Fraudsters Find New Ways To Exploit U.S. Chip Card Confusion
As the U.S. continues to grapple with the shift from card swiping to chip and …
European Working Groups Seek Clarity On Mobile Instant Payments
A new industry group is working to establish a set of use cases for mobile-initiated …
Russia: Central Bank Consults on Development of Regtech and Suptech in Financial Market
On October 16, 2018 the Central Bank of Russia (CBR) launched a consultation on the …
Cryptocurrencies A No-Go For U.S. Gambling Regulators
U.S. gambling regulators remain reluctant to embrace cryptocurrency as a means of payment, due to …
Pakistan: State Bank Consults on Draft Regulations for Non-Banking Entities
On October 8, 2018, the State Bank of Pakistan (SBP) launched a consultation seeking public …
Federal Reserve Proposes New U.S. Faster Payments System
Authorities in the U.S. have proposed the construction of a new national faster payments system, …
Experts Caution Against ECB Calls For Instant Payments
An official from the European Central Bank (ECB) has urged Europe to accelerate its progress …
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” …
US: Federal Reserve Consults on Measures to Streamline Real-Time Interbank Settlement of Faster Payments
On October 3, 2018, the Federal Reserve launched a public consultation aimed at obtaining feedback …