‘Convenient For Criminals’ — TD Bank Pleads Guilty In Record-Breaking US AML Case
US prosecutors have reached a historic resolution with TD Bank, the first bank in US …
US Treasury Calls For Modernised Domestic Payments Regulation
Nellie Liang, under secretary for domestic finance at the US Treasury, has called for a …
Nearly Half Of Payment Firms Not Compliant With Consumer Duty, FCA Reveals
The UK’s Financial Conduct Authority (FCA) has published findings from its review of 23 payments …
Capital Requirement, Regulatory Scrutiny Overshadow Lithuania's Booming Payments Sector
Despite continued strong growth in Lithuania’s e-money and payment institutions sector, concerns over equity capital …
FCA Sets New Expectations On APP Fraud Reimbursement
The UK Financial Conduct Authority (FCA) has circulated a Dear CEO letter outlining what it …
US Senator Seeks To Abolish Suspicious Activity Reporting Rules
A US senator has introduced a new bill that seeks to abolish current legislation on …
Poland Withdraws Payment Institution Licence
The Polish Financial Supervision Authority (KNF) has withdrawn Conotoxia’s authorisation to operate as a domestic …
Why Liechtenstein Is Primed To Be A MiCA Magnet
An already established crypto framework and unique access to the EU and Swiss markets puts …
Concerns Remain As £85,000 UK Reimbursement Cap Takes Effect
Despite a last-minute reduction in the cap, UK payment service providers are worried that the …