Mixed Results For SCA Compliance
Despite progress, various parts of the payments ecosystem in continental Europe have yet to implement …
FCA Chair Comes For Kim Kardashian
The chairperson of the UK’s Financial Conduct Authority (FCA) has criticised the financial promotion of …
U.S. Charges Four Over $150m Payment-Processing Scam
The U.S. Department of Justice has charged four people in Massachusetts with conspiring to deceive …
Swift Action And Preparation Are Keys To Catching Crypto Hackers
Crypto hackers can move digital assets quickly and anonymously, but a recent Bitcoin hack shows …
Dutch Data Protection Authority OKs Data Sharing For FIs
The Dutch Data Protection Authority has granted more than 160 financial institutions licences to register …
U.S. Publishes SAR Stats For Money Services Businesses
Money transmitters in the U.S. have long been making suspicious activity reports (SARs), an activity …
News In Brief - August 19, 2021
U.S. banks warn that a federal cybersecurity reporting bill may clash with existing rules that …
Obfuscation About Data Loss Costs Pearson $1m
UK educational publisher Pearson failed to maintain disclosure controls and misled investors about a data …
SEC Punishes DeFi Company And Crypto-Exchange
The U.S. Securities and Exchange Commission (SEC) has closed its first-ever case against a decentralized finance …