Patchy Progress On Remittance Oversight Hampers De-Risking Fight
A two-speed approach to arrest the decline in correspondent banking relationships is emerging, an influential …
Correspondent Bank Decline Continues As Authorities Issue Inclusion Warning
The number of correspondent banking relationships around the world has dropped by nearly a quarter …
Navigating Maritime Sanctions Leaves Banks In Choppy Waters
Banks and other financial institutions are failing to grapple with the complex task of ensuring …
Central Banks Urged To Consider Direct Bank Access For E-Money Firms
Authorities worldwide should consider giving e-money firms access to central bank funds unlocking “enormous benefits …
CMA Waves Through Visa-Earthport Deal
UK authorities have announced that Visa’s forthcoming acquisition of payments company Earthport does not qualify …
Singapore And Canada Announce Landmark International Blockchain Payment
The central banks of Singapore and Canada have settled reciprocal payments using distributed ledger technology …
U.S. Federal Regulator Weighs Changes To Remittance Rule
Small banks and credit unions in the United States have been given cause for hope, …
China Warned Over Counter-Terrorism, Proliferation Financing Controls
China has come under heavy fire in its latest evaluation by the Financial Action Task …
Authorities Eye QR Code Reforms To Unlock Asian Payments Harmony
Connectivity between QR code payment systems is emerging as the chief conduit of payments integration …