On September 13, 2018, the Central Bank of Nigeria (CBN) published Circular BPS/DIR/GEN/CIR/05/011, establishing the operational rules of the Instant Electronic Funds Transfer Services, an instant...
On September 12, 2018, the UK's cash machine (ATM) network LINK, in line with its previous commitments, published its first report unveiling data regarding the geographical coverage of ATMs in the...
On September 7, 2018, the Central Bank of Nigeria (CBN) launched a public consultation, seeking comments on a draft instrument aimed at regulating the provision of acquiring services by non-bank...
On September 4, 2018, the Central Bank of Costa Rica (BCCR) published an updated version of the Payment Systems Regulations. The instrument regulates the organisation and operation of the National...
On September 3, 2019, Circular Letter No. 3.904/2018 was published in the official gazette. The paper, which was drafted by the Department of Banking Operations and Payment Systems of Banco do...
SWIFT has seen the first fintech launch on its cross-border payment service, as UK-based company Ebury becomes the first non-bank to participate in the global payments innovation (gpi) initiative.
On August 28, 2018, the Senate of the Philippines passed a draft of the National Payment Systems Act following the third reading....
On August 16, 2018, Urjit R. Patel, the governor of the Reserve Bank of India (RBI), delivered a speech to accompany the launch of Version 2.0 of the Unified Payments Interface (UPI). The system...
On August 7, 2018, the Bank of Albania launched a public consultation on the draft law “On Payment Services in the Republic of Albania”, which aims to modernise the existing regime in relation to...
Advisors to the Australian government have called for interchange fees to be banned by the end of next year and suggested that authorities should investigate direct regulation of the merchant...
On February 7, 2018 the Productivity Commission launched a consultation on a draft report on competition in the Australian financial system. The report provides an overview of the development of...
Lithuania’s payments regulator has launched a new initiative to allow transactions using only the recipient’s phone number, as part of the country’s recognition of the growing ubiquity of mobile...
On May 25, 2018, the Department of Finance launched a public consultation aiming to review the Canadian Payments Act, which regulates the payment clearing and settlement systems operated by...
On August 1, 2018, the Central Bank of Nigeria (CBN) published a circular on revised Nigeria Bankers’ Clearing System (NBCS) Rules 2018, as part of the country’s efforts to promote electronic...
On July 31, 2018, the Payment Systems Regulator (PSR) released a report regarding the implications of contactless mobile payments (CMP) on the local payments industry, as part of its role promoting...
Switzerland’s financial regulator has opened enforcement proceedings against the issuer of an initial coin offering (ICO) for the first time in its history, after suspicions the company was...

Pages