Lawsuit Accuses CFPB Of Jeopardising Consumers With New Open Banking Rules
Two US banking groups filed a lawsuit against the Consumer Financial Protection Bureau (CFPB) just …
MoneyGram Hack An Open Goal Due To Lack Of Encryption, Sources Say
As US payment platform MoneyGram assesses the damage from a major hack of customer information, …
Clean Sweep For Google Pay As Dutch Banking Apps Pull Out Of Mobile Payments
To the consternation of consumer watchdogs, Google’s takeover of the Dutch mobile payments market for …
FDX Becomes First To Apply To Be US Open Banking Standard Setter
Financial Data Exchange (FDX) has submitted its application to the Consumer Financial Protection Bureau to …
Payments A Key Focal Point As EU Commission President Sets Out Her Priorities
Ursula von der Leyen, now in her second term as European Commission president, has set out …
Swedish Firms Facing Challenges As DORA Implementation Nears, Regulator Finds
As Sweden’s financial sector gets ready for the EU’s Digital Operational Resilience Act (DORA), a …
Fintechs Enthusiastic About Likely Impact Of The EU's AI Act
The EU’s AI Act, which came into force in August 2024, will be the first …
ECB Argues For More Limited Role In EU Open Finance Legislation
The European Central Bank (ECB) has shared concerns about elements of the EU’s Financial Data …
Dutch Data Protection Authority Fines Uber €290m For US Data Transfers
The Dutch Data Protection Authority has imposed a hefty fine on Uber for violating the …