EBA's Latest Q&As Offer Increased Clarity On PSD2 Implementation
The European Banking Authority (EBA) has published three new Q&As covering transaction risk analysis, inactivity …
Fair Value Emerges As Key Consumer Duty Challenge For UK Firms
Assessing fair value has been a difficult task for payments and e-money firms operating in …
Financial Institutions In Latvia Benefit From Streamlined AML Rules
Latvijas Banka, the Central Bank of Latvia, has issued new regulatory rules in a bid …
Bank Of Lithuania Revokes Kevin Licence Following Bankruptcy Proceedings
Kevin EU lost its payments licence earlier this week, when the Lithuanian central bank found …
UK Regulator Unveils Long-Awaited Safeguarding Proposals For Payments, E-Money Firms
The Financial Conduct Authority has unveiled its much anticipated safeguarding proposals aimed at enhancing customer protections …
Singapore Orders Qoo10 To Suspend Payment Services Over Merchant Delays
The Monetary Authority of Singapore has directed e-commerce platform Qoo10 Pte Ltd to suspend its …
German Authorities Shut Down 47 Crypto Exchanges Used For Criminal Activity
In a major crypto crackdown, the Frankfurt Public Prosecutor’s Office and the Federal Criminal Police Office …
Maltese Regulator Takes Action Against E-Money Firm For Governance Failings
The Malta Financial Services Authority has issued a significant directive to Em@ney PLC, instructing the …
Digital Wallets Harm Consumers By Easing Pain Of Paying, UK Body Warns
The rapid rise of digital wallets, while offering convenience to millions, is posing significant risks …