Cash App UK Shuts Down As US Enforcement Action Looms
Cash App is set to close in the UK after six years in business, as …
UK Regulator Publishes Draft Guidance On APP Scams And Civil Disputes
The Payment Systems Regulator has issued draft guidance intended to help payment service providers differentiate …
Massive IT Outage Sparks Calls For Enhanced Operational Resilience Ahead Of DORA
Friday’s unexpected global IT outage disrupted various industries, including financial services, prompting experts to question …
UK Regulator Demands Better Treatment For Politically Exposed Persons
The Financial Conduct Authority has called on financial institutions, including payment firms, to ensure that …
Ireland Updates Consumer Protection Code To Combat Digital Risks
The Central Bank of Ireland is significantly revising the country’s Consumer Protection Code, aiming to …
UK Regulators Launch Joint Call For Information On Big Tech And Digital Wallets
The Payments Systems Regulator and the Financial Conduct Authority are aiming to assess the benefits …
UK Industry Body Urges New City Minister To Cut APP Fraud Reimbursement Cap
The Payments Association has called on Tulip Siddiq, the newly appointed economic secretary to the …
Jubilance In EU As Apple Pay Tussle Draws To A Close
The end of a four-year battle between Apple and the European Commission’s competition authority has …
New Charges On Cheque Services Are 'Reasonable', Says Singapore Regulator
As Singapore moves towards phasing out cheques in 2025, some consumers have complained that they …