ECB Mandates Instant Payments For Major Banks
The European Central Bank (ECB) is making membership of the TIPS instant payments system mandatory …
European Commission Proposes Pan-EU Digital ID
The European Commission has said it wants to create an EU-wide digital identity solution that …
Payments Firms In Limbo After EU Court Pierces Data Shield
Data transfers by payment service providers to countries outside the EU may need to be …
UK Financial Regulator Vows To Improve After Scathing Complaints Report
The Financial Conduct Authority has said it is enhancing its complaints regime after a stinging assessment …
Singaporean Regulator Invites Firms To Use Blockchain In Payments
Singapore’s financial regulator wants firms to begin commercial adoption of a blockchain payments system developed …
Hungarian Central Bank Says APIs Not Quite Ready
The Hungarian central bank (MNB) has said that improvements in the country’s payments infrastructure helped …
Central Banks Plan Smoothing Of Cross-Border Payments
The Bank for International Settlements (BIS) is launching a new initiative to coordinate global money …
Dubai: New Data Protection Law and Regulations
On June 1, 2020, the Vice President and Prime Minister of the United Arab Emirates …
Resolution On Stronger AML Rules Sails Through European Parliament
The European Parliament has overwhelmingly voted in favour of a resolution backing the introduction of …