Regulation

14 Jan 21 @ 09:35

After a sensation 2020 and a manic January 2021, regulators have finally had enough and are sharpening their focus on bitcoin and its use in the international financial system. It... read more

11 Jan 21 @ 17:34

Revolut has applied to the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA), the UK regulators, for a full banking license to fuel expansion beyond its FinTech roots.... read more

07 Jan 21 @ 18:07

A federal judge has invalidated part of a U.S. Consumer Financial Protection Bureau rule governing prepaid cards and digital wallets, emphatically agreeing with PayPal that the agency overstepped its authority.... read more

04 Jan 21 @ 17:39

China’s central banking regulator, the People’s Bank of China, is reported to be accelerating plans to bring Ant Group closely under its control as part of a “rectification” drive that... read more

18 Dec 20 @ 11:51

Robinhood has been forced to pay $65 million to settle charges from US securities regulators that it failed to provide its customers with the best prices for trades on its... read more

18 Dec 20 @ 10:33

The group of three domestic Australian payment organisations are set to merge forming a new company to create a “stronger, unified entity that will aim to reduce costs, increase innovation... read more

18 Dec 20 @ 08:00

The Netherlands Authority for Consumers and Markets (ACM) has launched an investigation into competition in smartphone-based NFC payments, examining whether limitations on access to NFC payments functionality on some devices... read more

03 Dec 20 @ 09:55

At the end of this year, the transitional exemption on PSD2-SCA for e-commerce card payments will end. EPSM, the European trade association representing the interests of payment service providers for... read more

02 Dec 20 @ 12:39

On October 27, 2020, the European Central Bank (ECB) issued a public consultation (Consultation) on its draft oversight framework for electronic payment instruments, schemes, and arrangements (PISA). The Consultation invites feedback on... read more

01 Dec 20 @ 16:28

Following a three-month public consultation, and in close collaboration with stakeholders from the entire payment value chain, the EPC has published the first version of the Single Euro Payments Area... read more

30 Nov 20 @ 12:26

Global organisations continue to put their customers’ cardholder data at risk due to a lack of long term payment security strategy and execution, flags the Verizon Business 2020 Payment Security... read more

16 Nov 20 @ 20:04

The European Central Bank’s (ECB) Governing Council, in line with the European Commission’s (EC) objectives, has taken an important move towards the full reach of instant payments across the euro... read more