US: FRBB Report on Choosing a Mobile Wallet
On March 13, 2017 the Federal Reserve Bank of Boston (FRBB) published a paper called …
US: CFPB Consults on Proposed Updates to Prepaid Rule
On June 15, 2017 the Consumer Financial Protection Bureau (CFPB) announced a consultation on proposed …
Brazil: New Reporting Rules for Cash Withdrawals and Prepaid Cards
Banco Central do Brasil, the central bank of Brazil, has issued Circular No. 3.839/2017, which …
Chile: Central Bank Consults on New Prepaid Card Regulation
The Central Bank of Chile has published a new consultation document on the regulation on …
UAE: Abu Dhabi Global Market and Bahrain Economic Development Board Collaborate on Fintech
On January 8, 2018 the Abu Dhabi Global Market (ADGM) and the Bahrain Economic Development …
Pan-Asian Payment Report
As many countries in Asia are moving towards cashless societies, regulatory reforms in mobile payments, …
France: Decree Capping Prepaid Cards
Decree No. 2016-1742 of December 15, 2016 has been published to amend the Monetary and …
UK E-Money Firms Urged To Improve Financial Crime Controls
A UK-based consultancy specialising in financial crime has warned that many e-money firms “have areas …
Hong Kong: Government Publishes AML/CTF Risk Assessment Report
On April 30, 2018, the Financial Services and the Treasury Bureau (FSTB) published the Hong …