Prepaid, Mobile In Sights Of Canada's Counter-Terrorism Hawks
Canada’s financial intelligence unit has foreshadowed hawkish scrutiny of alternative payment methods, prepaid cards and …
Gibraltar Takes Enforcement Action Against E-Money Firm
A Gibraltar e-money firm has been fined by the country’s financial authority for anti-money laundering …
India: Insight: Payment Systems Overview
This practical guide discusses the evolution of payment systems in India, the commonly used payment …
Trinidad and Tobago: Central Bank Consults on Draft Policy on E-Money Issuance
In November 2018, the Central Bank of Trinidad and Tobago launched a public consultation seeking …
Belgium: Central Bank Publishes Report on Impact of Fintech and Digitalisation on Banking Sector
On November 22, 2018, the National Bank of Belgium (NBB) published a report on the …
Guatemala: FATF Releases Third Enhanced Follow-Up Report – October 2018
On November 9, 2018, the Financial Action Task Force (FATF) released the third enhanced follow-up …
Remittances, Prepaid And Crypto Funding Terrorist Groups, FATF Warns
Terrorist organisations are becoming increasingly dependent on fund transfers, including through remittance providers and via …
Authorities Reveal Rise In U.S. Payment Fraud, Issue Warning Over Prepaid
Fraudulent non-cash payments surged by more than $2.2bn in the U.S. between 2012 and 2015, …
E-Money Firms 'Generally Effective' At Fighting Financial Crime, Says FCA
A long-awaited review of the UK’s e-money sector has found firms generally have “reasonably effective” …