The UK looks at PSD2 implementation and partners with the US to promote payments and fintech; the PCI Security Standards Council updates its guidance on e-commerce, prompted by the growing chip...
Authorities in the UK have taken a major step towards implementing the revised Payment Services Directive (PSD2), launching consultations on the draft text and finalising the open banking framework...
A UK payments industry body has said continued dialogue between the financial sector and European regulators is essential in ensuring stability as Britain leaves the EU.
The radical reshaping of the UK payments industry signalled by open banking may fail if additional consumer protection regulations are not put in place, a report has warned.
Competition regulators have insisted the UK should continue working towards open banking standards linked to EU reforms, despite the government confirming it would seek an exit from the European...
After a turbulent and unpredictable 2016, the global payments industry has its work cut out to prepare for a flurry of regulatory, legislative and policy reforms.
A landmark year for the global payments sector, 2016 was characterised as much by legal reforms as by seismic shifts in the political landscape. Regulators in the UK launched unprecedented new...
The impact of open banking on the payments space has been exaggerated, industry insiders have argued, with doubts raised over whether EU regulation will do enough to influence stubborn consumer...
The Payments Strategy Forum has a huge amount of work to do to ensure ambitious designs to futureproof the UK's payment system do not become “slides gathering dust”, industry insiders have said.
UK competition officials are warning traditional institutions that the rise of open banking could soon see retail customers transact more through third-party software than propriety banking apps.
Banks and card firms face pressure in the UK; Europe sees warnings and action on e-payments; the U.S. seeks clarity on Bitcoin rules; and India chases cards, Uganda virtual currencies.UK Talks Open...
A major review of Australia’s banking sector has said banks should be required to open data access to third parties, a move it hopes will disrupt traditional services such as payments and foreign...
Payments companies are divided over whether London will retain its strength in financial services in the face of ongoing regulatory fears linked to the UK's withdrawal from the EU.The fallout from...
Lithuanian industry insiders hope an incoming regulatory framework for “specialised banks” will help e-money institutions gain a foothold in a bank-dominated payments market.
Singapore’s top financial regulator has outlined several initiatives geared to position the city-state as a global smart financial centre, including reforms to licensing, open banking, centralised...
Trump's team announces dismantling of Dodd-Frank Act as FinCEN issues final rule on North Korea; Facebook gains e-money licence in Ireland; the PSR extends its industry probe on payment system...

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