A surprise statement from the Polish regulator has left banks and payment firms facing difficult decisions around whether or not to provide a “fallback” interface for third-party account access.
The Financial Conduct Authority (FCA) has declined to be drawn in to a call by the head of parliament’s Treasury Select Committee to enforce and oversee a code of conduct for data handling by open...
A consortium of Australian banks has touted request for payment (RfP) as one of the leading potential use cases for instant payment infrastructures, but the banks are coming under fire domestically...
New Payments Platform (NPP) Australia has released a white paper on the next generation of real-time payments. The paper explores the key trends, opportunities and challenges of the global real...
The UK’s Payment Systems Regulator has suggested that the upper limit for the country’s real-time interbank fund transfer system could be raised to £20m, although experts are warning of the fraud...
On June 28, 2019, the Central Bank of Argentina (BCRA) announced that, as of July 1, 2019, the electronic cheque, called ECHEQ, comes into effect, allowing users to make and receive cheques...
Singapore is opening its digital banking ecosystem to non-banks, unveiling a plan to issue up to five new licences to fintechs in what officials are calling “the next chapter in Singapore's banking...
The head of the UK parliament’s influential Treasury Select Committee has called for a mandatory code of conduct for open banking participants, in a harbinger of further political scrutiny of data...
Although Nevada’s emerging blockchain sector remains small in terms of revenues compared to the mining or gaming industries, it has been growing rapidly as state lawmakers look for ways to...
On June 27, 2019, the Payment Systems Regulator (PSR) published a report that updates on the progress made to the access and governance of payment systems. The report provides information on the...
On December 10, 2018, the European Commission announced that it reached a political agreement with the European Parliament and the European Council on the Cybersecurity Act. The act forms part of a...
On June 26, 2019, the Reserve Bank of India (RBI) published a set of FAQs on the storage of payment system data to ensure compliance with the data processing and storage guidelines by all payment...
Payments firms have called on European-level authorities to learn lessons from the struggles around national-level open banking initiatives as they look to expand the regime into a pan-European...
UK regulators are upping pressure on regulated payments businesses that incorporate unregulated crypto-assets into their product offering — but industry groups believe that distinction is not yet...
On June 24, 2019, the governor of the Reserve Bank of India (RBI) announced the launch of a Complaint Management System (CMS) on its website to resolve customer complaints in a timely manner. The...
The Bank of England’s decision to open up overnight deposits to non-banks has been welcomed as an embrace of innovation, but marks a recognition that an explosion in the use of specialist payment...

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