Insights & Analysis

The U.S. government’s sanctions watchdog is believed to be investigating cases where cryptocurrencies have been used to skirt sanctions controls, with enforcement action tipped to be on the way.
Latvian authorities have handed a €1m fine to Rigensis Bank for violating an array of financial crime laws, the latest direct action taken by the country as it seeks to implement a suite of...
Belgium has been plunged into a debate over ATM availability in supermarkets after a legislator introduced a bill that would overturn measures all but wiping out cashpoints located in physical...
A key architect of Facebook’s digital currency project, Libra, has attempted to reassure lawmakers that Libra will not be launched until regulators are happy user data is protected, the risk of...
The International Monetary Fund (IMF) has backed moves to allow e-money providers to settle payments directly through central banks, touting the payments technology as a potential barrier to market...
UK lawmakers have called attention to potential operational risks posed by open banking, suggesting a need for regulatory perimeters to encompass all new third-party operators.
A lawyer who slapped a suit on Société Générale over its processing of payments for Cuba’s state bank has said further action against European and Canadian financial institutions is imminent...
Plans for a phased introduction of strong authentication are taking shape in the UK, with influential industry groups expected to ask regulators for a delay in enforcement of at least 18 months...
With Facebook scheduled to appear before U.S. Congress this week to make the case for its cryptocurrency project Libra, the social media giant faces an uphill struggle to convince wary legislators...
Mastercard has joined retail groups across Europe in calling for a harmonised approach to the introduction of strong authentication, as authorities piece together strategies for phasing in the new...
A foreign exchange and payment service provider has lost its bid to claim damages from Royal Bank of Scotland (RBS), after the UK lender terminated its business accounts on suspicion they were...
The UK government has put the overhaul of the country’s payment architecture on the front line of the fight against economic crime as it announces an array of new measures to combat illicit finance.
A New York gang of fraudsters has been indicted for allegedly running a prepaid gift card laundering ring that turned a profit of a million dollars per month.
Kenya’s gambling regulator has ordered Safaricom, the telecoms firm that operates mobile money giant M-Pesa, to suspend the modes of transactions frequently used by a list of 25 gambling operators.
Regulators from Germany and France are again calling for the development of a European-wide payment scheme, citing reiterating warnings over the influence of US card companies and the threat of...
Financial institutions in the United States are still failing to grapple with ballooning payment fraud perpetrated by criminals using made-up identities, the Federal Reserve has warned.

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