Newsazenplay.comThe UK Payment Systems Regulator confirmed that it would remove the expiry date for Specific Direction 17, which requires most payment service providers to offer Confirmation of Payee. The regulator said it would continue considering whether the requirement should cover additional PSPs.
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Paymentology announced an Australian expansion involving domestic payment rails, card schemes and local partners. The move is relevant to PSP connectivity for businesses operating across regulated markets.
UK licensed operators are accepting some casino deposits through carrier-billing services rather than card payments. The payment method charges customers through their mobile provider and represents an alternative rail for digital gambling transactions.
The Financial Crimes Enforcement Network is moving to abandon dormant proposals covering anti-money-laundering oversight for transactions involving self-hosted crypto wallets and anonymizing mixers. The proposals had faced opposition from parts of the crypto industry.