Central Banks Paint Bleak Picture Of Cryptocurrency Use In Payments
Current usage of cryptocurrencies in the formal payments sector is negligible and their prospects for …
Card Costs To Rise Under No-Deal Brexit, UK Warns, As Preparations Ramp Up
The UK government has reiterated that card payments and euro transfers could become more expensive …
European Outlook 2019: Regulatory Trends And Industry Issues
Thanks to a barrage of regulatory reforms brought in over the past year, 2019 is …
Brussels Unveils Final Cross-Border Payment Reforms
Authorities in Brussels have published the final text of new rules on cross-border payments and …
European Lawmakers Strike Deal On Cross-Border Payment Reforms
The European Commission, Council and Parliament have reached a provisional agreement on controversial transparency rules …
Global Money Laundering Task Force Defends UK Evaluation After Campaigners' Fury
The Financial Action Task Force (FATF) has defended its report on the UK’s anti-money laundering …
FATF Unveils UK Crime Review, Calls For Tighter Correspondent Banking Controls
The Financial Action Task Force (FATF) has called on the UK to tighten its controls …
Commission Eyes Euro Reforms To Shift Power From United States
The European Commission sees an integrated eurozone payment system as a central pillar in its …
Visa And Mastercard To Cut Interchange Fees As EU Antitrust Case Nears Conclusion
The European Commission is seeking feedback on proposals by Visa and Mastercard to drop their …