Daily Dash: Monneo No More
Monneo, a UK payments institution, has entered administration, while the US Federal Trade Commission has …
Lack Of EU-Level Oversight Hinders AML Approach, McGuinness Says
European commissioner Mairead McGuinness has insisted that the EU’s latest financial crime package will deliver …
Fintech Groups Warn AML Changes Could Destroy Open Banking
Key fintech lobbyists have called on the EU’s political institutions to keep payment initiation service …
Week In Crypto: Another Exchange Files For Bankruptcy Following SEC Lawsuit
A major crypto exchange files for bankruptcy in the US, an Irish central banker vows …
Lithuania Fines Two More E-Money Firms
The Baltic country’s increasingly strict oversight of the payments industry has continued with more firms …
Singapore Proposes Broad Reform Of Payments Regulation
The Monetary Authority of Singapore has proposed new amendments to the Payment Services Regulations 2019 …
Daily Dash: Well, I'll Be Scammed!
New research has revealed that over half of consumers blame themselves for instant payment scams, …
US Treasury Highlights Payments Firms Struggle With De-Risking
The US Treasury’s first-ever de-risking strategy names payments firms among those most impacted by the …
UK’s FCA Wants To Restrict Cash Deposits At Post Office Branches
The Financial Conduct Authority (FCA) has announced a new series of measures that are designed …