Canada Targets Crypto, Prepaid And Money Transfer With AML Reforms
Canada has unveiled long-awaited reforms to its anti-money laundering (AML) regime, proposing new registration and …
India: RBI Introduces Transitory Measures on Semi-Closed Prepaid Payment Instruments
On November 21, 2016, the Reserve Bank of India (RBI) announced the introduction of measures …
Australia: RBA Consults on Dual-Network Cards and Mobile Wallet Technology
The Reserve Bank of Australia (RBA) has published a consultation paper on dual-network debit cards …
PCI SSC Standard to Include Protections for Mobile Payments Provisioning
On January 6, 2017 the PCI Security Standards Council (PCI SSC) announced that it was …
Prepaid Could Solve Internet Of Things Security Fears, Say Experts
From paying for eggs through a connected refrigerator to picking up a bottle of water …
Ride-Hailing Apps Undeterred By Prepaid KYC Issues
Ride-hailing services such as Lyft and Uber have changed the way people travel around the …
Prepaid Card Industry Opposed To Rewrite Of U.S. AML Laws
The chairman of the U.S. Senate Judiciary Committee is targeting reloadable prepaid and gift cards …
Expect More Changes To CFPB Prepaid Rule, Analysts Say
The U.S. Consumer Financial Protection Bureau’s (CFPB) decision to delay the introduction of new rules …
Pressure Builds On E-Money Sector As UK And EU Review Criminal Use
The UK’s Financial Conduct Authority is carrying out “diagnostic work” on money laundering and terrorist …