Denmark Moves In Line With EBA On Strong Authentication
Denmark will follow the European Banking Authority’s (EBA) recommendation of a 15-month transition period for …
Wirecard Secures China Licences With Local Buyout
German payment processor Wirecard has secured entry into China’s lucrative digital payments market by snapping …
Revolut Rollout Hits Regulator Snag Down Under
Australia’s financial services regulator has put the brakes on Revolut’s expansion in the country, ordering …
Industry Urges Lawmakers To Reconsider Anti-VAT Fraud Rules
European financial services firms have called on EU finance ministers to make sweeping changes to …
Pressure On PayPal Over Political Donations Could Spur New Laws
UK payment service providers could face new laws designed to combat illicit political donations after …
Authorities Failing To Supervise Remittances, Warn FATF And U.S. Officials
A senior Financial Action Task Force (FATF) official has said there are “persistent global weaknesses” …
Regulators Move Closer To Swedbank Fine In Money Laundering Probe
Financial regulators in Estonia and Sweden have launched an assessment of whether to impose a …
U.S. Official Plays Down De-Risking Fears As Pakistan Faces FATF Blacklist
A U.S. government official has played down the risk of Pakistan’s remittance sector being shut …
Zuckerberg: We Will Abandon Libra If U.S. Regulators Say No
Facebook chief Mark Zuckerberg told the U.S. Congress on Wednesday that the company would abandon …