Global
Global: Britain to replace GDPR data privacy regime with own system
Britain will replace the European Union’s data privacy regime known as the General Data Protection Regulation (GDPR) with its own system, culture secretary ...
Global
Global: MoneyGram Powers Remittances for UAE’s Jingle Pay App
Money transfer service businesses MoneyGram International and Jingle Payannounced a partnership Tuesday (Oct. 4) to enable global money transfers through the Jingle Pay ...
Global
Global: Fed Tightens Rules on Card-Not-Present Debit Transactions
The Federal Reserve’s Board of Governors said Monday (Oct, 3) that it was officially ending so-called network exclusivity and would instead require all ...
Global
Global: SWIFT Plots Real-Time Role for Next 50 Years of Cross-Border Payments
Any business that has ever tried to receive a payment from abroad has likely experienced the frustration of a multiday delay for the ...
Global
Global: Uzbekistan Introduces Monthly Fees for Cryptocurrency Companies
Crypto Operators in Uzbekistan to Be Charged Fixed Fees for Their Business Activities Authorities in Uzbekistan have adopted a law which obliges entities working with ...
Global
Global: Unregulated Crypto Poses Risks to Financial System, FSOC Report Says
The U.S. Department of the Treasury’s Financial Stability Oversight Council has reported that crypto-asset activities “could pose risks” to the U.S. financial system’s ...
Global
Global: U.N. Calls on Fed, Other Central Banks to Halt Interest-Rate Increases
The Federal Reserve and other central banks risk pushing the global economy into recession followed by prolonged stagnation if they keep raising interest rates, ...
Global
Global: Oman to also start usage of India’s RuPay card, UPI platform
RuPay is an Indian payment gateway like a Visa or Mastercard and is increasingly being expanded to India’s neighbouring countries or nations with ...
Global
Global: Central Banks of Israel, Norway and Sweden Team Up to Explore Retail CBDC
The central banks of Israel, Norway and Sweden have teamed up with the Bank for International Settlements (BIS) to explore how central bank ...
Global
Global: BIS Proclaims Success in Multi-CBDC Cross-Border Payment Pilot Project
As part of the experiment, several central banks participated in the mBridge project, a multi-CBDC platform for international payments. The Bank for International ...
