Tag: Regulation
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...
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...
Klarna to establish UK holding company in preparation for billion-dollar IPO
Klarna, the Buy Now, Pay Later (BNPL) giant, plans to establish a new holding company in the UK for its upcoming IPO.
CEO...
Regulators of UK, Singapore, Switzerland and Japan launch collaborative effort to explore digital asset use cases
Policymakers from Singapore, the UK, Japan, and Switzerland collaborate on digital assets.
The Monetary Authority of Singapore (MAS) leads Project Guardian with support...
JP Morgan Payments taps Trulioo for personal and business ID verification
JP Morgan Payments selects Trulioo for ID verification:JP Morgan Payments partners with Trulioo for identity verification services.Impressive payment processing:JP Morgan processes over...
French paytech Worldline’s shares tumble after company revises guidance
Worldline, a Paris-listed payments company, saw its shares plummet by nearly 60% after revising its revenue expectations for 2023 in its Q3 earnings...