Latest news

Search
clear
clear
Reset all filters

Latest Results from /regulation

EBA Clearing launches Sepa-wide Verification of Payee

/regulation

EBA Clearing launches Sepa-wide Verification of Payee

EBA Clearing has launched a Sepa-wide Verification of Payee (VOP) service to help PSPs in Europe meet Instant Payment Regulation requirements.

AML firm Themis raises £7.25m

/regulation

AML firm Themis raises £7.25m

Financial crime prevention platform Themis has raised £7.25 million in scale-up funding.

Klarna fined $50 million over AML violations

/regulation

Klarna fined $50 million over AML violations

Klarna has been fined Skr500 million ($50 million) by Sweden’s Financial Supervisory Authority, for anti-money laundering defects.

ThetaRay partners Microsoft for GenAI financial crime detection suite

/regulation

ThetaRay partners Microsoft for GenAI financial crime detection suite

ThetaRay has integrated with Microsoft Azure OpenAI Service to develop a GenAI financial crime detection suite.

FS sector calls for 'thorough assessment' of Financial Data Access regulation

/regulation

FS sector calls for 'thorough assessment' of Financial Data Access regulation

As Europe moves closer to boosting open finance through the rollout of Financial Data Access (FIDA) legislation, a host of associations have called for a "thorough assessment" of its impact to avoid damaging the sector's competitiveness.

Google files lawsuit over CFPB supervisory order

/regulation

Google files lawsuit over CFPB supervisory order

Google is prepared to take the US Consumer Financial Protection Bureau to court over plans to establish supervisory authority over Google Payment Corp.

Revolut applies for banking licence in New Zealand

/regulation

Revolut applies for banking licence in New Zealand

Revolut has applied to become a registered bank in New Zealand.

Trump taps ex-PayPal COO Sacks as crypto and AI czar

/regulation

Trump taps ex-PayPal COO Sacks as crypto and AI czar

Donald Trump says he is appointing former PayPal chief operating officer David Sacks as "White House AI and Crypto Czar".

Why sustainable finance needs more consistent policies

/regulation

Why sustainable finance needs more consistent policies

Following the 2022 Biodiversity Conference of Parties, the world has been trying to follow the ambitious Global Biodiversity Framework agreement. Recently, they reconvened for the COP16 event in Cali where the focus was on further agreements, resources and plans to ensure the GBF’s success by 2030. At the event, there were some successes and some pitfalls.

US explores feasibility of settlement network for multi-asset transactions

/regulation

US explores feasibility of settlement network for multi-asset transactions

The proof-of-concept of what has been dubbed the Regulated Settlement Network (RSN) showcased the potential of shared ledger technology to upgrade multi-asset and cross-network transaction settlement for domestic users of US dollars and regulated securities.

Latvia offers fast-track pre-approval for MiCA compliance

/regulation

Latvia offers fast-track pre-approval for MiCA compliance

The central bank of Latvia is bolsterings its credentials as a fintech innovation hub by launching free pre-licencing consultations for crypto-asset service providers looking to pursue the EU MiCA licence.

MEP amendments to PSR APP fraud liability regime 'undermine effective fraud prevention'

/regulation

MEP amendments to PSR APP fraud liability regime 'undermine effective fraud prevention'

Copenhagen Economics and the Computer & Communications Industry Association (CCIA Europe) have revealed flaws in the European Parliament’s unprecedented extension of liability beyond payments services providers (PSPs) to online platforms and electronic communication service providers, such as telecom operators, who would also have to refund victims of impersonation fraud.

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept