Bank of England paper provides stablecoin regulatory stance
A Bank of England (BofE) paper has highlighted that stablecoins used as money should be expected to face the same regulatory standards as those attached to bank deposits.
Sentinels closes €5.7m seed round to support product development
Sentinels, a transaction monitoring startup, has closed its seed round on €5.7m to support the development of its products.
The round was led by INKEF...
MAS provides consultation response to credit bureau, reporting regulations
The Monetary Authority of Singapore (MAS) has issued a consultation response on draft regulations and notices relevant to licensed credit bureaus under the Credit Bureau Act 2016.
CSI eyes bolstered instant payments adoption through pilot program
Computer Services Inc (CSI) will participate in the FedNow pilot program with the aim of increasing the adoption of instant payments in the US.
Interpol diverts $83m of online fraud from cybercriminals
Interpol claims it has intercepted $83m belonging to victims of online financial crime from being transferred into the accounts of their hackers.
Does regulation pose a threat to buy now, pay later market growth?
The BNPL market has seen a financial boon in recent years, creating market leading behemoths like Klarna, Affirm and Afterpay – who are all recording strong growth on the back of clear market demand. Could a growing call for regulation in the sector change this?
Biodiversity tool unveiled to help FIs manage extinction, ecological risk
A biodiversity module has been introduced to help financial institutions (FIs) explore to what extent their portfolios may impact species extinction and ecological integrity....
US survey finds majority of investors prize ESG credentials
A survey has found 70% of respondents believe organisations have a responsibility to demonstrate environmental, social and governance (ESG) performance to investors.
US hacker pleads guilty to selling healthcare employee data on dark web
A dark web hacker has pleaded guilty to stealing information from 65,000 employees of the University of Pittsburgh Medical Center (UPMC).
NatWest lets customers set transfer limits to reduce payment scam damage
NatWest is now allowing customers to establish their own daily digital bank transfer limits to reduce the impact caused by authorised push payment (APP) scams.
