New Rules To Reduce Enforcements A 'Win-Win' For Lithuania's Payment Firms
The Bank of Lithuania has recently enacted amendments to regulatory acts allowing for “peaceful” or …
Hong Kong Aims To Tighten Direct Debit Protections In New Circular
The Hong Kong Monetary Authority has issued guidelines addressing the responsibilities of banks regarding payment …
US Mega Banks Signal Potential CFPB Litigation Over Zelle Complaints
Three of the largest banks in the US, which collectively account for 73 percent of …
Week In Crypto: Tether Under US Criminal Investigation, Says WSJ
An article by the Wall Street Journal (WSJ) has claimed that Tether is under criminal investigation …
UK Regulator Fines Wise CEO Over Failure To Disclose Tax Issues
The Financial Conduct Authority has imposed a £350,000 fine on Kristo Käärmann, CEO of Wise, …
Apple And Goldman Sachs Gloss Over CFPB Enforcement
Apple and Goldman Sachs have both defended their card solution after being fined more than …
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 …
Week In Crypto: All Charges Dropped Against Binance Executive Detained In Nigeria
A Binance compliance executive is relieved of criminal charges in Nigeria, the FBI arrests a …
Communication Breakdown: Further Questions Raised Over Revolut's Fraud Controls
Revolut is facing renewed criticism in the UK in the wake of a BBC investigation …