FCA Unlikely To Revisit 18-Month Strong Authentication Delay
The Financial Conduct Authority (FCA) has not ruled out altering its 18-month enforcement delay of …
UK Banks And Campaign Groups Back Faster Payments Fraud Levy
The body in charge of the UK’s real-time interbank payment system is being pressured to …
Belarus: National Bank Launches Consultation on New Legislation for Payment Systems and Payment Services
On October 7, 2019, the National Bank of the Republic of Belarus published a consultation …
PayPal To Enter China Market After Takeover Approved
Payment services giant PayPal has succeeded in its long-running attempts to crack China’s booming payments …
Portugal: Council of Ministers Approves No-Deal Brexit Contingency Measures
On September 30, 2019, the presidency of the Council of Ministers has approved Decree Law …
Suspicious Activity Reporting A One-Way Street, U.S. Banks Say
U.S. regulators have been urged to provide better feedback to financial institutions on suspicious activity …
Mexico Touts 'Request To Pay' As Boost For Financial Inclusion
Mexico’s “request to pay” infrastructure is set to launch today, carrying with it hope from …
Brazil: Central Bank Updates Resolution on Cybersecurity and Cloud Services
On September 26, 2019, the central bank of Brazil (BCB) published Resolution no. 4.752, which amends …
Pressure For U.S. Instant Payments May Trump Private-Public Spat
A U.S. House of Representatives hearing has brought some indications that the need to establish …