Daily Dash: FSB Says Rapid AI Adoption In Finance Could Spark Financial Stability Risks
The Financial Stability Board (FSB) has released a report assessing the implications of AI in …
Malaysia Unveils New Risk Management Plans For Financial Institutions
Malaysia’s central bank has launched a public consultation on its plans for risk management in …
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 …
Week In Crypto: Trump Allies Promise US Strategic Bitcoin Reserve
Following Donald Trump’s victory in the US presidential election, a US senator believes that their …
Mastercard Faces European Commission Fee Probe
The US card giant has disclosed in its quarterly report that it is cooperating with …
Singapore: New National AML Strategy Banks On 'Whole-Of-Government' Approach
One year on from Singapore’s largest ever money laundering bust, regulators are banking on a …
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 …
DoJ Visa Lawsuit Could Sway US Credit Space, Swipe Fee Debate
One of the most consequential impacts of the DoJ’s case against payments giant Visa could …