Banxico Consults on the Implementation of Electronic Payment Scheme (CoDi)
The Bank of Mexico (Banxico) has published a consultation on the proposed implementation of the electronic …
ECB Publishes TIBER-EU White Team Guidance
On December 17, 2018, the European Central Bank (ECB) released its Threat Intelligence-based Ethical Red …
Major Banks Likely To Dominate U.S. Faster Payments System, Smaller Firms Warn
Smaller U.S. financial firms are concerned that an incoming federal faster payments system could end …
Revolut Handed Lithuania's Pioneering 'Specialised Bank' Licence
UK fintech Revolut has become the second firm to be granted Lithuania’s pioneering “specialised bank” …
UK: Government Publishes Notice on Personal Data Flows in No-Deal Brexit Scenario
On September 13, 2018, the Department for Digital, Culture, Media & Sport released a notice …
As Fed Weighs Faster Payments, Banks Stress Interoperability, Liquidity Management
As the Federal Reserve seeks industry input on establishing a faster payments infrastructure in the …
'Whack-A-Mule' Crime Fighting: UK Firms Told To Improve Transaction Reporting
Effectively confronting the use of money-mule accounts would deal a significant blow to money launderers, …
Commission Eyes Euro Reforms To Shift Power From United States
The European Commission sees an integrated eurozone payment system as a central pillar in its …
Act Now To Counter Rising Card-Not-Present Fraud, Experts Say
As merchants and issuers grapple with the rising levels of card-not-present fraud that come along …