Industry experts have criticised the UK’s incoming credit card gambling ban for failing to address potential loopholes that could see problem gamblers circumvent it.
PSD2 entered into force on January 13, 2018 repealing Directive 2007/64/EC (PSD1).  The revised Payment Services Directive (Directive (EU) 2015/2366), also known as PSD2, introduced new obligations...
The Ministry of Economy and Business has published Royal Decree 736/2019, of December 20, on the legal regime of payment services and payment entities, which modifies Royal Decree 778/2012, of May...
Still behind Europe when it comes to the regulatory implementation of new measures such as open banking, the Americas nonetheless continued to make strides in the development of new payment systems...
The UK Financial Intelligence Unit (UKFIU) has published its 2019 annual report on suspicious activity reports (SARs), as well as the third edition of its "SARs In Action" publication addressed to...
Turkey has been told to urgently address “serious shortcomings” in its anti-money laundering (AML) and counter-terrorist financing (CTF) framework.
Authorised payment service providers established in three or more EU member states will be subject to supervision by a club of regulators from each jurisdiction, under new guidelines that come into...
PayPal Inc. has filed a lawsuit against the U.S. Consumer Financial Protection Bureau (CFPB) over customer disclosure requirements included in the consumer watchdog's rules covering prepaid...
Sweden’s central bank has launched a project to begin testing a central bank digital currency (CBDC), as it presses ahead with exploration of an e-krona.
The Financial Conduct Authority (FCA) has ordered e-money institution One Stop Money Manager Limited and payment institution Merchant Optimisation Services Limited to stop operating.
A senior official at Malaysia’s central bank believes e-wallet operators may be ready to give traditional institutions “a run for their money” and establish a foothold in the country’s bank...
Payment processor and identity verification provider iSignthis has sued the Australian Stock Exchange over the two-month long suspension of its shares, dramatically escalating its feud with the...
Lithuania’s banking regulator will attempt to drive European-level reforms to the way customer funds are safeguarded by e-money and payment institutions.
Two investigations into possible breaches of the UK’s money laundering regulations are underway at electronic money institutions, PaymentsCompliance can reveal.
U.S. officials are cracking down on enforcing regulations requiring cryptocurrency service providers registered as money services businesses to identify the senders and recipients of digital...
The Australian stock market regulator has pressed the embattled payment services and regtech provider iSignthis over its onboarding of unlicensed online trading platforms as clients.

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