US Agency Tells Consumers To Move Funds From Digital Wallets To Banks
The US Consumer Financial Protection Bureau has warned that funds held on peer-to-peer (P2P) apps …
Hungarian Banks Play Down ChatGPT Risk But Bemoan Bigtech Advantage
At a recent conference in Budapest, Hungarian banks claimed they are not worried that generative …
Marqeta Backtracks On APAC Shutdown, But Confirms Office Closures
An executive at payment processor Marqeta has backtracked on his announcement that the company has …
India's Central Bank Hints At 'Lightweight' Payment System For Use In Catastrophic Outages
The Reserve Bank of India has revealed that it is working on a new “lightweight” …
What Meta's Historic GDPR Case Could Mean For Payments
Irish authorities have imposed a record $1.2bn fine on Meta for illegally transferring Europeans’ data …
Australia's Woolworths To Accept Instant Payments In 'Game-Changing' Move
Australia’s largest supermarket chain is set to offer an instant payments service that will allow …
Is Strong Customer Authentication Coming To The United States?
As strong customer authentication (SCA) has become widely adopted in Europe and more countries are …
Colombia Mandates Open Data In Ambitious National Development Plan
Colombia’s fintech industry is celebrating the passage of Gustavo Petro’s $250bn development plan, which includes …
PSR Cuts Fees For Small Firms As Card Giants Escape 'Special' Fee, For Now
Smaller firms will no longer be required to pay regulatory fees under £100 as part …