Latest news

Search
clear
clear
Reset all filters

Latest Results from /regulation

Apple reaches deal with EC on NFC payments access

/regulation

Apple reaches deal with EC on NFC payments access

Apple has staved off massive European Commission fines by agreeing to open up the NFC chip technology that enables iPhone users to make contactless payments to third-party providers.

UK Economic Secretary Tulip Siddiq called on to reduce APP fraud reimbursement to £30k

/regulation

UK Economic Secretary Tulip Siddiq called on to reduce APP fraud reimbursement to £30k

This news comes a week after the UK payments group issued a plea to Chancellor Rachel Reeves to impose a 'Tech Levy' on social media giants to pay for the impact of payments fraud originating from their platforms.

Lithuania fines crypto firm EUR9.3m for Russia sanctions violations

/regulation

Lithuania fines crypto firm EUR9.3m for Russia sanctions violations

Lithuania has fined crypto outfit Payeer a record EUR9.3 million for Russia-related sanction violations and money laundering failures.

UBS under observation from pricing supervisor after acquiring Credit Suisse

/regulation

UBS under observation from pricing supervisor after acquiring Credit Suisse

Following UBS’s takeover of Credit Suisse earlier this year, Swiss consumer pricing supervisor has put the bank under observation amid competition concerns that could bring about higher loan charges.

UK Elections 2024: Labour's landslide victory

/regulation

UK Elections 2024: Labour's landslide victory

Keir Starmer’s Labour Party wins by majority in the UK general election that took place yesterday.

UK firms that list abroad should pay back state aid - UK Finance

/regulation

UK firms that list abroad should pay back state aid - UK Finance

Companies that decide to list outside the UK or move valuable operations from the country should be made to pay back tax-payer funded support they have previously taken, according to a UK Finance report.

UK payments group urges incoming Government to make Big Tech refund fraud victims

/regulation

UK payments group urges incoming Government to make Big Tech refund fraud victims

On the day that the United Kingdom heads to the polls to vote in the General Election, The Payments Association has issued a plea to the incoming Chancellor to impose a 'Tech Levy' on social media giants to pay for the impact of payments fraud originating from their platforms.

Crypto bank Silvergate pays $63m to settle regulator charges

/regulation

Crypto bank Silvergate pays $63m to settle regulator charges

The parent company of crypto-focused bank Silvergate has agreed to pay $63 million to settle US regulatory charges about its anti-money laundering programme and the losses sustained during the collapse of FTX.

ABC Projektai wins back banking licence

/regulation

ABC Projektai wins back banking licence

In a dramatic move, the Court of Justice of the European Union (CJEU) has ruled that ABC Projektai can regain their banking licence after it being revoked by the Bank of Lithuania.

US RegTech Norm Ai raises $27 million

/regulation

US RegTech Norm Ai raises $27 million

Norm Ai, a US RegTech that has built an AI platform for converting regulations into computer code, has raised $27 million in Series A funding from a host of financial institutions.

Digital euro would maintain freedom to choose how Europeans pay - ECB

/regulation

Digital euro would maintain freedom to choose how Europeans pay - ECB

With Europe inching towards the issuance of a digital euro, the ECB has embarked on a charm offensive, taking to media outlets across the continent to reassure citizens that the new payments option will compliment, not replace, cash and provide them with greater freedom of choice.

Central banks must raise game in face of AI - BIS

/regulation

Central banks must raise game in face of AI - BIS

Central banks should embrace artificial intelligence to sharpen their analytical tools in pursuit of financial and price stability, according to the Bank for International Settlements.

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