financial Services GmbH has been granted an E-Money Institution (EMI) license by the German regulator,... read more