October 14, 2022
Fed Governor: CBDC Not Crucial to Supremacy of Dollar
The creation of a central bank digital currency (CBDC) in America is probably not that crucial to ensuring the supremacy of the U.S. dollar, Federal Reserve Governor Christopher Waller said...
October 13, 2022
UK Electronic Documents Bill Marks Major Gain for Trade Digitization
The United Kingdom government on Thursday (Oct. 13) passed the Electronic Trade Documents Bill in parliament, ending the legal requirement for certain business documents, such as bills of exchange, promissory...
October 12, 2022
International Co-Operation Fixing Problems in Digital Markets
A new sense of urgency and purpose has enlivened our international conversations about digital platforms, stimulating unprecedented levels of co-operation between competition and consumer authorities globally. In addition to conducting...
October 10, 2022
Study of Digital Dollar Beneficial Even if CBDCs Never Happen:...
Cleveland Federal Reserve President Loretta Mester said that even if the U.S. does not issue a central bank digital currency (CBDC), the Fed’s study of the technology will pay dividends....
October 07, 2022
Visa: Card Present Fraud Soars as Consumers Return In-Store
The great reopening is upon us. Life is returning to normal, in many parts of the world. In the process, it’s reopening some lucrative channels for fraudsters and other criminals...
October 07, 2022
Regulation and Readiness Will Go Hand in Hand for European...
In its recently published work plan for 2023, the European Banking Authority (EBA) signals how the European Union’s banking sector intends to adapt to new upcoming regulations, pursue its digitization...
October 05, 2022
EU Watchdog Mulls Regulation of AI-Cybersecurity Firms
In what’s been called the fourth industrial revolution, artificial intelligence (AI) is radically transforming global economies at a pace that has regulators scrambling to keep up. In the European Union...
October 05, 2022
Behavioral Analytics Balance Experience and Security for BNPL Players
The recent discovery by Amsterdam-based cybersecurity firm ThreatFabric that criminals are using Android banking trojans to exploit vulnerabilities in BNPL apps to make fraudulent purchases is a clear indication that...
October 03, 2022
Irish Regulator Submits Draft Decision in Facebook Data Breach
Taking the next step in its inquiry into a data breach of Meta’s Facebook platform, the Irish Data Protection Commission (DPC) has submitted a draft decision to other concerned supervisory...
