All posts tagged "Payments"
-
156Fintech / RegtechMAS Orders Wirecard Entities to Cease Singapore Payment Services
Wirecard has informed MAS that it is unable to continue providing payment processing services to a significant number of merchants.
October 1, 2020 -
438Fintech / RegtechPayNow Banks Raise Default Limit for Ad-hoc Transactions
Customers can enjoy the convenience of making higher value transfers without adding the recipient as a payee, ABS said in a statement.
September 29, 2020 -
610Fintech / RegtechHKMA Selects ConsenSys to Lead Next Phase of CBDC Project
Project Inthanon-LionRock studied the application of a CBDC for cross-border payments. ConsenSys will lead implementation of the project's next phase.
September 28, 2020 -
1.8KEuropeEU Unveils Digital Finance Strategy, Crypto-asset Framework
The package consists of a digital finance strategy, a retail payments strategy, and legislative proposals for regulating the crypto-asset sector.
September 28, 2020 -
365ChinaPBOC Issues New Measures on Financial Consumer Protection
From 1 November, banks and payment institutions that try to restrict consumers from choosing financial products and services offered by other institutions can be penalised.
September 22, 2020 -
1.3KAML / KYCSWIFT Announces Enhancements in Payments, Securities Processing
The enhancements will be made available through a next-generation digital platform that will "fundamentally transform" payments and securities processing, SWIFT says.
September 17, 2020 -
1.2KAML / KYCFATF Details Virtual Asset Red Flags for Detecting Criminal Activity
This report will help VASPs, FIs, DNFBPs, and other reporting entities detect and report suspicious transactions, and national authorities detect criminal activity.
September 15, 2020 -
1.1KAsia-PacificBSP Launches Digital Payment Platform for Retail Transactions
The New Order of Payment System, or NOPS, is a secure web-based system that offering various channels through which payments can be made to the BSP.
September 15, 2020 -
1.2KAML / KYCJapanese Police Probe Thefts from NTT Docomo E-money Service
NTT Docomo reportedly did not notify many of its partner banks after similar thefts last year, a warning which may have allowed them to bolster authentication protocols.
September 11, 2020 -
1.0KAML / KYCEBA Calls for Harmonised AML/CFT Framework Across EU
Responding to a European Commission call for advice, the EBA says it recommends the establishment of a single rulebook to harmonise the AML/CFT framework across the EU.
September 11, 2020
