Revolut Scores Full EU Banking Licence
The British-headquartered fintech has been granted a full banking licence from the European Central Bank.
Update: U.S. Senator Offers Alternative To Bank-Like Stablecoin Regulation
In contrast to an interagency report that seeks to bring stablecoin issuers under bank-like regulations, …
Week In Brief - December 17, 2021
A short roundup of some of the week’s payments news you may have missed. This …
Almost 40 Percent Of E-Money Institutions Raise Money Laundering Red Flags, Transparency International Says
New analysis published by Transparency International says 38 percent of the UK’s electronic money institutions …
'Eyewatering And Staggering!' - NatWest Pay Big Price For Money Laundering Scandal
NatWest has been fined a staggering £264.8m following an anti-money laundering scandal; however, experts are …
EBA Begins To Set New Standards For Remote Onboarding
The European Banking Authority (EBA) has launched a new consultation to align standards in the …
Latvia Wants To Become Global Fintech Hub
The Baltic country is trying to attract fintech businesses through an open regulatory approach, but …
Update: India Not Proposing Cryptocurrency Ban
A new Cabinet note on the proposed cryptocurrency bill shows that India is planning to …
There Is Clarity To U.S. Crypto Regulation If You Look Closely
Crypto companies have been criticizing the U.S. for a lack of clarity in crypto regulation. …