Industry experts have criticised the UK’s incoming credit card gambling ban for failing to address potential loopholes that could see problem gamblers circumvent it.
The UK Gambling Commission will ban gambling by credit card from April 14, saying players who gamble that way are more likely to be problem gamblers.
Nigeria has laid out its information security expectations for payment services operating in the country as it continues to seek to drive adoption of electronic payment methods.
The EU is consulting on the definitions and uses of virtual currencies as it looks to further standardise regulatory approaches across the bloc.
After a 2019 in which payment firms found themselves running to keep up with new regulations and the efforts of authorities to fill the gaps in existing laws, many — including regulators — are...
It was another year of breakneck innovation across Asia-Pacific, the Middle East and Africa, as countries rolled out virtual banking licences, digital payment strategies and mobile money efforts....
Still behind Europe when it comes to the regulatory implementation of new measures such as open banking, the Americas nonetheless continued to make strides in the development of new payment systems...
A top U.S. Federal Reserve official warned this week that Facebook's planned Libra cryptocurrency could present "a number of risks" to consumers and the financial system — adding to the chorus of...
A new report to the European Commission has laid out a number of steps to be taken to further level the playing field for fintechs in the EU.
PayPal Inc. has filed a lawsuit against the U.S. Consumer Financial Protection Bureau (CFPB) over customer disclosure requirements included in the consumer watchdog's rules covering prepaid...
Sweden’s central bank has launched a project to begin testing a central bank digital currency (CBDC), as it presses ahead with exploration of an e-krona.
The Norwegian gambling regulator has confirmed that new powers to prevent overseas-based online gambling sites from accepting payments in Norway will come into effect on January 1, 2020.
Tighter EU controls on card security are already pushing fraud into other areas, with scammers targeting mobile authentication apps and “global wallet” payment instruments, new research has shown.
A consortium of U.S. retail associations and debit networks have accused Visa and Mastercard of using EMVCo standards as a vehicle for restricting competition and protecting revenue despite...
The Financial Conduct Authority has said payment service providers must act quickly to push merchants into compliance with EU rules on strong customer authentication (SCA) for online card payments.
The Financial Conduct Authority (FCA) has ordered e-money institution One Stop Money Manager Limited and payment institution Merchant Optimisation Services Limited to stop operating.

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