Hong Kong’s financial regulator has denied suggestions it will introduce new rules requiring cash machine operators to carry out face recognition checks on consumers.
The Ministry of Finance and the Bank of Lithuania are inviting responses to 15 questions regarding the implementation of the revised Payment Services Directive (PSD2), which will be transposed via...
Banco de Portugal, the central bank, has published a public consultation on the framework of the transposition of Directive 2015/2366, also known as the revised Payment Services Directive (PSD2)....
The revised Payment Services Directive (Directive (EU) 2015/2366), also known as PSD2, has brought a set of obligations for the European Commission, the European Banking Authority (EBA), EU member...
The European Central Bank (ECB) has published its opinion on the Bulgarian draft law which will limit cash payments in the country. The draft law proposes reducing the threshold for cash payments...
The Monetary Authority of Macau has instructed ATM operators to refuse cash withdrawal services to China UnionPay customers from mainland China if their ATMs do not allow face-recognition...
Banco Central do Brasil, the central bank of Brazil, has issued Circular No. 3.839/2017, which amends the procedures to be followed by financial institutions in operations involving cash resources...
The National Bank of Ukraine (NBU) has announced that it is going to make it easier for banks and their customers to carry out transactions involving currency valuables and that it will begin to...
Israel’s Cabinet was presented with legislation over the weekend which will bar retail financial trading companies working out of the country from offering binary options to overseas customers as...
Banks that refuse to do business with the cross-border remittance sector are opening themselves up to greater risk, according to the head of one of the world’s top money transfer firms. 
Further concerns have emerged with regard to Portugal’s proposed limit on cash payments, following the European Central Bank’s (ECB) lukewarm reception to the draft laws last week. 
The European Central Bank (ECB) has warned that a pair of draft laws in Portugal which are seeking to put limits on cash payments in the country could be damaging for financial inclusion. 
Norwegian regulators are claiming success in their efforts to block payments to unlicensed online gambling companies, with three of the top five payments processors confirming that they have...
Digital payments giant Paysafe has once again found itself under fire from an enigmatic short-seller which has published contested claims relating to the payment provider’s activity in the Turkish...
The U.S. has added four individuals linked to the Syrian government to its list of sanctioned entities, with the financial sector warned to watch out for attempts to move funds out of the country.
The Bank of England (BoE) has published its proposal for the next generation of the Real-Time Gross Settlement (RTGS) system. The consultation paper, called “A new RTGS service for the United...

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