article thumbnail

Crypto.com Gains Mastercard License to Launch Crypto Cards in Bahrain, GCC

Fintech News

The programme will leverage Crypto.com’s recently acquired Payment Service Provider license from the Central Bank of Bahrain. The collaboration will support the introduction of a new crypto-linked card programme, starting in Bahrain with plans to expand across the Gulf Cooperation Council (GCC) region.

Visa 119
article thumbnail

Kuwait Central Bank scales oversight over e-payment providers

The Paypers

The Central Bank of Kuwait (CBK) has released a circular reinforcing the regulatory framework for electronic payment service providers, electronic money institutions, and payment system operators.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

APAC Sees 23% Decline in Crypto Fraud

Fintech News

In Singapore, the central bank strengthened in 2024 the Payment Services Act (PSA), introducing more stringent requirements for crypto service providers relating to AML/CFT, user protection and financial stability on service providers.

APACS 89
article thumbnail

BIS CPMI Takes Further Steps to Promote ISO 20022 Harmonisation for Enhanced Cross-Border Payments

Fintech Finance

Third, the CPMI will continue to engage with payment system operators and payment service providers to encourage them to implement the harmonised data requirements by end-2027.

article thumbnail

RT2: A strategic transformation for UK payment providers

The Payments Association

Payment providers to strategically invest in ISO 20022 implementation, API integration, and service innovation to fully leverage RT2’s capabili The launch of RT2, the renewed Real Time Gross Settlement (RTGS) service, on 28 April 2025 marks a significant milestone for the UK’s payments infrastructure.

article thumbnail

BIS Sets Out Roadmap for ISO 20022 Implementation in Cross-Border Payments

Fintech News

Finally, the CPMI will continue engaging with payment system operators and payment service providers to encourage them to implement the harmonised data requirements by the end of 2027. To achieve this, the CPMI is supporting industry-led efforts, including the relaunch of the Instant Payments Plus (IP+) market practice group.

ISO 20022 117
article thumbnail

Kraken Solidifies EU Precense With MiCA Licence From Central Bank of Ireland

The Fintech Times

Kraken , the crypto tech platform, has achieved a new milestone in its European expansion as the firm announces it has been granted a licence under the European Union’s Markets in Crypto-Assets Regulation (MiCA) by the Central Bank of Ireland (CBI). ” Capitalising in Europe The euro now accounts for 17.5