Greg Medcraft, chairman of the Australian Securities and Investments Commission (ASIC), gave a speech at the Australian Financial Review (AFR) Banking and Wealth Summit in Sydney on April 28, 2015.
Experts are optimistic that Denmark’s proposed move towards permitting cashless businesses will not cause payment fraud to rise, despite the trend occurring in Sweden.
Legal experts have urged regulators to review cybersecurity controls for payments businesses, after a report warned that threats to financial market stability across Europe have "intensified".
Jennifer Shasky Calvery, the director of the Financial Crimes Enforcement Network (FinCEN), gave a speech at the West Coast AML Forum on May 6, 2015 in San Francisco, California.The speech can be...
The European Banking Authority has released its final guidelines on the security of internet payments. In this article, Arno Voerman of Dutch law firm Van Doorne provides details on the minimum...
Israeli authorities are weighing a major case against credit card issuer Cal for allegedly processing billions of shekels in online gambling and other illegal activities.
Payments businesses are at risk of becoming pawns in a global political cybersecurity game played out over the financial sector, experts have warned.
This week's payments news in brief, covering regulatory updates from Europe, deals and announcements.
Australia’s electronic payments channels and new transaction methods are to come under heavier scrutiny, according to a new report by the global anti-money laundering watchdog.
Payment technology firms including Apple have been given a boost after Chinese authorities suspended security rules which would have effectively forced international firms out of a trillion-dollar...
The European Commission has urged financial institutions to prepare themselves for impending cybersecurity regulations which will ramp up reporting of breaches and other incidents.
Financial regulators in the U.S. have released a detailed report emphasizing the dangers third-party service providers pose to banks.
Singapore is launching a two-pronged attack on financial crime with new laws set to widen regulatory powers and bring card schemes under central bank rule.
A U.S. federal enforcement lawsuit against four payment processors caught in a dragnet targeting bogus debt collectors has sent shockwaves through the industry.
France will introduce tougher controls on cash, cross-border transactions and prepaid cards under national reforms designed to combat terrorist financing, urging the European Commission to follow...
The payments sector must brace for levels of internal scrutiny “unlike any other period in its history,” lawyers representing global industry leaders have warned.

Pages