Users Need Clearer KYC Guidance, Says Bank of Lithuania
Payment service providers (PSPs) are to be required to provide consumers with better guidance on …
Fraud The Culprit For Higher Interchange Fees, Say Mastercard And Visa
The international card schemes have responded to the UK Treasury Select Committee’s investigation into recent …
FDIC Accuses Five Crypto Companies Of Misleading Customers About Deposit Insurance
Five crypto companies with operations in the US, including major exchange FTX, have been accused …
End Misleading BNPL Ads, FCA Warns
Although buy now, pay later (BNPL) products may escape regulation, the Financial Conduct Authority (FCA) …
US Senator Accuses Regulator Of Pressuring Banks To Avoid Crypto Companies
A US senator has alleged that a federal regulator is using Obama-era scare tactics to …
Daily Dash: India Consults On Payments Systems
India’s central bank has released a new discussion paper on payment fees, while a New …
Truss Outlines Payments Policy Plans In Battle For No. 10
Liz Truss, the Conservative frontrunner to be the UK’s next Prime Minister, has eyed up …
US Banks Offering Crypto Must Inform Fed
According to a supervisory letter, US banks should notify the Federal Reserve before they engage …
Daily Dash: Irish Mobile Payments Venture Hires New Chair
An Irish interbank mobile payments app has hired a new board chair as it gears …