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Europe Advances Plans For Real-Time Payments Connectivity With Asia

By linking its TARGET Instant Payment Settlement (TIPS) system with India and Southeast Asia, the European Central Bank (ECB) is accelerating real-time payments globally and challenging European payment service providers (PSPs) to prepare for faster flows and competitive pressures.
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Prolonged Limbo On Open Banking Leaves US Financial Sector Navigating Uncertainty

A renewed push from Democratic senators highlights how the stalled Personal Financial Data Rights (PFDR) rule is forcing banks and fintechs to rethink strategy, as shifting political priorities threaten a stable data-access framework for the long term.
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US Open Banking Rule Highlights Industry Divisions Over Data And Fees

By defining who can access consumer data, whether fees are allowed and compliance timelines, the Personal Financial Data Rights final rule (PFDR Rule) underscores continuing legal and market tensions between banks and fintech innovators.
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EBA Slams Fintechs Over Lax Compliance In New AML Risk Assessment

In its latest risk assessment, the European Banking Authority (EBA) has warned that poor practices and a lack of experience at fintechs, including payments and crypto firms, are undermining efforts to tackle financial crime.
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PSR To Launch Consultation On APP Scam Reimbursement System In April

The UK’s Payment Systems Regulator (PSR) has announced the next step in its fight against authorised push payment (APP) scams: a consultation on the regulatory requirements for a centralised reimbursement claims management system.
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Payments

Daily Dash: Russia's Central Bank Issues QR Code Payment Security Rules

The Central Bank of Russia has introduced a new set of guidelines to enhance the security of QR code-based payments and transfers.
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Payments

Singapore To Create New Entity To Manage Payments Ecosystem

The Monetary Authority of Singapore and the Association of Banks in Singapore have announced the creation of a new entity to oversee and govern the country’s national payment schemes.
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Payments

Trump's CBDC Ban A Victory For Private Sector, Not For Privacy

Recent moves in the US to ban central bank digital currencies represent a win for the private sector, but have significant implications for the US payments sector and beyond.
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Payments

Denmark's Changing Payment Habits Bring Dankort's Future Into Question

Recent shifts in consumer behaviour and market dynamics have challenged the dominance of Denmark’s domestic payment option, with consumers looking elsewhere and the government considering other options.
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Payments

Daily Dash: EBA Narrows ICT Risk Management Guidelines As DORA Takes Effect

The European Banking Authority (EBA) has amended its guidelines on ICT and security risk management measures to align with the Digital Operational Resilience Act (DORA), which came into force on January 17.
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Payments

MPs Demand Answers From CMA9 Banks Following Barclays IT Outage

Barclays and its competitors are under scrutiny from UK lawmakers following a damaging outage at the financial institution that lasted for several days.
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Payments

European Commission Contemplating Dropping FiDA

The Framework for Financial Data Access (FiDA) regulation, intended to extend provisions in open banking to a wider financial services context, has been tipped to be withdrawn by the European Commission.
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Payments

Australia Consults On New BNPL Oversight

The Australian government has launched a public consultation on proposed amendments to the National Consumer Credit Protection Regulations.
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Payments

Canada's RTR, Which Should Have Launched In 2019, Is Now 'Halfway There'

Canada is moving closer to launching an instant payments system, but its Real-Time Rail (RTR) remains at least seven years behind schedule, thanks to repeated delays and changes in delivery partners.
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Payments

President Trump Urged To Reopen CFPB To Fight Debanking Epidemic

Senate Democrats have called on President Trump to reopen the Consumer Financial Protection Bureau (CFPB) immediately if his administration is to have any hope of resolving the debanking epidemic that it claims to oppose.
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Payments

EU Lawmaker Raises Concerns Over Rising Card Fees

The European Commission has been urged to address the issue of commercial cards, used increasingly by small businesses and the self-employed, attracting significantly higher charges than consumer cards.
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Payments

Daily Dash: Singapore Government Says No Reports Of Non-Compliance With BNPL Code of Conduct

There have been no reported breaches of Singapore's Buy Now, Pay Later (BNPL) Code of Conduct since its introduction in 2022, according to the government’s minister for trade and industry.
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Payments

Week In Crypto: New US Stablecoin Bill Signals Lack Of Unity On Legislative Agenda

Four US senators have introduced a new bill to regulate payment stablecoins, in a move that borrows mostly from an existing bill and clashes with legislative plans outlined in a Trump executive order on crypto and AI.
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Payments

With Japan's Help, Papua New Guinea Moves Closer To CBDC

Following Japanese investment and leadership in Cambodian and Laotian digital currency projects, Papua New Guinea has become the latest Asian country to move towards a Japan-built central bank digital currency (CBDC).
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Payments

EBA Delays Instant Payments Reporting Enforcement Until 2026

The EU’s financial watchdog has decided to press pause on an imminent payments compliance deadline, stating that it will not become actionable until next year.
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Payments

Card Payments On The Rise In The Eurozone, Latest ECB Stats Show

The European Central Bank’s (ECB) latest data on payments being made by consumers in the EU reveals growth in all areas, with card payments accounting for more than half of non-cash payments.
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Payments

Trump Appointee Shuts Down CFPB On First Day In New Role

The US Consumer Financial Protection Bureau (CFPB) is facing an existential crisis following an immediate suspension order issued by its new acting director.
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Payments

Daily Dash: MPs Launch Inquiry Into AI's Role In Financial Services

UK lawmakers on the influential Treasury Select Committee have launched a new inquiry into the growing use of artificial intelligence (AI) in banking, pensions and financial services, with a focus on consumer protection and financial stability.
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Payments

European Commission Rejects DORA Subcontracting Rules, Triggering Uncertainty

The European Commission has rejected significant provisions for subcontracting ICT services, arguing that certain requirements exceed the mandate provided under the Digital Operational Resilience Act (DORA).
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Payments
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ÌìÑĺ£½ÇÉçÇø View: The UK’s Crypto Perimeter Clarification – Mapping the Transition to FSMA

In Consultation Paper CP26/13, the Financial Conduct Authority (FCA) adds an extra level of granularity to its plans for the cryptoasset regulatory regime, aiming to avoid edge cases and provide clarity for affected entities.
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Regulatory Influencer: Are the Americas Entering a New Phase of Risk-Based Supervision? Argentina Leads the Way

Between January and March 2026, the Argentine National Securities Commission (CNV) introduced a series of targeted reforms aimed at simplifying reporting obligations, modernising administrative procedures, and reducing regulatory burdens for investment firms.
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Experimental Legal Regime Formalises Russian Crypto Trade Settlements

New legislation may help to take decentralised finance from a workaround for sanctions to a supervised payment rail, moving cross-border payments from a legal grey area, increasing stability and reducing costs.
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Latest Proposed Rules for Bank-Issued Stablecoins in the US Introduce Fresh Challenges

The new framework signals a high-barrier, high-discretion regime that could narrow the market to a handful of systemic players that can respond to shifting regulatory demands, leaving smaller banks on the sidelines.
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Kenya’s Crypto Framework Risks Squeezing Out Local Innovation

The end of a key consultation period means the modernisation of crypto and digital assets regulation continues to advance, but strict rules could inadvertently disadvantage local start-ups and lead to capital flight and consolidation.
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Twin Announcements Signal Major Overhaul of US AML/CTF Regulation

The new proposed rulemakings aim to force a shift from static policy design to real-time operational maintenance, requiring firms to prove that their compliance frameworks actually stop illicit activity rather than just documenting it.
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Regulatory Influencer: New Zealand’s AML Levy - Privatising the Cost of Effective Supervision, A One-Off or More to Come?

The New Zealand Ministry of Justice (MoJ) has released the AML levy proposal outlining its plans to impose a charge on anti-money laundering (AML) reporting entities to fund the establishment and running of a standalone AML regulator for the country. While the AML Amendment Bill and the AML Supervisor and Levy Bill, which form the legal basis for this proposal, have yet to be passed in parliament, the levy’s stated implementation date of July 2027 could mean a costly recurring bill for AML reporting entities from next year.
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UK’s Payments Association Calls For APP Fraud Regulation To Target Digital Platforms

The industry body has called for new regulations that would impose strengthened fraud prevention standards across social media, online marketplace and instant messaging platforms operating in the UK.
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Unpacking the RBA’s Ban on Card Surcharging and New Interchange Caps

Changes to the rules on merchant card fees in Australia aim to introduce greater transparency and spur competition, and will contribute to the shifting landscape as alternative payment methods expand the variety of options.
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Regulatory Influencer: A Playbook Emerges - Convergence and Divergence in State Crypto Kiosk Regulation

In March 2026, Maine became the latest in a growing number of states to adopt legislation regulating virtual currency kiosks (crypto ATMs) in the US. Maine's law builds on emergency legislation adopted by the state in June 2025, regulating virtual currency kiosks within the state’s money transmission framework and providing additional consumer protections specific to kiosks. Elsewhere, legislation to regulate crypto kiosks and implement consumer protection measures is, at the time of writing, awaiting the governor’s signature in Florida, Kansas, and Virginia. The legislation reflects a regulatory pattern emerging across the US. States are beginning to converge on a common regulatory framework for virtual currency kiosks, addressing consumer protection concerns and fraud risks through comprehensive legislation, plugging a gap left by federal supervision, which has remained primarily focused on anti-money laundering (AML) oversight.
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