Instant Payments Mandate Could Speed Up Adoption, But Comes At A Cost
The European Commission is expected to unveil new instant payments regulation this autumn, including mandating …
Awareness And Trust Lacking In Digital Payments, Says PSR Panel
The UK’s Payment Systems Regulator (PSR) has said that it wants to improve awareness of …
Here We Go Again! Commission Launches PSD2 Consultation
Brussels has finally launched its much-anticipated review of the revised Payment Services Directive (PSD2), as …
NatWest Mistakenly Charges Debit Card Transactions Twice
In a glitch, the UK’s NatWest has charged its customers twice when they made debit …
US Issues New Sanctions Targeting Sberbank, Gazprombank, MIB
The US has issued new sanctions against designated individuals and entities deemed “critical” to Russia’s …
Swiss Drag Out Bank Secrecy Law Change Amid Growing International Pressure
A Swiss parliamentary committee has voted against changing the country’s notorious bank secrecy provisions, despite …
Bank Of America To Pay $10m For Unlawfully Freezing Funds
In yet another enforcement action, the Consumer Financial Protection Bureau has ordered Bank of America …
EU Proposes Sixth Russian Sanctions Package, Targets Oil And Sberbank
European Commission president Ursula von der Leyen has presented the EU’s sixth package of sanctions …
Grab On Track For Digital Banking Licence In Malaysia
Grab Holdings and Singaporean telco Singtel have announced that their digital bank joint venture, GXS …