On July 22, 2019, the National Crime Agency (NCA) published its annual report and accounts for 2018-19. The National Strategic Tasking and Coordination Group (NSTCG) has determined that based on...
The UK’s payment system operator, Pay.UK, is preparing for a more central role in fighting economic crime, but even after the government’s new plan revived commitments for its future operations...
European authorities may have to take a more flexible approach to third-party account access from September, an MEP has told PaymentsCompliance, amid lingering concerns that banks’ unreadiness...
The UK government has called for input on the possibility of establishing a digital identification system for the country, which would provide a single mechanism whereby customer authentication...
The UK’s Financial Conduct Authority (FCA) has admitted its register of regulated firms contains “data quality issues” and will invest £5m in improvements, after outrage that legitimate businesses...
U.S. lawmakers have raised concerns that the structure of Facebook's controversial Libra cryptocurrency could make it highly attractive to criminals, calling into question whether checks by wallet...
Belgium has been plunged into a debate over ATM availability in supermarkets after a legislator introduced a bill that would overturn measures all but wiping out cashpoints located in physical...
Plans for a phased introduction of strong authentication are taking shape in the UK, with influential industry groups expected to ask regulators for a delay in enforcement of at least 18 months...
Mastercard has joined retail groups across Europe in calling for a harmonised approach to the introduction of strong authentication, as authorities piece together strategies for phasing in the new...
A New York gang of fraudsters has been indicted for allegedly running a prepaid gift card laundering ring that turned a profit of a million dollars per month.
The European Council has adopted a directive that provides measures to facilitate competent authorities' use of financial and other information for the prevention, detection, investigation or...
On July 10, 2019, the Danish Financial Supervisory Authority (FSA) issued a note on good practice regarding the use and application of artificial technology and, more particularly, supervised...
The UK’s data protection watchdog has announced its intention to slap hotel group Marriott International Inc with a £99.2m fine over a four-year-long data breach that involved millions of guests’...
The French central bank has confirmed it will grant payment providers more time to comply with incoming strong authentication rules, recognising widespread concerns about the technological work...
On July 5, 2019, the Financial Action Task Force (FATF) published a report on terrorist financing risk assessment guidance. The guidance aims to assist practitioners with assessing and identifying...
On July 5, 2019, the Norwegian Financial Supervisory Authority (Finantilsynet) published an updated version of its risk assessment on money laundering and terrorist financing, which was initially...

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