With international terrorist groups increasingly relying on cryptocurrency as a source of funding, terrorists and extremists within the U.S. are following suit, officials warned during a...
Nigeria has laid out its information security expectations for payment services operating in the country as it continues to seek to drive adoption of electronic payment methods.
A top U.S. Federal Reserve official warned this week that Facebook's planned Libra cryptocurrency could present "a number of risks" to consumers and the financial system — adding to the chorus of...
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...
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...
Tighter EU controls on card security are already pushing fraud into other areas, with scammers targeting mobile authentication apps and “global wallet” payment instruments, new research has shown.
Six months after U.S. financial regulators issued clarification on reporting requirements for cryptocurrency providers, the industry appears to have received the message loud and clear, with the...
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...
Estonia’s parliament is on the cusp of passing legal amendments to overhaul a light-touch cryptocurrency licensing regime that has led to 2,335 authorisations being handed out over just two years.
Lithuania’s banking regulator will attempt to drive European-level reforms to the way customer funds are safeguarded by e-money and payment institutions.
China is pushing ahead with efforts to popularise electronic means of payment, introducing more rigorous supervision, as well as looking to make the system more accessible for foreigners.
A boom in payments infrastructure in Nigeria has laid the groundwork for the country to emulate the rise of mobile betting in Kenya — although market experts warn that a matching regulatory...
Two investigations into possible breaches of the UK’s money laundering regulations are underway at electronic money institutions, PaymentsCompliance can reveal.
Australia’s central bank is considering a ban on buy now, pay later (BNPL) providers preventing retailers from surcharging customers, as it sketches the outline of a major review of the country’s...
German lawmakers are set to approve a new regulatory framework for crypto-asset firms, handing a boost to the nascent sector by dropping earlier plans over business segregation and capital...
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...

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