Fed Payments Modernization Moves Forward With E-invoice, Remittance Initiatives
The U.S. Federal Reserve and Business Payments Coalition (BPC) has announced plans to launch a …
Asian Payment Linkages Keep On Coming With Singapore And Malaysia
Singapore’s PayNow and Malaysia’s DuitNow will link up in 2022, the respective countries’ central banks …
ISO 20022 Is More Than A Compliance Issue, It Is An Opportunity
International messaging standard ISO 20022 is more than just a compliance issue. Its adoption could …
News In Brief - September 21, 2021
U.S. President Joe Biden has signed an executive order that imposes sanctions against Ethiopia.
UK Gives Red Light To Misleading Green Claims
The UK’s Competition and Markets Authority is warning “greenwashers” that they have until the end …
Lessons To Be Learnt From Malta's €5m Pilatus Bank Fine
The Financial Intelligence Analysis Unit (FIAU) of Malta has fined Pilatus Bank a record €4,975,500 …
SEC Went Ultra Vires, Say Ex-FinCEN Officials
Former Financial Crimes Enforcement Network (FinCEN) officials are urging the Supreme Court to rule that …
News In Brief - August 24, 2021
The U.S Department of the Treasury and the Monetary Authority of Singapore have finalised a …
U.S. Publishes SAR Stats For Money Services Businesses
Money transmitters in the U.S. have long been making suspicious activity reports (SARs), an activity …