The body dedicated to monitoring the stability of the global financial system has urged regulators to monitor closely the impact of technology giants on financial services and cooperate on the...
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...
After months of political deadlock, Israel’s banking regulator has taken up the mantle of open banking, announcing it will require banks to provide fintechs with access to customers’ accounts.
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.
The European Central Bank (ECB) has thrown its weight behind the creation of a new continent-wide payment system for both retail and e-commerce, warning that reliance on global financial giants...
The European Banking Authority (EBA) has acknowledged there were “teething problems” around the introduction of third-party account access reforms, but said the fragmented picture across the...
U.S. fraud experts and consumer rights advocates have urged lawmakers not to let screen scraping form part of any open banking initiative, calling for laws to be extended to ensure the introduction...
Regulators must be wary of the risks posed by banks providing account access to unregulated fintechs as open banking models take shape, an influential group of central banks has warned.
The UK’s Financial Conduct Authority (FCA) will launch consultations on an “open finance” framework later this year, as the regulator looks to extend open banking beyond only payment accounts.
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.
As the UK’s first open banking offerings start to gain consumer traction, fraudsters are already beginning to move into the space — pressuring banks to find out new ways of stopping them.
Singapore’s financial regulator has called for fintechs to focus on interoperable solutions, urging financial inclusion efforts to focus on effective products rather than just broader access.
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...
Digital payments providers, money service businesses and credit card companies in the UK all filed less suspicious activity reports last financial year, bucking an overall trend of higher reporting.

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