EU industry groups are making a last-ditch lobby effort on access to accounts, transaction fraud rates and corporate payments as the European Commission considers whether to make changes to the...
The U.S.’ Consumer Financial Protection Bureau (CFPB) has proposed to delay the entry into force of controversial new rules on prepaid cards by six months, after widespread industry concerns.
Industry researchers believe European officials may amend the European Banking Authority's proposed rules allowing providers to bypass certain security checks if fraud rates are sufficiently low.
India has made further steps to roll out a debit payments system based on its nationwide digital identity platform, unveiling a biometric authentication app for merchants.
The Bank of England questions the effectiveness of enormous fines for misconduct; U.S. regulators are rapped for their handling of the Wells Fargo fake account scandal; Japan's top financial...
Financial firms in the UK have appealed for additional guidance from regulators on cybersecurity, after a government report revealed nearly half of all businesses suffered at least one breach last...
UK financial regulators have proposed a 50 percent discount for firms required to reapply for authorisation — which includes all payment and e-money institutions — although extra costs are...
SWIFT, the global provider of secure financial messaging, has released a new security payment control service which will strengthen customers’ existing fraud controls....
The European Parliament’s rapporteur for fintech has told PaymentsCompliance that she is optimistic a regulatory action plan on innovative financial technology can be produced within months.
Industry experts are warning that exemptions from strong authentication proposed by the European Banking Authority could prove “almost unworkable” for payments firms.
Indian financial regulators have extended the consultation period on controversial proposals to toughen security requirements on prepaid financial products, after industry outcry at their...
On March 23, 2017 the European Payments Council (EPC) published the 2016 Payment Threats Trends Report, which provides an insight into the latest developments on threats affecting payments,...
The UK government announces that it will opt in to amendments to the 4th Anti-Money Laundering Directive; a Florida district court dismisses racketeering charges against a payments processor...
UK financial regulators are planning to tighten controls around contactless card and push-payment fraud, in response to fears that criminals are exploiting inconsistencies in existing laws and...
On March 7, 2017 Senator Sherrod Brown introduced bill S.552 proposing to amend the Truth in Lending Act and the Electronic Fund Transfer Act to provide justice to victims of fraud....
Authorities at national and EU level are agreed that current regulatory frameworks around cybersecurity are insufficient, with the financial sector likely to be targeted first.

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