UK Payment Firms To Stump Up For Dirty Money Fight
Payment and e-money firms will face a new “economic crime levy” under the UK government’s …
FATF Produces Digital Identity Guidance
The Financial Action Task Force (FATF) has issued guidance on the use of digital identity …
U.S. Lawmakers Targeting Financial Flows To Jam Illegal Trafficking
U.S. lawmakers have said that official efforts to combat trafficking of drugs, humans, wildlife and …
Australian Regulators Will Not Scrap Screen Scraping
Australian financial regulators have said they are not inclined to outlaw screen scraping when the …
OFAC Sanctions Two Connected To North Korean Crypto Theft
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has this week sanctioned two …
Payments Firm And U.S. Regulator Wage Court Battle Over Probe
A payments firm has asked a U.S. judge to thwart the Federal Trade Commission’s attempts …
U.S. Regulator Promises To Chase Foreign Payment Firms Aiding Fraudsters
Overseas payment providers that plead ignorance of scams perpetrated by their merchants will not get …
FCA Warns Of Repercussions 'Soon' If Strong Authentication Progress Stalls
The UK’s financial regulator will take enforcement action against firms that miss milestones for implementing …
More Breathing Room For UK Banks In Modified Anti-Fraud Rules
The UK’s Payment Systems Regulator is pushing ahead with plans to give banks more space …