Global
Global: CFPB Sues MoneyLion Over Alleged Military Lending Act Violation
The Consumer Finance Protection Bureau (CFPB) has sued online lender MoneyLion, along with 38 of its subsidiaries, over allegedly imposing illegal charges for ...
Global
Global: Digital euro will not be available until 2026, at the earliest
EU citizens are unlikely to get their hands on a digital euro until 2026 at the earliest, as the European Central bank considers ...
Global
Global: UK banks to shut down mobile payment service Paym
Paym, the mobile payment service launched by fifteen of the UK’s biggest banks and building societies, is shutting down after an eight year ...
Global
Global: Swift to bring end-to-end view of post-trade processing
Following a successful pilot, Swift is gearing up to launch a service designed to increases transparency in post-trade processing and prevent settlement fails. ...
Global
Global: Morgan Stanley, Goldman Sachs, among banks fined $1.1 billion by SEC
16 of Wall Street’s largest financial institutions been charged to pay a combined $1.1 billion to US regulators for not monitoring unauthorised employee ...
Global
Global: Israel, Norway and Sweden central banks partner with BIS to explore CBDC payments
The Project Icebreaker initiative aimed to improve cross-border payments by reducing costs and increasing speed and transparency, with a final report expected in ...
Global
Global: Crypto.com Receives Regulatory Approval in France
Crypto.com, the world’s fastest growing cryptocurrency platform, announced today it has been registered in France as a Digital Asset Service Provider (DASP) by ...
Global
Global: King Charles III will be on the British pound notes By Mid-2024
British pound notes featuring King Charles III‘s face are projected to reach circulation by the middle of 2024. The Bank of England announced ...
Global
Global: Digital Bank Revolut Wins FCA Registration to Offer Crypto Services in UK
Crypto trading app Revolut has won registration from the United Kingdom’s Financial Conduct Authority to offer crypto services in the U.K. following a ...
Global
Global: Binance Rolls Out Global Law Enforcement Training Program Amidst Rising Exploits
Since its establishment, Binance has established a reputation in the crypto industry. The platform has grown to become one of the most well-liked ...
