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😔 U.S. 🇺🇸: Major banks reduce information sharing with the OCC after email hack Paid Members Public
😔 U.S. 🇺🇸: Major banks reduce information sharing with the OCC after email hack Confidence in the Office of the Comptroller of the Currency (OCC) has been affected, and JPMorgan Chase and Bank of New York Mellon have reduced information sharing due to concerns over potential leaks. 🟣 The hack occurred in
⚡️ Uruguay 🇺🇾: electronic payments are gaining ground Paid Members Public
⚡️ Uruguay 🇺🇾: electronic payments are gaining ground According to the latest report from the Central Bank of Uruguay, this form of payment has far surpassed credit and debit cards. Overall, data from the second half of 2024 shows the following: 💙 Electronic payments accounted for 77.4% of the total transaction volume.
☠️Russia 🇷🇺: Rosfinmonitoring will create a registry of suspicious crypto wallets Paid Members Public
☠️Russia 🇷🇺: Rosfinmonitoring will create a registry of suspicious crypto wallets The registry will be based on the analysis of operations and addresses flagged as suspicious, with support from other agencies, including international partners. ➡️ Rosfinmonitoring will use its own neural network-based system. This system is expected not only to identify complex
🐘 India 🇮🇳: The Central Bank (RBI) launches a special app to test new fintech products Paid Members Public
🐘 India 🇮🇳: The Central Bank (RBI) launches a special app to test new fintech products The app, named "Theme Neutral," has been developed within the Regulatory Sandbox (RS) framework to enable more effective engagement with developers and industry stakeholders. 🟡 The concept of a "theme-neutral" platform reflects the
💣 Albania 🇦🇱: 11 commercial banks seek to join the SEPA transfer scheme Paid Members Public
💣 Albania 🇦🇱: 11 commercial banks seek to join the SEPA transfer scheme The banks have already submitted the necessary applications, and if the European Payments Council (EPC) responds favorably, everything is expected to be operational by October 2025. 🔻 Reminder: Albania was included in the geographic scope of the Single Euro Payments
🎉 🇦🇪 Checkout.com Set to Launch Local Card Issuing and Digital PSP Services in UAE by 2026 Paid Members Public
🎉 🇦🇪 Checkout.com Set to Launch Local Card Issuing and Digital PSP Services in UAE by 2026 The initiative is currently awaiting regulatory approval, though it is expected to move forward soon, as it aligns with the UAE’s strategic plan to develop a highly tech-driven financial ecosystem by 2031. 🔻 Background:
⬆️ Malaysia 🇲🇾 and Cambodia 🇰🇭 launch second phase of cross-border QR payments Paid Members Public
⬆️ Malaysia 🇲🇾 and Cambodia 🇰🇭 launch second phase of cross-border QR payments The project is led by Bank Negara Malaysia (BNM) and the National Bank of Cambodia (NBC). The first phase was implemented in 2024, only in Cambodia, where BNM recorded 5.2 million transactions — four times more than the previous year.
👀 Brazil 🇧🇷: Central Bank considers regulating digital wallet payment services Paid Members Public
👀 Brazil 🇧🇷: Central Bank considers regulating digital wallet payment services The public consultation process has begun to establish specific regulations for payment services offered through digital wallets such as Apple Pay, Google Pay, and Samsung Pay. ➡️ The Central Bank classifies these platforms as “tokenizers”, due to their role in applying tokenized