The government and the central bank of Costa Rica have launched two new tools as an incentive for Costa Ricans to use new payment methods.The two new tools — the simple record account (CES) and...
This week's news in brief for the global payments industry, covering New York, Kuwait, Albania, Denmark and Australia.
Jennifer Shasky Calvery, the director of the Financial Crimes Enforcement Network (FinCEN), gave a speech at the West Coast AML Forum on May 6, 2015 in San Francisco, California.The speech can be...
Jennifer Shasky Calvery, the director of the Financial Crimes Enforcement Network (FinCEN), gave a speech at the annual anti-money laundering seminar on April 30, 2015 in New York.
The Competition and Markets Authority (CMA) has closed its investigation of MasterCard's and Visa's interchange fee arrangements, which it opened on 2005, due to the entry into force of the...
In May 2015, the Ministry of Finance (Bundesministerium für Finanzen - BMF) published the latest national risk assessment which evaluates the main risks of money laundering and terrorist financing...
Since the Non-Bank Deposit Takers Act 2013 was approved and became effective in May 2014, the Reserve Bank of New Zealand has licensed 31 non-bank deposit-takers (NBDTs).“Licensing can’t prevent an...
This week's payments news in brief, covering regulatory updates from Europe, deals and announcements.
Hannah Nixon, managing director of the Payment Systems Regulator (PSR), gave a speech at Digital Payments Intensive 2015 on April 16, 2015 in London.
Canada's Department of Finance has released a consultation paper which presents an overview of the Canadian payments landscape and risks, the government's proposed oversight framework for the...
Muhammad Bin Ibrahim, deputy governor of the Central Bank of Malaysia, gave a speech at the JomPAY’s Official Launch Event, Kuala Lumpur, on April 9, 2015.
The Treasury’s fourth annual report covers activity undertaken in 2013-2014 from 27 appointing supervisors, which oversaw a range of firms including financial institutions, credit institutions, law...
The Inland Revenue Authority of Singapore (IRAS) has introduced new tax guidelines for businesses choosing to utilise goods supplied on the internet, and announced the Income Tax Treatment of...
The Italian Data Protection Authority (Garante per la protezione dei dati personali) has launched a draft code of ethics and good conduct for the processing of personal data carried out for...
In February 2015, New Hampshire Republicans launched a bill proposing that the state should officially accept the implementation and acceptance of Bitcoin payments for fees and taxes by July 1,...
Tony Richards and David Emery, head of payments policy and his senior manager at the Reserve Bank of Australia respectively, gave a speech to the Senate Economics References Committee Inquiry into...

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