Australia To Mandate Cash Acceptance For Essential Items
Australia’s Labor government has announced that it plans to mandate cash acceptance for purchases of essential …
UK Government Focuses On Open Banking In National Payments Vision
Clarity on the future of open banking will be key to making the most of …
Daily Dash: Big Tech, APAC Central Banks Take Part In Cloud Disruption Simulation
Google, Microsoft and Amazon have taken part in a tabletop simulation of a “severe” outage …
Week In Crypto: FTX Sues Binance In Effort To Recover $1.8bn
FTX’s new management attempts to settle an old score with Binance, FTX’s co-founder may be …
Consumers Lack Fundamental Protections For Their Financial Privacy, CFPB Warns
A new report from the US Consumer Financial Protection Bureau (CFPB) argues that current data …
FinCEN Issues Urgent Warning On GenAI Fraud
The US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued an alert …
PSR Readies Online Platforms For Fraud Data Naming And Shaming
The UK’s Payment Systems Regulator (PSR) is inviting feedback on its proposed publication of data …
Regulators Caught In Arms Race With Scammers, As Global Losses Hit $1.03trn
A new report has found that consumers lost $1.03trn to scams in 2023, setting the …
FCA Fines Metro Bank £16m Over Financial Crime Failings
The UK’s Financial Conduct Authority (FCA) has imposed a £16,675,200 fine on Metro Bank PLC …