This October, all payment service providers operating in the EU became legally obliged to send and receive instant credit SEPA transfers (in euros) under the EU Instant Payments Regulation, while also offering a free Verification of Payee (VoP) service. What does the new legislation mean for consumers and PSPs?
One of Türkiye’s biggest fintech success stories has come to an abrupt halt, as the Central Bank of the Republic of Türkiye (CBRT) has permanently revoked the operating license of Papara, a local payment and electronic money service provider that once symbolized the rapid rise of fintech innovation in the country.
La implementación de Open Finance en Colombia representa un cambio profundo en la forma en que se manejan y comparten los datos financieros. Open Finance es importante para el ecosistema financiero colombiano, haciéndolo más abierto y centrado en el usuario.
In its final stage of integration into the Single Euro Payments Area (SEPA) payment scheme, Albania will officially launch SEPA euro payments on Oct. 7, 2025.
“Where others see risk, we see a need for a sophisticated, reliable, and highly secure payment infrastructure,” – says Jamie Domingo, CRO of Kushki, a payment technology company on a mission to connect Latin America with payments.
As major U.S. banks, including JPMorgan Chase and PNC, propose hefty fees for consumer data access, and the the US Consumer Financial Protection Bureau has not yet decided on the matter, Plaid agrees to pay an undisclosed fee amount to JPMorgan in an extension of their data access agreement.
Popular neobank Bunq disputes the decision of the Dutch regulator to fine the digital challenger for failures in its money laundering controls.
A Record-Breaking Gathering of Global Industry Leaders iFX EXPO International once again solidified its reputation as the leading B2B event for the online trading community. Bringing together key players from across the globe, the event broke attendance records with thousands of professionals representing over 110 countries, making this year’s edition the largest and most international […]
The international maritime regulator has established new rules to reduce greenhouse gas emissions from global shipping practices and agreed on the penalties for those missing the set objectives.
Thailand is strengthening measures to combat online crimes related to digital assets by passing new amendments to several national laws.
In the United Kingdom, the Financial Conduct Authority (FCA) plans to retire more than 100 pages of outdated guidance, withdraw hundreds of supervisory publications, and take other actions to reduce the burden on businesses and improve outcomes for consumers.
Previously used only by major global banks, advanced AI technology for professional archives is now available to small and mid-sized businesses through Smarsh AI Assistant.
With the new Administration, one of the largest and most economically developed countries in the world – the United States of America or simply the U.S. – has changed its stance on many global issues. Ecology is, unfortunately, one of them. Let’s take a closer look at the impact of the U.S. withdrawal from the […]
The National Bank of Ukraine cautioned local users from trusting Revolut with their funds as, without a proper license, the rights of consumers and the deposit guarantee system do not apply to the fintech’s customers in the country.
The United States Securities and Exchange Commission (SEC) is ending its investigation into the crypto unit of Robinhood, as the company announced on Monday, February 24.
In India, cryptocurrency traders may face significant tax penalties due to previously undisclosed profits under new amendments to the tax legislation of this South Asian country.
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