04/30/2025
The UK's Treasury Committee has floated the idea of introducing legislation to force shops to accept cash in the future, warning that a lack of action from the Government to tackle declining cash acceptance could lead to a two-tier society with the m
04/29/2025
This comes amidst positive feedback from the inaugural launch.
04/29/2025
Meta was fined €200m by the Commission after the regulator considered a previous version of the company’s so-called ‘consent or pay’ model to be non-compliant with the DMA.
04/29/2025
The Financial Conduct Authority is to launch a live AI testing service to help firm deploy safe and responsible artifical intelligence models.
04/25/2025
Through this collaboration, the city can now accept crypto payments without requiring new legislation, making the process simpler and more efficient.
04/25/2025
Revolut has had issues with risk and compliance over the years.
04/17/2025
The rule applied to issuers worth more than a million open accounts unless they could prove high fees were needed to cover costs.
04/16/2025
It plans to resubmit later this year but is taking a two-step approach, first targeting a broker-dealer licence.
04/16/2025
The New York attorney general has sued DailyPay and MoneyLion, accusing the earned wage access providers of charging workers fees that amount to interest rates of up to 750%.
04/14/2025
According to the DoJ, it ran out of funds and was forced to sell its assets in early 2023, leaving investors with "near total" losses.
04/10/2025
Online services in scope of the Online Safety Act were required to have completed their Illegal Content Risk Assessment and Children’s Access Assessment by March 2025
04/09/2025
Customer data that could have been compromised
04/08/2025
PSPs offering SEPA credit transfers in Europe must implement a name and account matching service by 9 October 2025.
04/07/2025
Regulator commends OKCoin for 'proactive approach' in remedying issues
04/04/2025
It also promises to fortify public protection against fraud and money laundering, aligning with international practices to maintain Hong Kong’s stature as a leading international financial center.
04/04/2025
The firm’s report found that banks are spending 70% of their budgets on maintaining these legacy systems, often employing a costly ‘path and upgrade’ strategy to their systems.
04/02/2025
The Virtual Asset Service Providers (VASP) regime has been commenced in phases, to bring into effect global regulatory standards and prudential measures
04/01/2025
The proposal also includes requirements for firms to update their disclosure materials to reflect these new protection limits, with a transitional period extending until 31st May 2026, to ensure compliance.
04/01/2025
With Backbase offering the banking and integration platform and Salt Edge providing a state-of-the-art open banking compliance solution
03/28/2025
HashKey and Bosera are launching tokenized money market ETFs in Hong Kong, offering blockchain-based access to stable cash management.