Finextra

MARCH 6, 2024

Currencycloud, a Visa solution and the experts in simplifying business in a multi-currency world, has obtained an In-Principle Approval (IPA) for a Major Payment Institution (MPI) licence holder from the Monetary Authority of Singapore (MAS).

Authorization 64

Authorization Multi-Currency Payments Institute Payments 64

BioCatch

NOVEMBER 8, 2023

The Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority of Singapore (IMDA) have just announced a consultation for the Shared Responsibility Framework for Phishing Scams.

Authorization 52

Authorization Scams Phishing Consulting 52

The Fintech Times

APRIL 18, 2024

The Monetary Authority of Singapore (MAS) has committed S$35million to upskill and reskill specialists in sustainable finance and has joined forces with the Institute of Banking and Finance (IBF), supported by Workforce Singapore (WSG), to launch a new Sustainable Finance Jobs Transformation Map (JTM).

Authorization 57

Authorization Finance On-Demand Facilitators 57

Neopay

DECEMBER 18, 2023

Given the cross-border nature of financial crime, the new authority will boost the efficiency of the anti-money laundering and countering the financing of terrorism (AML/CFT) framework, by creating an integrated mechanism with national supervisors to ensure obliged entities comply with AML/CFT-related obligations in the financial sector.

Money Laundering 52

Money Laundering Authorization AML Agreements 52

The Paypers

OCTOBER 2, 2023

Digital currency platform Coinbase has obtained a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS).

Authorization 73

Authorization Digital Currency Payments Institute Payments 73

The Nilson Report

APRIL 5, 2024

The post Currencycloud Granted ‘In-Principle Approval’ for Major Payment Institution License by the Monetary Authority of Singapore appeared first on Nilson Report.

Payments Institute 52

Payments Institute Authorization Payments Posting 52

The Paypers

MAY 15, 2023

Representatives from the European Banking Authority have expressed their concerns over large stablecoins and their effect on public policy goals.

Stablecoins 68

Stablecoins Authorization 68

The Paypers

APRIL 17, 2023

The Digital Currency Monetary Authority (DCMA) has launched an international CDBC that complies with IMF-proposed crypto assets policy recommendations.

Digital Currency 66

Digital Currency Authorization 66

The Paypers

MARCH 8, 2024

The Dubai branch of digital assets institution Nexo has received initial approval from Dubai’s Virtual Assets Regulatory Authority (VARA).

Authorization 36

Authorization 36

Finextra

FEBRUARY 22, 2024

DKK Partners FZE, based in the Dubai World Trade Centre (DWTC), a subsidiary of DKK Partners, a leading FinTech company specialising in Emerging Markets (EM) and Foreign Exchange (FX) liquidity, has been granted Initial Approval by the Dubai Virtual Assets Regulatory Authority (VARA) to offer Virtual Asset Broker Dealer Services.

Authorization 53

Authorization Security FinTech 53

The Paypers

OCTOBER 5, 2023

Fintech solutions provider Tietoevry Banking has announced the launch of the Maldives instant payment system Favara by the Maldives Monetary Authority (MMA).

Authorization 45

Authorization Instant Payments FinTech Payments 45

The Fintech Times

MARCH 7, 2024

The Hong Kong Monetary Authority (HKMA) has begun ‘Project Ensemble’, a new wholesale central bank digital currency (wCBDC) project, to support the development of the tokenisation market in Hong Kong.

CBDC 67

CBDC Authorization Interbank Settlement Central Bank 67

The Paypers

JANUARY 12, 2023

The Prudential Regulation Authority (PRA), the regulatory arm of the Bank of England , has set out its priorities for 2023 in a letter to chief executives of institutions.

Authorization 68

Authorization Regulations 68

Fintech Finance

MARCH 6, 2024

Currencycloud , a Visa solution and the experts in simplifying business in a multi-currency world, has obtained an In-Principle Approval (IPA) for a Major Payment Institution (MPI) licence holder from the Monetary Authority of Singapore (MAS).

Authorization 52

Authorization Multi-Currency Cross-Border Payments Institute 52

The Paypers

MARCH 30, 2023

French authorities have conducted multiple raids on five major banks in the country as part of an investigation into possible fiscal fraud and money laundering, according to Finbold.

Authorization 69

Authorization Money Laundering 69

Finextra

DECEMBER 5, 2023

DigiFT, a digital assets exchange, is pleased to announce today that it has obtained a Capital Markets Services (CMS) licence and has been recognised as a Recognised Market Operator (RMO) by the Monetary Authority of Singapore (MAS).

Authorization 40

Authorization 40

PYMNTS

JUNE 10, 2020

EU authorities can fine companies for violations under the General Data Protection Regulation (GDPR). In a statement, authorities said they intend to coordinate investigations and potential actions over TikTok’s practices across the EU, Bloomberg reported. Authorities said there are concerns about potential misuse.

Privacy 101

Privacy Authorization Federal Trade Commission FTC 101

The Paypers

OCTOBER 4, 2023

US-based blockchain and crypto solutions company Ripple has been granted an MPI licence from the Monetary Authority of Singapore (MAS).

Authorization 48

Authorization Blockchain 48

Finextra

APRIL 30, 2024

First Answer Custody FZE, the Dubai entity of Liminal Custody Solutions, a leading provider of digital asset custody and wallet infrastructure solutions, has achieved a significant milestone.

Authorization 59

Authorization 59

The Paypers

OCTOBER 9, 2023

UK-based Komainu has successfully registered with the UK Financial Conduct Authority just before the regulator issued new crypto marketing rules.

Authorization 36

Authorization Rules Regulations 36

The Paypers

DECEMBER 14, 2023

The European Council and the Parliament have reached a provisional agreement on the establishment of a new European authority.

Agreements 36

Agreements Authorization AML 36

The Paypers

APRIL 5, 2023

Swiss authorities have started to investigate the planned USD 3.25 billion takeover of Credit Suisse by UBS, which would reportedly create one of the largest asset managers in Europe with EUR 1.5 trillion in assets under management, according to Funds Europe.

Authorization 36

Authorization 36

The Paypers

AUGUST 20, 2021

The Monetary Authority of Singapore (MAS) has announced it is planning to change how money moves across borders using Central Bank Digital Currencies (CBDC) inspired by Bitcoin.

Authorization 65

Authorization Bitcoin CBDC Central Bank 65

Payments Source

MAY 7, 2019

Payment acceptance and secure authorization software provider myPINpad is partnering with payments aggregator Clik in Southeast Asia to offer merchants PIN-based security on mobile devices.

Authorization 67

Authorization Mobile Payments Payments Security 67

PYMNTS

SEPTEMBER 5, 2019

A new API standard for the pre-authorization of funds is being rolled out by SWIFT, clearing a path for a revolution in financial services enabled by open banking, the company said in a press release on Thursday (Sept. The new pre-authorization standard is now available for developers of APIs to adopt and use.

SWIFT 72

SWIFT ISO 20022 Authorization API 72

Global Fintech & Digital Assets

MARCH 5, 2024

Regulator sets out its expectations for banks looking to provide digital asset custody services, and sell and distribute tokenised products.

Authorization 59

Authorization Product Due Diligence Procedures 59

PYMNTS

DECEMBER 29, 2020

According to Anadolu Agency , Turkey's state-run news agency, prosecutors issued the warrant after a joint probe by Turkish financial crime investigators and tax authorities into a reported $132 million money laundering scheme in Turkey, the AP reported. the Associated Press (AP) reported. Also this month, the U.S.

Authorization 67

Authorization Financial Crimes Money Laundering Email Compromise 67

PYMNTS

DECEMBER 14, 2018

In an effort to help authorized push payment (APP) fraud victims, The U.K.’s s Financial Conduct Authority (FCA) unveiled new rules on Friday (Dec. Authorized push payment fraud is a case when fraudsters encourage a victim to make money transfer authorizations with methods such as bogus text messages that claim to come from a bank.

Authorization 66

Authorization Regulations Scams Online and Mobile Banking 66

Payments Source

MARCH 11, 2021

Dick Durbin, D-Ill., went after Visa and Mastercard during an antitrust hearing Thursday in Washington, suggesting the card brands have likely been looking for a way to increase fees and offset previous legal or regulatory pressure on their pricing structures.

Authorization 158

Authorization Legal Visa Compliance 158

The Paypers

MAY 11, 2022

The European Banking Authority (EBA) has recently announced the publishing of its final draft of the regulatory technical standards regarding risk retention.

Authorization 53

Authorization Risk 53

The Paypers

SEPTEMBER 5, 2022

The German Finance Ministry has revealed its plans to create a new financial crime authority that would bring several fragmented competencies, including sanctions enforcement, under one roof.

Financial Crimes 36

Financial Crimes Crime Authorization Finance 36

The Paypers

JULY 28, 2021

The Bank for International Settlements Innovation Hub Singapore Centre and the Monetary Authority of Singapore (MAS) have published a proposed blueprint for enhancing global payments network connectivity.

Real Time Payments 58

Real Time Payments Authorization Settlement Payment Networks 58

The Paypers

OCTOBER 4, 2021

The Monetary Authority of Singapore (MAS) has announced that it will launch a data and information-sharing platform, Cosmic, to prevent money laundering, terrorism funding, and proliferation financing.

Authorization 52

Authorization Money Laundering Finance 52

Braintree

FEBRUARY 12, 2020

The payments industry is moving to an authorization model for refund processing. Refund authorizations introduce real-time decline responses to refunds. We recommend testing refund declines so that you can prepare for the upcoming launch of refund authorizations. Simulate a successful sale using an amount between $3001.00-4000.99

Authorization 52

Authorization API Payment APIs and Integration Processors 52

PYMNTS

JANUARY 13, 2020

The source said Amazon will report merchant and company name, as well as product and contact information, to authorities, but only after confirming that fake items are being sold, closing the seller’s account and giving them time to appeal. Now, the company will be much more vigilant.

Law Enforcement 56

Law Enforcement Authorization Product Laws 56

The Paypers

JULY 20, 2023

Russia ’s Federation Council has recently passed a bill that grants legal authority to the country’s central bank digital currency (CBDC).

CBDC 28

CBDC Legal Authorization Central Bank 28

PYMNTS

APRIL 16, 2019

The Italian Competition Authority (ICA) has launched an investigation into five separate Amazon outfits to determine whether the company is taking advantage of its position as the foremost logistical and eCommerce service, according to a report from Reuters. We are fully cooperating with the Authority,” Amazon told Reuters in an email.

Authorization 46

Authorization Federal Trade Commission FTC Blocks 46