E-Money Trailblazer Enters Administration After FCA Enforcement Action
E-money firm ipagoo has collapsed after being ordered by UK regulators to stop providing payment …
New CoP On The Beat: UK Sets New Deadline For Anti-Fraud Measure
The Payment Systems Regulator has ordered the UK’s largest banks to implement a name-check system …
When Crypto Becomes E-Money: FCA Updates Guidance After Industry Confusion
The Financial Conduct Authority (FCA) has issued a policy statement on crypto-assets, responding to industry …
Aussie Faster Payments Platform To Fine Sluggish Banks
Australia’s faster payments operator has responded to demands from the central bank to force members …
Brussels' Money Laundering Proposals Met With Scepticism
The European Commission’s plans to change EU anti-money laundering rules from directives into regulations will …
Federal U.S. Regulators Discourage De-Risking In Joint Statement
As bank de-risking continues to plague the worldwide financial system, U.S officials are encouraging regulated …
Authority Concerned Over Regulatory Arbitrage From PSD2 Flexibility
The EU’s top payments regulator has expressed concerns that national authorities place different conditions on …
UK Open Banking Watchdog Admits Gaps Over Refunds, Recurring Payments
The body responsible for open banking in the UK has responded to fintech complaints that …
No Damages For MSB Over Severed Bank Accounts, UK Court Rules
A foreign exchange and payment service provider has lost its bid to claim damages from …