SCA Significantly Reduces Payment Fraud, EU Report Finds
Strong customer authentication (SCA) is combating payment fraud effectively in the European Economic Area, the …
Daily Dash: Four UK Banks Breached Competition Rules, Says Regulator
The UK’s Competition and Markets Authority has sanctioned four UK banks for misleading customers, while …
EU Imposes Sanctions Over West Bank Abuses
European leaders have approved new restrictive measures against five persons and three entities under the …
Lithuanian Authorities Impose Record €9.3m Fine On Crypto Operator
The Financial Crimes Investigation Service has fined Lithuanian-registered company Payeer more than €9.3m for violations …
New Singapore AML Bill To Assist Law Enforcement In Transnational Cases
Singapore’s Ministry of Home Affairs has introduced new legislation that aims to help local law enforcement …
India Links Up With ASEAN On Instant Cross-Border Payments Platform
India has become the first non-ASEAN country to join the latest phase of Project Nexus, …
Wholesale CBDC Issuance Set To Accelerate In Coming Years, Says BIS
Over the next six years, central banks are more likely to issue wholesale central bank …
Regulatory Influencer: US Consumer Financial Protection Bureau Makes Progress on Open Banking
On June 5, 2024, the Consumer Financial Protection Bureau (CFPB) issued a final rule establishing minimum …
Regulatory Influencer: US Consumer Financial Protection Bureau Makes Progress on Open Banking
On June 5, 2024, the Consumer Financial Protection Bureau (CFPB) issued a final rule establishing minimum …