EBA Helps Third-Party Providers Clear Open Banking Obstacles
The European Banking Authority (EBA) has provided long-awaited clarity on how banks should provide account …
Hong Kong: Guidance for Authorised Institutions on Risk Management of E-Banking Activities
On October 24, 2019, the Hong Kong Monetary Authority published version three of its Supervisory Policy …
UK's Dream Brexit Deal Would Be Boon For Payment Providers
The UK’s proposal for a trade deal with the EU would allow payment firms to …
Regulatory News Updates - May 27-May 28, 2020
Lithuania blockchain sandbox is set to go live in the fourth quarter of 2020.
Pressure Mounts On Aggregators With Plaid U.S. Lawsuit
After a group of U.S. lawmakers earlier this year called for an official investigation of …
Sri Lanka: Developing an Open Banking Framework
On March 2, 2020, the Central Bank of Sri Lanka (CBSL) launched a consultation on …
UK Payments Regulator To Announce Revamped Powers Next Week
The Payment Systems Regulator will publish revised Powers and Procedures Guidance next week, almost without any …
Payment Firms Look To AI For Help With Fraud Detection
Financial institutions have had to accelerate their adoption of more innovative techniques to combat financial …
Malta: Application Process for Virtual Financial Asset Service Providers
On January 14, 2020, the Malta Financial Services Authority (MFSA) issued a circular regarding the …