The Bank of England (BoE), the Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA) and the Payment Systems Regulator (PSR) have a Memorandum of Understanding (MoU) that sets out the high-level framework the Authorities use to cooperate with one another, in relation to payment systems in the UK.
The FCA has used its powers to inspect several sites in East London suspected of hosting illegally operating crypto ATMs, as it continues its crackdown on the illicit sector.
Card payments (97%) have overtaken cash (82%) to become the most-used payment method in Singapore, according to the latest edition of Visa's Consumer Payment Attitudes Study.
AstroPay, the online payment solution of choice for millions of users worldwide, is delighted to announce the launch of its new co-branded product – the AstroPay Wolves debit card.
Intergiro, a leading European Banking as a Service (BaaS) platform based in Sweden, announces its partnership with Retreeb, a Swiss payment solution empowering consumers to support social causes.
Aite-Novarica Group research reveals that payments is an important area of growth and innovation within the commercial banking space, and legacy systems cannot support end-user demand for better payment capabilities.
