Australia: Merchant Fees Rise As Government Vows To Tackle Surcharging
New data from the Reserve Bank of Australia indicates that merchant fees rose sharply towards …
Hungarian National Bank Fines K&H Bank HUF19m Over Failure To Comply With Open Banking Rules
The KBC-owned Hungarian bank has been hit with a financial penalty from the Magyar Nemzeti …
Daily Dash: ESAs Unveil Roadmap For Critical ICT Third-Party Oversight Under DORA
The European supervisory authorities (EBA, EIOPA and ESMA) have published their roadmap for designating critical …
Latvia's New Guidelines On Fraud Prevention Aim To Strengthen Risk Management
Public-private collaboration in the financial services space has paved the way for a new set …
Kotak Mahindra Bank Cleared To Onboard Customers Again Following Enforcement Action
One of India’s largest banks may resume normal operations again following the lifting of a …
Daily Dash: Troubled E-Money Firm Nvayo Enters Special Administration
Nvayo Limited, an e-money institution regulated by the UK’s Financial Conduct Authority, has entered special …
Hungary Fines Payments Institution Nearly €30,000 Over Customer Treatment
The Magyar Nemzeti Bank (MNB), Hungary’s central bank, has fined payments firm OFSZ a total …
Daily Dash: Federal Reserve Delays ISO 20022 Implementation Until Summer
The US Federal Reserve has postponed the planned implementation of the ISO 20022 message format …
New Zealand's Streamlined AML/CFT Act Completes First Reading
A new bill that aims to reduce the compliance burden of anti-money laundering (AML) reporting …