In Lawsuit, Liquidated Bank Blames Mastercard For Its Demise
A Caribbean bank that provided offshore accounts has sued Mastercard for allegedly pushing it into …
European Retailers Call For Interchange Fee Overhaul
Europe’s top merchant lobby group has called on the European Commission to place caps on …
New Requirements for Exchange of VAT Relevant Payment Data
From January 1, 2024, new recordkeeping requirements with regard to certain cross-border payments will require all …
Study Recommends Commission Go Slow On Interchange
A landmark study has recommended that the European Commission stop short of major changes to …
EU Banks Pitch Policies For Anti-Money Laundering Overhaul
The scrapping of anti-money laundering directives in the EU in favour of regulations looks increasingly …
EU Court Advised To Fine Ireland And Romania For 4th AMLD Failings
The EU’s top court has been advised to impose millions of euros in fines on …
U.S. Lawmakers Targeting Financial Flows To Jam Illegal Trafficking
U.S. lawmakers have said that official efforts to combat trafficking of drugs, humans, wildlife and …
U.S. Lawmaker Launches Legislative Assault On INSTEX
A U.S. lawmaker has introduced a bill which would allow authorities to specifically target transactions …
Central Banks Told To Step Up On Cross-Border Payments
Central banks should play a bigger role in ensuring consumer access to digital payment systems …