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.
On July 3, 2018, the Romanian Ministry of Public Finance launched a public consultation on a draft emergency ordinance on the issuance of electronic money (e-money). Pursuant to that, on July 4,...
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...
German lawmakers are standing by plans to force Apple to open access to its payments infrastructure to other providers, despite fierce resistance from the Silicon Valley giant.
E-money firm Paydoo Payments has accused the Lithuanian central bank of departing from accepted practice in its drive to crack down on misbehaving companies, after it was fined for failings in its...
Australian payment services and identity verification provider iSignthis has triggered a feud with the country’s stock exchange as suspension of its shares drags on.
The European Banking Authority's (EBA) single rulebook Q&A contains information on various regulations and directives to ensure consistent and effective application of the new regulatory...
European finance ministers have voted in favour of new rules for payment service providers intended to help combat VAT fraud, despite vociferous opposition from the industry.
Malta’s financial regulator has indicated it will heighten scrutiny of the island’s payments and e-money sector as it pointed out widespread compliance failures among firms.
The Bank of Mexico has launched a new way to pay in Mexico called CoDi (Digital Collection in Spanish), which became fully operational on September 30, 2019. The platform is the result of joint...
Australia’s financial services regulator has put the brakes on Revolut’s expansion in the country, ordering the payment services provider to halt onboarding of new customers while its licence...
Top banking industry groups have backed lawmakers’ recommendation for the UK government to compel all payment service providers to reimburse innocent fraud victims.
The Financial Action Task Force (FATF), a global standards-setter for combating money laundering and terrorist financing, has turned its attention to the issue of digital identity, seeking feedback...
New standards on reimbursing innocent fraud victims should be legally mandated and first-time payments should only be executed after a day’s delay, UK lawmakers have said in a new report on...
Hungarian regulators have proposed initiatives aimed at boosting financial innovation in a market still dominated by cash, including speedier licensing, digital ID requirements and industry-wide...

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