A group of U.S. regulators has introduced a new reporting system aimed at easing the compliance burden on financial services operating across multiple states — although experts warn money...
EU industry groups are making a last-ditch lobby effort on access to accounts, transaction fraud rates and corporate payments as the European Commission considers whether to make changes to the...
State financial regulators in the U.S. are suing the Office of the Comptroller of the Currency (OCC) over its plans to create a national non-bank charter for fintech firms, as the row intensifies...
Indonesia has an evolving payments market with several electronic (e-wallet) services available. This report takes a closer look at the new processing regulations for payment services in the...
A global watchdog has commended Sweden as having a “strong regime” to tackle financial crime, although identified a fragmented understanding among its regulators of the risks associated with the...
The Financial Action Task Force (FATF) has assessed Sweden’s anti-money laundering and counter-terrorism financing (AML/CTF) measures in place at the time of the on-site visit from May 26, 2016 to...
Industry researchers believe European officials may amend the European Banking Authority's proposed rules allowing providers to bypass certain security checks if fraud rates are sufficiently low.
Thailand’s e-payments masterplan, propelled by a range of regulatory reforms and infrastructure upgrades, is now well underway, with legal experts saying consumers have little cause for concern...
India has made further steps to roll out a debit payments system based on its nationwide digital identity platform, unveiling a biometric authentication app for merchants.
A United Nations report has praised regulators in China for their “wait and see” approach to its multi-trillion dollar mobile payments market, although experts are dubious about policymakers’...
Financial firms in the UK have appealed for additional guidance from regulators on cybersecurity, after a government report revealed nearly half of all businesses suffered at least one breach last...
European officials have dismissed suggestions from the UK government that the EU’s top banking and payments regulator could remain headquartered in London after Brexit.
UK financial regulators have proposed a 50 percent discount for firms required to reapply for authorisation — which includes all payment and e-money institutions — although extra costs are...
Conflicts between incoming EU data protection laws and open banking are “overstated” and can be resolved, according to legal experts, who have urged firms not to let confusion hold back innovation...
UK regulators have made further progress in transposing the revised Payment Services Directive (PSD2) into national law, launching two consultations on implementation, supervision and enforcement...
The governor of the Bank of England (BoE) has assured innovative payment service providers that regulators will not step in to apply bank-like controls on the industry, unless increased...

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