A coalition of payments industry giants, retail groups and card schemes has written to the European Banking Authority (EBA) urging it to make a decision on how long member states can delay...
Authorities in Denmark have confirmed enforcement of strong customer authentication (SCA) rules will be delayed by 18 months, while neighbouring Sweden has also confirmed it will be flexible around...
The Ministry of Finance and Development is consulting on a bill which will be implementing into Polish legal provisions the 4th Anti-Money Laundering Directive, as well as the recommendations of...
Latvian officials are hoping that a year of legislative hard work will pay off as the Baltic state faces a MONEYVAL review of its efforts to combat financial crime in the country.
Authorities in Luxembourg, Spain and Portugal have confirmed they plan to delay enforcement of incoming strong customer authentication (SCA) reforms, meaning more than half of EU member states have...
On August 29, 2019, the Ministry of Finance published draft amendments it is proposing to a series of acts to strengthen measures against money laundering and terrorist financing. The draft...
The General Data Protection Regulation (Regulation 2016/679), also known as the GDPR, significantly increases the responsibilities and obligations for payments businesses in how they collect and...
The European Payments Council (EPC) has released its final draft on mobile-initiated SEPA credit transfer interoperability implementation guidelines for a three-month public consultation....
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 UK has inched closer to leaving the European Union without a deal on October 31 after Prime Minister Boris Johnson chose to suspend parliament for more than a month, leaving financial services...
Belgium will allow payment providers extra time to comply with incoming EU rules on strong customer authentication (SCA) for online card payments, as more regulators look to the European banking...
The U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) has formed a new division to identify money laundering and other financial crime threats stemming from outside American...
Pay.UK has published a call for information on a proposal by seven participants to introduce a Faster Payments Service (FPS) rule requiring the payment of a contingent reimbursement model (CRM) fee...
On August 26, 2019, the Swiss Financial Market Supervisory Authority (FINMA) published guidance on payments on the blockchain. ...
UK e-money firm Moorwand is facing claims from alleged investment fraud victims that it processed payments for two online trading scams, an investigation by PaymentsCompliance has found.
Greece’s central bank has joined the ranks of national regulators granting payment services providers respite from enforcing incoming EU rules on strong customer authentication (SCA) for online...

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