Devil Is In the Detail of European Commission's AML Ambitions
The European Commission’s plans to overhaul Europe’s anti-money laundering (AML) framework could lead to more effective …
Payment Firms See Little Suspicious Activity In Malta
Most payment service providers in Malta did not file any suspicious transaction reports to the country’s …
Wirecard's Fall Stokes Chaos For Fintechs
The fallout from the collapse of German payments giant Wirecard has engulfed the UK payment …
Wirecard's Demise Leaves Regulators Playing Catch Up
The UK financial watchdog has moved to lock down Wirecard’s handling of client funds amid …
Swedish Law on How to Market Payment Methods in E-Commerce
On April 3, 2020, the Swedish government published Act SFS 2020:176 concerning the presentation of …
News In Brief - June 22-June 23
Merchants renew their plea for an extension to the deadline on the EU rules on strong customer …
News In Brief - June 15-June 19
EU payments firms ask again for strong authentication deadline extension, auditors are unable to find …
Landmark Ruling Paves Way To Compensation For UK Merchants
A UK Supreme Court ruling that Mastercard and Visa’s historic interchange fees restricted competition looks …
Commission Backs EBA On Strong Authentication Delay
The European Commission has backed a decision by the EU’s top banking regulator to reject …