Daily Dash: FSB Says Rapid AI Adoption In Finance Could Spark Financial Stability Risks
The Financial Stability Board (FSB) has released a report assessing the implications of AI in …
Hong Kong Aims To Tighten Direct Debit Protections In New Circular
The Hong Kong Monetary Authority has issued guidelines addressing the responsibilities of banks regarding payment …
Daily Dash: European Payments Council Releases Verification Of Payee API Specifications
The European Payments Council has published the Verification of Payee (VoP) API Specifications, establishing the …
Daily Dash: Dubai Financial Watchdog Scrutinises Authorised Firms' Complaints Handling
The Dubai Financial Services Authority has released a thematic review of how authorised firms in …
Daily Dash: New US FTC ‘Click-To-Cancel’ Rule Will End Subscription Traps
The US Federal Trade Commission (FTC) has unveiled a new rule that will penalise sellers …
WeChat Pay Fined In Hong Kong For Failure To Act On Scam Alerts
The Hong Kong Monetary Authority (HKMA) has imposed a six-figure fine on WeChat Pay after …
Daily Dash: Cross-Border Instant Payments Are 'Top Of Our Agenda', Says RBI
The Reserve Bank of India (RBI) has said that building instant payment linkages for remittances …
Daily Dash: Malaysian Regulator Fines Two Banks For Downtime During Outages
Malaysia imposes fines on two banking heavyweights for violating the country’s stringent rules against unplanned …
Week In Crypto: Celsius Wants $2.2bn In Bitcoin Back From Tether
Celsius sues Tether over a historic Bitcoin collateral agreement, Binance is back online in India …