Danish regulators have issued a warning to Coop Bank over its vulnerability to money laundering and terrorist financing, amid broader efforts to improve the country’s bruised image when it comes to...
E-wallet providers in the UK say they are ready to work with the country’s gambling regulator after it threatened to restrict betting using any payment method that could be funded by credit card.
Germany has confirmed it will delay enforcement of incoming EU rules on strong customer authentication (SCA) for online card payments, with the country’s regulator and banking lobby blaming...
On August 20, 2019, the Financial Conduct Authority (FCA) published a "Dear CEO Letter" on requirements for strong customer authentication (SCA) in card-not-present e-commerce transactions. ...
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)....
The online gaming industry appears to have the upper hand in its battle with the U.S. Department of Justice (DOJ) over the U.S. Wire Act of 1961, but a leading gaming attorney in Washington, D.C....
International card schemes may face new compliance headaches in Russia after laws were passed designed to prevent them from complying with US and EU sanctions in the country’s banking sector.
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...
Poland’s financial regulator will delay enforcement of new strong customer authentication (SCA) rules and is happy to await further clarity on timings from Europe — even if nothing is issued until...
Offshore gambling and payments companies have suffered another setback in their rolling battle to defeat the Norwegian government’s payment blocking campaign.
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...
In an effort to resurrect a ban on internet gambling, the U.S. Department of Justice (DOJ) on Friday appealed a June 3 decision by a federal judge in New Hampshire who ruled the U.S. Wire Act of...
Australia’s central bank has again told off banks and acquirers for failing to comprehensively roll out least-cost transaction routing for contactless debit transactions, as industry groups claim...
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 Governing Council of the European Central Bank (ECB) has published in the official journal of the European Union Decision (EU) 2019/1349 of the European Central Bank of July 26, 2019 on the...
The European Central Bank (ECB) has launched a consultation on the revision of the Systemically Important Payments Systems (SIPS) regulation. The consultation paper describes the methodology used...

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