Dutch Regulator Issues Warning Over BNPL Misuse
Hundreds of thousands of buy now, pay later (BNPL) transactions could have been carried out …
Bank Of Lithuania Fines Flywire, Secure Nordic Payments For Regulatory Shortcomings
Payment institution Flywire and e-money institution Secure Nordic Payments, which operates as Mistertango, have been fined …
Former Payvision Execs Fined For AML Failures
The Dutch Public Prosecution Service has imposed fines of €150,000 and €180,000 on two former …
Laos, Brunei Join ASEAN Payments Alliance
The central banks of Laos and Brunei have joined the Regional Payment Connectivity Initiative, run …
Anti-Fraud Framework Will Be Implemented This Year, Singapore Confirms
Singapore will finalise and implement a planned Shared Responsibility Framework to combat phishing scams by …
Remittance Providers Warned To Halt False Advertising In US
International money transfer providers should be prosecuted if they make false claims about the cost …
Lithuania Revokes Majestic Financial Licence Over Money Laundering Failures
Majestic Financial “grossly and systematically” violated anti-money laundering and counter-terrorist financing requirements, according to the …
Maltese Regulator Calls For 'More Concrete Measures' On DORA
Financial firms in Malta need to do more work to become compliant with the EU’s …
Influencers Risk Jail Time For Bad Financial Promotions, FCA Warns
Social media influencers risk being prosecuted if they promote financial products without due regard to …