Crypto-asset experts in New Zealand have said there are still some hurdles in the way of mainstreaming payment of salaries in virtual currency, after the country’s authorities clarified how crypto...
Malta’s central bank has confirmed that payment service providers in the online gambling hub will be allowed to delay compliance with EU rules on strong customer authentication (SCA) of online...
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 14, 2019, the European Banking Authority (EBA) published responses to the fifth set of issues (XXI to XXVI) raised by participants of the working group on application programming...
Industry groups say the decision by UK regulators to delay enforcement of strong authentication reforms will help steer firms away from a “cliff edge” next month, despite the decision not to give...
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...
The UK’s Financial Conduct Authority (FCA) has formally agreed to grant payment providers an additional 18 months to comply with new strong authentication rules.
UK firms are hoping to seize on regulators’ increasing leniency around incoming strong customer authentication (SCA) reforms, seeking further flexibility on contactless card transactions.
In its final plea for leniency on September’s strong authentication reforms, industry group UK Finance has requested an 18-month transition period — with a six-month carve out for issuers...
New U.S. sanctions against Venezuela fall short of a crippling embargo but are still likely to accelerate an exodus of foreign firms from any business involving the oil-rich nation, legal experts...
Ireland’s payments regulator has become the latest authority to confirm it will delay the enforcement of incoming EU rules on strong customer authentication (SCA), as it called for a collective EU...
On August 8, 2019, Draft Law 7467/00 transposing certain provisions of the 5th Anti-Money Laundering Directive (5th AMLD) was presented to the Chamber of Deputies, the unicameral national...
Challenger bank Monzo is among some of the UK’s best-known lenders who have still not signed up to a voluntary industry code to reimburse victims of spiralling push payment fraud.
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...
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...
Uncertainty about when national authorities will start enforcing EU-wide strong authentication rules risks causing a stalemate over customer communications, industry figures have said.

Pages