Fintech is at an early stage of adoption in Turkey, but its market is one of the most rapidly expanding in the world. It is estimated that there are currently more than 200 fintechs operating in...
The Reserve Bank of India (RBI) has published a discussion paper on guidelines for payment gateways and payment aggregators, which takes a look at the activities of payment gateways and payment...
The European Commission has approved a $21.5bn merger between payment giants TSYS and Global Payments after a review of whether the deal could give rise to competition concerns.
The UK’s Financial Conduct Authority (FCA) has urged issuers and acquirers to avoid changing how contactless transactions are handled for a limited period, despite new strong authentication rules...
With a largely transient customer base and cash-centric business model, casinos are on the front lines of the fight against money laundering — but with unique methods of gathering information at...
The UK’s Financial Conduct Authority (FCA) has reiterated that a no-deal Brexit retains the capacity to severely disrupt the movement of retail payments and data, amid difficulties between UK and...
European retailers, acquirers and issuers are braced for chaos. This Saturday, highly controversial payment security rules go live across the EU, and although almost all member states have agreed...
The Swedish Gambling Authority, Spelinspektionen, has written to around 170 payment providers across the EU warning that they could be violating Swedish law if they process transactions on behalf...
France’s central bank will require all online card transactions to be sent over the 3D Secure system by March 2021, as part of its decision to delay enforcement of impending strong customer...
On June 13, 2018, the Payments System Regulator (PSR), in its capacity as the regulatory body that promotes competition and innovations and ensures that the payment system operates effectively and...
Hungary’s central bank has announced it will allow a 12-month transition period before enforcing new strong customer authentication rules for online card payments, due to take legal effect at the...
President Donald Trump’s administration has clamped down on the provision of remittances to Cuba, as well as payments involving the country made through U.S. correspondent banks.
On June 6, 2019, the Payment Systems Regulator (PSR) released a consultation paper titled “Considering the incentives to deploy free-to-use ATMs in the LINK network — Review of the structure of...
Ireland’s central bank has urged financial institutions not to put “blind faith” in automated systems that are widely used to conduct transaction monitoring.
The UK’s Financial Conduct Authority (FCA) has hit out at the enablers of an “epidemic” of fraud, led by a surge in investment scams that are largely peddled online.
The European Commission has put reform of how it assembles its list of high-risk third countries at the top of its agenda as a fresh legislature returned to Brussels to confront issues of financial...

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