$6bn Fraud Problem: U.S. Institutions Struggling To Detect Synthetic Identities
The U.S. Federal Reserve has published a second report on synthetic identities, with experts urging …
France Eyes Shorter SCA Transition After European Pressure
France’s central bank could drop its plans for an extended delay to strong authentication reforms, …
EBA Calls For New Laws As Fintechs Face Fragmentation
The European Banking Authority (EBA) has called for new legislation after finding fintechs passporting across …
Australian Stock Exchange Queries Payment Firm's Revenue From 'Unconscionable' Brokers
Australian payment services provider iSignthis has revealed that a quarter of its revenue in the …
Data Concerns Could Leave Payment Firms In The Lurch After Brexit
As the UK financial services sector prepares for life outside the European Union, concerns are …
UK Firms Face Timings Quirk Over Cross-Border Payment Reforms
The UK government has confirmed it has “no plans” to retain EU reforms on cross-border …
Lithuania Fines E-Money Firm Over 'Systemic' AML Violations
The Bank of Lithuania has fined electronic money institution Mistertango €245,000 over repeated failures in …
Regulators Must Crack Down On 'Unacceptable' Payment Outages, Demand MPs
An influential UK parliamentary committee has sounded the alarm over a lack of regulatory consequences …
Zuckerberg: We Will Abandon Libra If U.S. Regulators Say No
Facebook chief Mark Zuckerberg told the U.S. Congress on Wednesday that the company would abandon …