The UK’s Financial Conduct Authority (FCA) will launch consultations on an “open finance” framework later this year, as the regulator looks to extend open banking beyond only payment accounts.
German lawmakers are standing by plans to force Apple to open access to its payments infrastructure to other providers, despite fierce resistance from the Silicon Valley giant.
Visa and Mastercard are under investigation by federal U.S. antitrust regulators for potential violations of laws giving retailers choice over debit network routing.
A jilted bidder for Experian’s corporate payments business has told the UK competition watchdog that it should have won the deal instead of Bottomline Technologies.
As the UK’s first open banking offerings start to gain consumer traction, fraudsters are already beginning to move into the space — pressuring banks to find out new ways of stopping them.
Singapore’s financial regulator has called for fintechs to focus on interoperable solutions, urging financial inclusion efforts to focus on effective products rather than just broader access.
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...
European finance ministers have voted in favour of new rules for payment service providers intended to help combat VAT fraud, despite vociferous opposition from the industry.
As the Federal Reserve continues work on its proposed FedNow real-time payments settlement system, banking industry and government officials alike are reiterating that the service must be...
The Bank of Mexico has launched a new way to pay in Mexico called CoDi (Digital Collection in Spanish), which became fully operational on September 30, 2019. The platform is the result of joint...
Denmark will follow the European Banking Authority's (EBA) recommendation of a 15-month transition period for new EU rules on strong authentication of online card payments, a reversal of the...
European authorities are investigating efforts by banks to thwart account access for fintechs mandated by the EU’s revised Payment Services Directive (PSD2), with plans to call on national...
Australia’s financial services regulator has put the brakes on Revolut’s expansion in the country, ordering the payment services provider to halt onboarding of new customers while its licence...
The EU’s top banking regulator brushed aside protests from the European Commission when it opted for a 15-month delay to enforcing new rules on strong customer authentication, new records show.
Hungarian regulators have proposed initiatives aimed at boosting financial innovation in a market still dominated by cash, including speedier licensing, digital ID requirements and industry-wide...
Hong Kong’s financial regulator has urged banks and payment service providers to thoroughly vet fintechs accessing accounts under the territory’s open banking regime, as it suggests a series of...

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