Daily Dash: Merrill Lynch Fined $12m Over SARs Failures
Merrill Lynch has been fined $12m for AML compliance failures, and Cambodia’s central bank has …
UK Financial Services And Markets Bill Receives Royal Assent
At the end of last week, a UK landmark bill aimed at overhauling the country’s …
Third Time Lucky For US Payment Choice Act?
After two consecutive defeats in 2019 and 2021, a bipartisan group of lawmakers has re-introduced …
Nigerian Central Bank Governor Arrested After New President Takes Power
Nigeria’s central bank governor has been arrested and suspended from his position, following a presidential …
Daily Dash: Iberpay First To Get Request To Pay Certificate
Spain’s Iberpay has become the first clearing and settlement mechanism to obtain a SEPA Request-to-Pay …
Diebold Nixdorf's $2.7bn Restructuring Points To Trouble In Cash Land
Businesses that provide access to cash are struggling to compete amid digital disruption and higher …
Australia Looks To Protect Shrinking Cash Sector Through New Merger
The Australian Competition and Consumer Commission has granted authorisation for the proposed merger of Armaguard …
Daily Dash: US Agencies Issue Fintech Risk Assessment Guide
US federal regulators have unveiled their final guidance for managing risks associated with third parties, …
Norwegian Central Bank Concern Over Payment System Contingency
Contingency arrangements need to be strengthened so that the public can continue to pay securely …