European Commission Reviews Acquisition Of Spanish Prepaid Giant
The European Commission has opened an inquiry into the acquisition of Spain’s largest prepaid card …
UK Regulator Flags Dirty Money Focus For Payment Firms
Payment firms will face greater scrutiny from the UK’s financial watchdog over their financial crime …
Coronavirus Round-up: What Firms and Regulators Are Saying
As coronavirus cases continued to multiply and more countries were plunged into lockdown this week, angst …
EBA Urges Vigilance On Pandemic Money Laundering
Europe’s top banking supervisor has urged firms to be on guard over coronavirus-related financial crime, …
FCA Lets Issuers Disregard Contactless Thresholds, Flags Possible SCA Delay
The UK’s Financial Conduct Authority (FCA) has given firms the green light to disregard cumulative …
Industry Urges FCA To Ease Capital Rules As Virus Hits
A group representing UK payment service providers has called on the financial regulator to ease …
U.S. Regulators Offer Banks Examination, Reporting Relief Amid Pandemic
As the coronavirus pandemic continues to wreak havoc on the global financial sector, some U.S …
UK Regulator Likely To Scrutinise Firms In Virus Cash Crunch
The coronavirus has yet to severely hit the UK payment services sector but any firm …
FATF: Latest Guidance on Digital Identity
The Financial Action Task Force (FATF) has issued a document to guide governments, regulated entities …