by Jyotsna Bucktowar | Apr 10, 2026
This reform reduces administrative burden on National Competent Authorities (NCAs) and ensures more consistent, high-quality data on payment charges, transaction volumes, and sanctions-related rejections. The EBA will now centralise this information and forward it to...
by AdrianaAMLP | Mar 24, 2026
Charges describe how the scheme involved transferring nearly $100,000 in cash from the Dominican Republic to a U.S. bank account using fake invoices, coded language, and multiple accounts to conceal the true origin of funds. It also underscores enforcement priorities...
by Jyotsna Bucktowar | Mar 12, 2026
This phase brings together public authorities and private sector stakeholders—including banks, fintechs, and payment system operators—to develop detailed jurisdictional and regional action plans, identify bottlenecks, and implement practical measures that improve the...
by Jyotsna Bucktowar | Feb 26, 2026
It aims to streamline regulation such as consolidating the Payment Systems Regulator into the FCA and updating the Payment Services and E‑Money Regulations while enhancing competition, transparency, and consumer protections. The Plan also prioritises fraud prevention,...
by Jyotsna Bucktowar | Jan 28, 2026
The initiative is being tested at the Dubai Land Department through the bank’s Sandbox Programme and Innovation Hub, developed in partnership with Network International and powered by PopID, and is designed to boost security, convenience and innovation in the national...
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