Regulation

News

March 10th 2022

Global economic sanctions hit the payments system in Russia

With Russia’s ongoing invasion of Ukraine territory, the major global powers mostly consisting...
January 27th 2022

PSR slaps £33 million fine on five companies for cartel behaviour

The UK Payment Systems Regulator has announced that it has concluded an investigation into two cartels...
October 27th 2021

Federal Reserve System and Business Payments Coalition team up to push B2B payments

The US Federal Reserve and the Business Payments Coalition (BPC) announced that 73 organizations...
September 20th 2021

Fed consults on risks associated with bank-fintech relationships

Fintechs have flocked into payments in recent years, either piggy-backing on a banking partner’s...
September 14th 2021

Airwallex expands to South East Asia by securing a licence in Malaysia

South Asian markets are increasingly becoming more competitive in nature
August 23rd 2021

Currencycloud and Lucinity team up on anti-money laundering

The potential for money laundering increases and poses a risk for businesses as well as companies...
August 23rd 2021

Federal Trade Commission sues Fleetcor for its dishonest practices

The Federal Trade Commission (FTC) has filed a complaint against the company Fleetcor and its CEO,...
July 19th 2021

India’s central bank takes supervisory action on Mastercard

India’s central bank, the Reserve Bank of India (RBI) has imposed restrictions on Mastercard from...
May 18th 2021

Central Bank of the UAE collaborates with SWIFT for cross-border payments

The Central Bank of the United Arab Emirates has been working with SWIFT.
March 8th 2021

Greensill files for bankruptcy

Leading supply chain finance provider Greensill has filed for creditor protection.