The Financial Stability Board (FSB) published today, for public consultation, its proposed recommendations to promote greater alignment in data frameworks related to cross-border payments and consistency in the regulation and supervision of bank and non-bank payment service providers.
PayPoint today issues a warning over the risks of Unauthorised Cheque Fraud which last year cost victims in the UK £5.6 million according to the UK Finance Annual Fraud Report 2024.
Australia-based e-money institution SWiM PAY has launched instant digital wallet-to-wallet payments for faster transactions and to eliminate SWIFT-related delays