Central Bank Digital Currencies 'Could Be 20 Years Away'
The prospect of central banks issuing their own digital currency remains distant, as central banks …
Israel: Central Bank Issues Report on Examination of Central Bank Digital Currencies
On November 6, 2018 the Bank of Israel published a summary of the work that …
Israel: Central Bank Introduces Amendments to Directive on Merchant Acquirers and Acquiring Payment Card Transactions
On November 1, 2018, the Banking Supervision Department within the Bank of Israel published draft …
Israeli Acquirers Hit With Flurry Of Anti-Fraud Efforts
Acquirers have found themselves the focus of recent Israeli efforts to protect against payment fraud …
SWIFT's Iran Connection Not Yet Safe As U.S. Cut-Off Date Looms
Last-minute talks are continuing between international financial messaging service SWIFT and the U.S. Treasury as …
Israel: Central Bank Announces Further Progress on Standard for Advanced Payment Card EMV Implementation
On October 23, 2018 the Banking Supervision Department, within the Bank of Israel, announced that …
Remittances, Prepaid And Crypto Funding Terrorist Groups, FATF Warns
Terrorist organisations are becoming increasingly dependent on fund transfers, including through remittance providers and via …
Regulatory News Updates – October 19, 2018
U.S. Treasury Rules Out Laws On De-Risking As MSB Sanctions Ramp Up
A U.S. Treasury official has said legal reforms aimed at helping money transfer firms affected …