Banking
SC Ventures and SBI Holdings to jointly launch digital asset investment firm in UAE
Joint Venture Establishment:SC Ventures and SBI Holdings plan to create a digital assets investment firm in the UAE.Collaboration with Dubai International...
Banking
European regulators agree on new rules for SEPA instant payments
Instant Payments Expansion:European governing bodies agree on new rules to increase the availability of instant payments.
Banks and payment service providers offering...
Banking
Block’s Cash App withdraws bid for Irish virtual asset licence
Cash App withdraws VASP license application in Ireland.
The peer-to-peer platform sought a license from Ireland’s central bank for virtual asset and cryptocurrency...
Banking
CFPB targets US fintech firms with proposals for increased regulatory scope
The Consumer Financial Protection Bureau (CFPB) aims to subject large tech firms and neobanks to supervisory examinations similar to traditional banks.
Proposed regulations...
Banking
European regulators agree on new rules for SEPA instant payments
New Rules for Instant Payments in EuropeEuropean Council and Parliament agree on rules for instant payments.
Banks and PSPs offering standard euro...
Banking
Regtech Qomply hires former FCA regulator as director of transaction reporting
Qomply, a UK-based regtech firm, has hired Sophia Fulugunya as its new Director of Transaction Reporting.
Sophia Fulugunya previously worked at the Financial...
Banking
The US Federal Reserve proposes new single cap on interchange fees
The US Federal Reserve proposes a new cap on debit card interchange fees for transactions.
The proposal aims to assess whether interchange fees...
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