South Korea Flags Digital Payments Regulation Overhaul
New categories of payment providers and an open banking law will be introduced in South …
EU Data Watchdog Takes Issue With Financial Crime Information Sharing
The EU’s data protection watchdog has said privacy rights could be violated if law enforcement …
UK Government Targets Card Payments In Sweeping Regulatory Review
A sweeping review of the UK’s “payments landscape” will focus on how to break the …
European Commission Proposes Pan-EU Digital ID
The European Commission has said it wants to create an EU-wide digital identity solution that …
Payments Firms In Limbo After EU Court Pierces Data Shield
Data transfers by payment service providers to countries outside the EU may need to be …
UK Financial Regulator Vows To Improve After Scathing Complaints Report
The Financial Conduct Authority has said it is enhancing its complaints regime after a stinging assessment …
Chile Proposes Interchange Fee Regulation
Chile has taken the first step toward regulation of interchange fees after the country’s Ministry …
A 'Step Change' In Supervision: The FCA's Crackdown On Payments Comes After Years Of Little Scrutiny
Soon after the UK financial watchdog gave a small payment institution licence to Allied Wallet …
Fintechs Key Driver For Payment Innovation In Hungary
An increasing number of innovative fintechs “generates fierce competition for the banking sector”, Hungary’s central …