Credit: Flying object / Shutterstock The Netherlands gambling regulator, the Kansspelautoriteit (KSA), is continuing to find cases of betting operators failing to comply with the country’s KYC regulations. Research conducted by the…
Tag: firms
FCA urges fairer treatment of politicians by financial firms
Editorial credit: Andrii Yalanskyi / Shutterstock.com The Financial Conduct Authority (FCA) has called for changes to how financial firms treat parliamentarians, senior public servants, and their families, urging greater fairness and transparency….
Chargeback Gurus’ Tim Tynan: Firms are realising the big problem chargebacks pose
Editorial credit: Panchenko Vladimir / Shutterstock.com Chargebacks have become a significant concern in the digital payments industry, posing financial and operational challenges for merchants. In response, Mastercard is set to release the…
Australia govt pushes to cover BNPL firms under credit regulations
Credit: hyotographics / Shutterstock Australia is making yet another move in the regulatory realm of payments with new rules published around buy now, pay later (BNPL) services. The government of Prime Minister…
CFPB classes BNPL firms in same bracket as credit providers
Credit: EQRoy / Shutterstock Buy now, pay later (BNPL) providers in the US will be subject to new requirements introduced by the Consumer Financial Protection Bureau (CFPB). A review of the US…
ECB enlists several firms to test DLT using central bank money
credit: Shutterstock The European Central Bank (ECB) has invited several companies to create use cases for the transaction process of central bank money on distributed ledger technology (DLT). The ECB has invited…
Coincover: Why crypto firms must prioritise security in 2024
credit: Shutterstock The total cryptocurrency stolen by attackers shrunk in 2023, but do the stats tell the full tale? Morgan Williams, Product Lead at blockchain protection firm Coincover, explains why crypto providers…
Jumio: Fighting AI with AI — how AI is helping financial firms protect payments
Artificial Intelligence (AI) may be nothing new to the payments industry, but it is becoming a hot topic with global policymakers as its potential is still vast and unknown. Payment companies will…
Dutch betting firms warned to uphold AML requirements by market regulator
Dutch licensed betting operators have received updated guidelines from the country’s gambling regulator, the Kansspelautoriteit (KSA), concerning money laundering and terrorist financing. Based on the regulator’s research, consumer feedback and suggestions or…
Three money wiring firms fined by the FCA over competition breaches in Glasgow
Shutterstock Three remittances firms have been fined by the Financial Conduct Authority (FCA) over unfair competition practices. The companies named are Dollar East Ltd., Hafiz Bros Travel & Money Transfer Limited, and…