Showing results for 'sanctions' in Articles
141 Articles | 27 Magazines | 0 Research | 0 Whitepapers

Visa and Mastercard hit Russian banks – Anonymous steps up cyber war

01 Mar 22 @ 16:43

Visa and Mastercard say they have blocked multiple Russian financial institutions from their network, complying with government sanctions. Visa said it was taking prompt action to ensure compliance with applicable sanctions,... read more

Indecision in Europe as UK and US push for Russian ejection from Swift

25 Feb 22 @ 16:21

A raft of economic sanctions have been heaped on Russian banks and oligarchs as the West promises to make Vladimir Putin pay dearly for invading Ukraine. But even with Russian... read more

Long Read: Are central banks going off the idea of CBDC?

21 Feb 22 @ 13:33

The Federal Reserve recently requested comment on a discussion paper describing the potential benefits and costs of issuing a CBDC. The paper is not the ringing endorsement of the concept... read more

Business to Business (B2B) payments: Taking care of business

12 Jan 22 @ 16:41

For years, payments investors focused on consumers’ switch to digital and mobile payments. More recently, investors have shifted to business to business (B2B) payments, where analysts see huge opportunities for... read more

Payments Cards & Mobile Jobs of the Week

01 Nov 21 @ 11:46

If you’re looking for a new job, you have very much come to the right place. Our job board is seeing loads of extra traffic at the moment, so it’s... read more

Regulators with teeth: SEC whistle blower payouts top $1 billion

16 Sep 21 @ 09:12

OK. Bear with me a second on this, its not strictly a payments piece, but you should see my point by the end. The Securities and Exchange Commission (SEC) says... read more

Ultimate Beneficial Ownership: the next compliance challenge

25 Jun 21 @ 10:00

In our last blog, we discussed the recent trend for paying with cryptocurrencies, currently growing at around 30% per month. These payment instruments offer lower costs and much faster settlement... read more

Bank of England: Digital Money and Central Bank Digital Currency

07 Jun 21 @ 16:27

The Bank of England has published a Discussion Paper which aims to broaden the debate around new forms of digital money and seek views on the Bank’s emerging thoughts on... read more

Russia’s Mir demonstrates excellent growth – supported by State mandates

03 Jun 21 @ 11:38

Mir – a payment service provider introduced in Russia in late 2015 – is carving a place in the market as a serious provider. Since it launched it managed to... read more

CBDC: How seriously should we take the Dollar Vs Yuan supremacy story

18 May 21 @ 12:41

Recently, several commentators have identified a potential Chinese central bank digital currency as a serious economic and national security threat to the United States and chastised the US government for... read more

The European Commission Inception Impact Assessment on real-time payments in the EU

12 Apr 21 @ 13:19

On March 10, 2021, the European Commission (EC) published an Inception Impact Assessment (IIA) on the Commission’s planned initiative on real-time payments in the EU. The IIA was open for feedback... read more

UnionPay accounts for 45% of global cards spending – Visa still on top

09 Oct 20 @ 16:06

New research shows that spending on payment cards continues to grow strongly, expenditure rose by 13% to reach $35 trillion in 2019. There were a number of factors driving this... read more

Banks, governments and crypto industry divided by cryptocurrency risk

05 Oct 20 @ 18:58

A new survey by RUSI and ACAMS has revealed how professionals in the cryptocurrency industry believe that governments are behind the curve on the perceived risks, opportunities, and regulation of... read more

Ant group files for IPO – Alipay drives the price up

26 Aug 20 @ 15:48

Ant Group is gearing up for an initial public offering (IPO) that could give it a valuation as big as Bank of America – with Alipay driving the price into... read more

China starts trial of Central Bank Digital Currency

01 May 20 @ 09:33

China will begin trialling payments of its new Central Bank Digital Currency in four major cities, according to domestic media. In recent months, China’s central bank has stepped up its... read more

Report: The Latin American e-commerce market

06 Apr 20 @ 16:21

The Latin American e-commerce market in the countries selected for detailed study is worth $50 billion and is growing at a rate of 23% a year. Today, 34% of online... read more

Cybersecurity: Time is up for inaction

19 Mar 20 @ 10:46

Throughout the past two decades corporates have swiftly transitioned from traditional linear business models to platform based as the demand for quality product outlay in record time escalates. With platform-based... read more

RegTech: State of regulatory reform 2020

18 Feb 20 @ 15:15

Financial technology has displaced the 2008 financial crisis as the main issue driving the international regulatory agenda and RegTech. As such, it is likely to have a significant influence on... read more

New Fifth Money Laundering Directive rules come into force

10 Jan 20 @ 17:19

Firms need to take action now as new Fifth Money Laundering Directive rules aimed at tackling money-laundering came into force today (Friday 10 January). These place increased importance on the... read more

Russian national payment system MIR set sights on European expansion

29 Nov 19 @ 15:30

MIR, the Russian payment system, launched in response to European and US sanctions, is reported to be preparing for launch in the European market. The reports say it will initially... read more

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Wero expands merchant payments in France with Orange

06 Sep 26 @ 19:31

Wero is moving further beyond its origins as a peer-to-peer payment service, with Orange becoming the first merchant in France to offer subscription bill paymen... more

ECB and Brazil explore cross-border link between TIPS and Pix

06 Sep 26 @ 19:32

The European Central Bank and Banco Central do Brasil are examining whether Europe’s TIPS instant-payment infrastructure could be connected with Brazil’s hu... more

US Bank tests its own Stablecoin for Cross-Border Payments

10 Sep 26 @ 15:44

US Bank has completed a live cross-border transaction using its own dollar-backed stablecoin, becoming one of the latest major lenders to test whether blockchai... more