Regulation

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International pressure building on regulators to consider cryptocurrencies irregularities

21 Nov 18 @ 14:31

As Bitcoin plummeted following a $15 billion crash, pressure is building on regulators to increase their oversight of cryptocurrencies, especially after irregularities at one of the world’s largest virtual trading... read more

FinTech M&A: How its shaping the financial future

19 Nov 18 @ 16:26

FinTech M&A is at record levels. The competition is fierce as incumbents battle to stay ahead of the curve as the financial services sector is undergoes a technology-driven metamorphosis. Highly-publicised... read more

American Express gets regulatory approval to enter Chinese payments market

12 Nov 18 @ 12:10

American Express has won regulatory approval to become the first US credit card company to enter the Chinese payments market and start building its own payments network. The company said... read more

The key to survival in the connected financial services world

01 Nov 18 @ 12:03

An unprecedented combination of drivers for change are at work in today’s financial services industry. Some of these factors, particularly digitisation, are influencing the majority of industries – driving increasing... read more

Open Banking regulation – the stuff of legend?

31 Oct 18 @ 18:48

2019 will bring a significant milestone for Open Banking. On 14th September, we will see the introduction of new regulations which govern how banks permit access to customer data to... read more

FCA set to outlaw the sale of cryptocurrency derivatives

30 Oct 18 @ 12:58

The FCA says it is looking at a potential ban on the sale of cryptocurrency derivatives based on cryptocurrencies such as Bitcoin, in a move that would make it the... read more

Sweden’s central bank prepares to launch digital currency e-Krona

29 Oct 18 @ 13:37

Sweden’s central bank, the Riksbank, has been widely reported as preparing the idea of using a centrally issued digital currency, e-Krona,  for a while – but now it has firm plans... read more

Australia’s proposed anti-encryption law compels software “back doors”

17 Oct 18 @ 16:17

Apple, in a rare public protest, has exposed the Australian government’s proposed anti-encryption bill, calling it “dangerously ambiguous” and “alarming to every Australian”. The Access and Assistance Bill would see... read more

FCA bares teeth – Tesco Bank fined £16.4m over “avoidable” cyber attack

01 Oct 18 @ 10:11

The UK’s financial regulator (FCA) has issued Tesco bank with a £16.4 million penalty over an online cyber incident that occurred two years ago, the first fine the FCA has... read more

Visa and Mastercard make $6.2 billion offer to settle US interchange fees case

19 Sep 18 @ 09:56

Visa and Mastercard along with a group of their top US acquirer banks have proposed a $6.2 billion settlement of the long-running antitrust lawsuit over the interchange fees they charge... read more

US regulator sues OCC for allowing FinTech bank charter

17 Sep 18 @ 17:10

In the continuing fight for supremacy between banks and FinTechs, one of the US top banking regulator in New York is to sue the US Office of the Comptroller of the... read more

Use of artificial intelligence set to face public backlash

07 Sep 18 @ 16:15

Artificial intelligence will face a backlash from the public unless researchers and companies make a much greater effort to engage society in its development, one of Britain’s leading scientists has... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more