Open Finance platform Moneyhub has launched a new account verification service leveraging Open Banking technology. Designed to combat fraud and streamline transactions, ‘Moneyhub Account Verification’ […]
Tag: ConsumerProtection
New Rules Bring Buy Now, Pay Later Providers Under Credit Card Protections
The US Consumer Financial Protection Bureau (CFPB) has tightened its grip on the booming Buy Now, Pay Later (BNPL) industry, classifying BNPL lenders as credit […]
RBI Proposes Framework for Self-Regulatory Organizations in FinTech Sector
The Reserve Bank of India (RBI) has introduced a draft framework for the recognition of Self-Regulatory Organizations (SROs) in the FinTech sector, aiming […]
UK Regulatory Authorities Seek Feedback on Stablecoin Oversight
Financial authorities in the UK are actively soliciting feedback on their proposed regulatory approach to stablecoins. The Financial Conduct Authority (FCA) and the Bank of […]