Few are prepared to venture a guess of the size of the contract to be awarded by the UK’s top payment systems operator, Pay.UK, to supply the engine of the country’s new retail payment system — but...
The European Banking Authority's (EBA) single rulebook Q&A contains information on various regulations and directives to ensure consistent and effective application of the new regulatory...
A senior Financial Action Task Force (FATF) official has said there are “persistent global weaknesses” in the supervision of money remittance firms, warning that international banks will remain...
On October 29, 2018, the Reserve Bank of Australia (RBA) launched a consultation seeking feedback on issues regarding the functionality of, and access criteria to, the New Payments Platform (NPP),...
On October 10, 2019, Payments Canada launched a consultation on a proposed policy framework for its new real-time gross settlement, high-value payments system, Lynx, which is going to replace the...
On October 1, 2019, the Ministry of Finance submitted proposals for a new law that aims to ensure better access to cash services for businesses and consumers in Sweden. The proposal would require...
On September 30, 2019, UK Finance announced the “Community Access to Cash Initiative”, which aims to help local communities secure access to cash and payment facilities. The initiative recognises...
Mexico’s “request to pay” infrastructure is set to launch today, carrying with it hope from authorities that this latest step on the country’s road to payments modernisation will help nudge...
Industry leaders have touted request to pay as the function that will drive the mass adoption of instant payments across Europe, after years of largely futile efforts to introduce a cohesive scheme...
On April 8, 2019, the Reserve Bank of Australia (RBA) and the Australian Payments Council (APC) released a consultation paper seeking feedback on the migration of the messaging of the Australian...
On June 13, 2018, the Payments System Regulator (PSR), in its capacity as the regulatory body that promotes competition and innovations and ensures that the payment system operates effectively and...
On June 6, 2019, the Payment Systems Regulator (PSR) released a consultation paper titled “Considering the incentives to deploy free-to-use ATMs in the LINK network — Review of the structure of...
The Brazilian Securities Commission (CVM) has opened a public consultation to regulate the experimental regulatory environment known as a “sandbox”.
On August 17, 2019, Bank Indonesia launched a Quick Response (QR) Code standard for payments through server-based e-money applications, electronic wallets and mobile banking known as QR Code...
The new faster payment system announced by the U.S. Federal Reserve has largely garnered praise, despite calls for details on how it will sit alongside existing offerings.
On August 7, 2019, the Finnish Ministry of Justice published a consultation seeking responses on the experiences and challenges faced while applying the General Data Protection Regulation (GDPR) in...

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