Global
Global: US Federal Reserve Outlines Guidelines for Banks in Stablecoin Transactions
State banks within the U.S. Federal Reserve system seeking to partake in transactions involving dollar-backed tokens like stablecoins must secure written supervisory nonobjection ...
Global
Global: Russia to Expand Digital Rouble Testing from August 15, Central Bank Announces
Russia is set to commence consumer trials of its digital rouble on August 15, transitioning from an extensive testing phase with banks, as ...
Global
Global: Additional Banks Face Significant Fines for Unauthorized WhatsApp Usage
Wells Fargo and BNP Paribas are among the recent banks to incur multi-million dollar fines from US regulators due to employee engagement with ...
Global
Global: FCA Issues Warning on Loan Fee Fraud Amid Financial Strain
As financial pressures mount for UK citizens this summer, the Financial Conduct Authority (FCA) is alerting the public to be vigilant for signs ...
Global
Global: Visa UK Implements New Measures to Safeguard SMEs Against “Friendly Fraud”
Visa UK has unveiled a series of innovative measures designed to shield small businesses from the escalating rates of ‘friendly fraud,’ where cardholders ...
Global
Global: Siemens Collaborating with Austrian Authorities in Corruption Investigation
Siemens is engaged in cooperation with Austrian authorities in an ongoing investigation into potential corruption linked to contracts related to hospital construction. The ...
Global
Global: Block to Close European P2P Payments Brand Verse
Block has announced the closure of its P2P payments brand Verse within the EU, along with its BNPL platform Clearpay in Spain, France, ...
Global
Global: Norway Imposes Fine on Meta, Facebook’s Owner, for Privacy Violations
Meta Platforms, the owner of Facebook, will face a daily fine of 1 million crowns ($98,500) for privacy breaches, starting from August 14, ...
Global
Global: Coinbase Urges US Federal Judge to Dismiss SEC Lawsuit
Coinbase Global has requested a judge to dismiss the U.S. Securities and Exchange Commission’s (SEC) lawsuit, which accuses the world’s largest publicly traded ...
Global
Global: Mastercard Introduces CVC-Less Payments for Tokenised Cards in India
Mastercard has launched Cardholder Verification Code (CVC)-less online payments for debit and credit cardholders in India who have tokenised their cards on merchant ...