UK: PSR Consults on General Directions for Implementation of Confirmation of Payee
On November 23, 2018, the Payment Systems Regulator (PSR) published a consultation paper on general …
Singapore: MAS Finalises New Payment Services Bill
On November 19, 2018, the Monetary Authority of Singapore (MAS) announced that it has finalised …
Industry Buoyant Over U.S. Gambling Market Despite Wire Act Muddle
Payment providers in the United States have “tremendous confidence” that facilitating transactions linked to sports …
EU Regulators Call For United Front In Face Of Global Competition
EU authorities have expressed concern that the bloc’s instant payment rails are being used to …
Singapore And Canada Announce Landmark International Blockchain Payment
The central banks of Singapore and Canada have settled reciprocal payments using distributed ledger technology …
UK: Government Consults on the Role of Cash and Digital Payments in the New Economy
On March 13, 2018, HM Treasury published a consultation paper on cash and digital payments …
Sweden: Parliament to Set Up Committee to Examine the State's Role in the Payment Market
On April 29, 2019, the Swedish parliament published a petition received by the Swedish central …
Justice Department Brief Offers Little Comfort To Payment Processors In Wire Act Case
Payment processors for U.S. lotteries must stay in “wait and see” mode after a recent …
Industry Backs UK Strategy For Cybersecurity Intelligence Sharing
Industry experts have welcomed moves by the UK’s intelligence and security agency GCHQ to share …