The Swiss Federal Council has published a report on unfair and unlawful financial flows from developing countries. The report provides an overview of measures to counter the cross-border movement...
SWIFT has published a paper discussing opportunities for banks to use the Business Identifier Code (BIC) and to centralise the internal routing of payments. The paper identifies opportunities to...
The Electronic Payments Association (NACHA), the administrator of the Automated Clearing House (ACH) network, has announced the launch of the first phase of same-day payments and settlements for...
The National Bank of Serbia (NBS) has clarified that Serbian legislation is aligned with EU regulations on the operations of foreign electronic money institutions through the Law on Payment...
The Central Bank of Nigeria (CBN) has published a warning about the exposure of banks on payment solutions due to operational failures. Dipo Fatokun, the director of the Banking and Payment System...
Expansion of electronic payments is a top priority for Greek authorities, experts have said, as lawmakers look to take advantage of the booming industry to clamp down on tax avoidance. 
The Australian Securities & Investments Commission (ASIC) has announced that Westpac Banking Corporation has refunded approximately A$20m to around 820,000 customers for not disclosing clearly...
Study finds chip cards annoy U.S. consumers; Ban on "excessive" surcharging begins in Australia; Official U.S. report reveals insecurity of Bitcoin trading; First Filipino probe into Bangladesh...
Authorities in Nigeria have issued a flurry of money transmitter licences this week, abruptly resolving a combative summer between remitters and regulators.
Regulators in Hong Kong have taken a bold leap into fintech by issuing the first batch of licences to stored value facilities, as it vies for its place as a hub for innovative finance.
Taxmen in India are considering proposals to restrict cash transactions and cash hoarding in an effort to reduce the use of untaxed “black money”.
Ukraine’s latest addition to its transmitter market is being hailed as a success, despite it reminding the country of the limited impact of electronic payments reforms from more than a year ago.
The Payment and Settlement Systems Department of the Bank of Japan has published English versions of its documents released on April 13 and May 26, 2016 with regard to the Forum on Payment and...
The Center for Technology Innovation at Brookings, which conducts in-depth research and policy solutions and is based in Washington, D.C., has published its second annual report on the access to...
The National Bank of Ukraine is consulting on a proposal to limit the amount of cash transactions in Ukraine, with the aim of increasing the use of non-cash payments in the country.The proposed...
Financial institutions in Nigeria have been told by authorities to freeze the accounts of all but three cross-border money transfer operators, PaymentsCompliance has learnt.

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