The UK gambling regulator has said it is considering restricting or banning the use of e-wallets to pay for online betting, as it confirmed it would introduce curbs on gambling by credit card.
Industry groups say the decision by UK regulators to delay enforcement of strong authentication reforms will help steer firms away from a “cliff edge” next month, despite the decision not to give...
On August 13, 2019, the Reserve Bank of India (RBI) published the final enabling framework for the regulatory sandbox. The main objective of the regulatory sandbox is to enable market participants...
The UK’s Financial Conduct Authority (FCA) has formally agreed to grant payment providers an additional 18 months to comply with new strong authentication rules.
UK firms are hoping to seize on regulators’ increasing leniency around incoming strong customer authentication (SCA) reforms, seeking further flexibility on contactless card transactions.
In its final plea for leniency on September’s strong authentication reforms, industry group UK Finance has requested an 18-month transition period — with a six-month carve out for issuers...
Ireland’s payments regulator has become the latest authority to confirm it will delay the enforcement of incoming EU rules on strong customer authentication (SCA), as it called for a collective EU...
On August 8, 2019, Draft Law 7467/00 transposing certain provisions of the 5th Anti-Money Laundering Directive (5th AMLD) was presented to the Chamber of Deputies, the unicameral national...
The Dutch central bank has become the latest regulator to offer a transition period for firms to comply with incoming EU rules on strong customer authentication (SCA) designed to tackle payment...
On August 7, 2019, the Finnish Ministry of Justice published a consultation seeking responses on the experiences and challenges faced while applying the General Data Protection Regulation (GDPR) in...
Uncertainty about when national authorities will start enforcing EU-wide strong authentication rules risks causing a stalemate over customer communications, industry figures have said.
Major banks and payment providers are in talks with the Dutch central bank over delaying enforcement of incoming strong customer authentication (SCA) rules, taking inspiration from existing...
On August 2, 2019, the European Payment Institutions Federation (EPIF), along with the co-signatories, has published a statement to express it supports the goals of strong customer authentication ...
Italy has become the latest EU member state to acknowledge the European Banking Authority’s flexibility on enforcing incoming strong authentication rules, as national regulators’ positions...
Europe’s largest payment providers have joined forces to ask authorities for a harmonised 18-month transition period before enforcing new security rules for online card payments.
Ukraine’s top financial regulator has embarked on a campaign to liberalise the country’s payments market that will allow non-banks to issue electronic money and payment cards for the first time.

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