The Central Bank of Nigeria (CBN) has directed all Point of Sale (PoS) operators and payment service providers to establish dual connectivity with the Nigeria Inter-Bank Settlement System (NIBSS) and ...

The Reserve Bank of India (RBI) has approved the Self-Regulated PSO Association’s (SRPA) application to serve as a Self-Regulatory Organisation (SRO) for Payment Systems Operators (PSOs). “An ...

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) is seeking tougher penalties for payment system operators that fail to meet regulatory reporting standards, aiming to strengthen a key data ...

AI tools help online gambling platforms analyze thousands of micro-signals within a transaction, device behavior, login patterns, and session frequency to spot inconsistencies humans would miss.

The Reserve Bank of India (RBI) joined Project Nexus, which aims to create a multilateral cross-border instant payment system (IPS) by 2026. Conceptualized in 2022 by the Bank for International ...

Senior advocate Mukul Rohtagi, appearing for PayPal, argued that the order passed by a single judge of the high court was ‘wrong’ Delhi HC, on July 24, set aside a penalty of INR 96 Lakh imposed on ...

Also known as instant or real-time payments, fast payments are characterized by the instant transmission of the payment message and by the immediate availability of funds to the beneficiary on a ...

As part of the move, banks are mandated to carry out due diligence on all Aadhaar-enabled Payment System (AePS) touchpoint operators that are being onboarded by them This due diligence is as per the ...

The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) have jointly introduced a real-time payment systems linkage connecting Singapore’s PayNow and Malaysia’s DuitNow. This ...

As mentioned in HM Treasury’s October 2023 policy update on plans for regulating stablecoins, the Bank of England (Bank) has published a discussion paper providing more details on its proposed ...