UK policymakers are examining regulatory weakness around pre-paid products after a string of high-profile insolvencies led to junking of vouchers collectively worth millions of pounds.
Optimal Payments has swallowed its main e-wallet rival Skrill in a billion dollar deal which chief executive Joel Leonoff said will catapult the company into PayPal territory.
The Central Bank of the United Arab Emirates has reviewed applications submitted by banks and other financial institutions relating to the Digital Payments Project. The board of the central bank...
On January 26, the UK's Payment Systems Regulator launched a consultation, open until March 20, 2015, on procedural guidance relating to the PSR's competition powers. 
On November 3, 2014, the UK Treasury announced a consultation into digital currencies. The details of this consultation are found here. 
Je-Yoon Shin, Vice-President of FATF gave a speech at the Thomson Reuters/2nd Annual Japanese Regulatory Summit in Tokyo on March 10, 2015.
Federal Reserve Banks received 190 responses to the 2013 consultation “Payments System Improvement – Public Consultation Paper.” The process of synthesizing the feedback is ongoing with updates to...
Rudiantara, the minister of communications and information technology, has announced plans to issue a set of regulations called the “e-commerce roadmap” in the next few months. "The regulation...
The new UK payments watchdog has delayed the starting date of a series of directions due to enter into force next month.
The Financial Supervisory Service (FSS) has announced the final-warning transition period for the use of credit cards with magnetic stripes for cash withdrawal. The phase-out follows a successful...
The Bank of Israel has created a series of measures to promote the use of debit transactions in the payment cards market, with the aim of creating uniformity in the fee schedules of the companies,...
This is the full list of electronic money institutions (EMIs) and small electronic money institutions in the UK, provided by the Prudential Regulation Authority.This guidance shows the prepaid...
In December 2014, former Commonwealth Bank chief executive David Murray presented the final report of a financial system inquiry, which makes recommendations to promote the efficiency, resilience...
The European Payments Council (EPC) together with the Cards Stakeholders Group (CSG) published new version of the Single Euro Payments Area (SEPA) Cards Standardisation Volume which is going to be...
Emmanuel Tumusiime-Mutebile, Governor of the Bank of Uganda, gave a speech at the Parliamentary Committee on Information and Communication Technology in Kampala on February 25, 2015.
As a result of the President's Obama announcement on December 2014 the limits on generally licensed periodic remittances have been raised from $500 to $2,000 in any consecutive three-month period...

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