On August 18, 2017, the Payments System Board of Australia discussed a number of issues including digital currencies and ATM access code and access regime....
As much as a tenth of all newly issued virtual currency is already in the hands of criminals, researchers believe, as a proliferation of initial coin offerings (ICOs) continues to create risks for...
UK payment providers are fighting for survival as high street banks continue to block their access to the financial system, with incoming regulatory reforms offering scant comfort in the short...
A bill to bring the 4th Anti-Money Laundering Directive (4th AMLD) into Maltese law is now on the books, after a reprimand from the European Commission for missing the initial deadline.
On August 18, 2017, Worldpay published data analysis on mobile contactless payments made in the UK in first half 2017....
Australia has proposed to reform its anti-money laundering laws, bringing new requirements to the virtual currency sector while seeking to lessen the burden for other firms.
South Korea has tabled legislation proposing to create a regulatory framework for virtual currencies, potentially bringing a host of businesses under supervision from authorities for the first...
Predictions that technological and regulatory reforms could propel account-to-account payments ahead of traditional card transactions may have been understated, experts believe — providing...
Wirecard, which supports companies in accepting electronic payments from sales channels, has announced a partnership with Singtel's mobile wallet Dash to support the rollout of Singapore's first...
CGAP, the Consultative Group to Assist the Poor, a global partnership of organisations that seek to advance financial inclusion at the World Bank, has published a market and regulatory assessment...
On August 17, 2017 the Australian government announced its first step to reform and improve the Anti-Money Laundering and Counter-Terrorism Financing Act and increase the powers of the Australian...
A former U.S. Secret Service agent has pleaded guilty to money laundering, after being accused of stealing government-held Bitcoin seized from a dark web marketplace.
Swiss authorities are treading softly around how the revised Payment Services Directive (PSD2) will affect the country’s established regulatory system, leaving domestic third parties to operate in...
Payment providers will be expected to take a tougher approach to simplified due diligence as a result of recent anti-money laundering reforms, legal experts have warned.
Emerging payments providers have cheered Canadian plans to overhaul the country’s stilted regulatory framework, despite some experts suggesting it is banks that have the most to gain from the...
Although the Financial Conduct Authority’s (FCA) latest practitioner survey revealed several pain points for regulated businesses, the payments sector has taken a more positive view.

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