The Bank of Mexico (Banxico) has published a consultation on the proposed implementation of the electronic payment scheme initiated by the beneficiary called Digital Collection (CoDi)....
On August 20, 2019, the Financial Supervisory Authority (Finanstilsynet) announced that it will grant an extension to the deadline of September 14, 2019 to payment service providers (PSPs) for the...
On August 17, 2019, Bank Indonesia launched a Quick Response (QR) Code standard for payments through server-based e-money applications, electronic wallets and mobile banking known as QR Code...
On August 15, 2019, the Europay, MasterCard, Visa global standard for chip-based debit and credit card transactions (EMVCo) published a draft specification bulletin that included a change to the...
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.
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...
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...
On August 6, 2019, the Monetary Authority of Singapore (MAS) published a new set of operational rules for financial institutions to improve cybersecurity resilience in the city-state’s financial...
Lithuania’s central bank has suspended most activities of SatchelPay, an authorised e-money institution, saying it broke the law by only providing its annual financial accounts three months after...
On August 1, 2019, the Central Bank of Nigeria (CBN) published a set of guidelines in regard to transparency and disclosure and responsible business conduct, with the aim of enhancing the consumer...
On December 7, 2018, a group of State Duma MPs submitted a draft law on amendments to Law No. 161 FZ "On national payment systems", June 27, 2011, to establish new requirements for registering...
Criminal groups are using cryptocurrencies in conjunction with prepaid cards, bank accounts and gambling services to launder illicit funds, according to extensive new research by blockchain...
E-money firm ipagoo has collapsed after being ordered by UK regulators to stop providing payment services, with customers facing an anxious wait to find out whether they can recover funds.
On August 2, 2019, the Financial Supervisory Authority (Finansinspektionen - FSA) issued a consultation on the draft updated rules and regulations on the management of operational risks in...
On August 1, 2019, EMVCo announced the advancement of its testing programme to streamline the deployment and acceptance of contactless payment technologies worldwide. ...
The Payment Systems Regulator (PSR) has published the finalised version of its Specific Direction 10 (confirmation of payee), by means of which it requires members of the UK’s six largest banking...

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