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The PSR outlines the technical process that banks and building societies will have to follow as part of new reporting requirement for APP scams. tinyurl.com/2p9xsvth #fraud #payments #psr #regulation PSR

Bankruptcy for Genesis. Genesis owes creditors more than $3bn including $900mn to customers of Gemini and €280mn to Dutch exchange Bitvavo. Genesis was one of the biggest lenders to #FTX. #crypto tinyurl.com/49bes7eu

Despite market downturn, N26 expands crypto trading to 5 new European markets. The crypto trading feature has been built with the help of Bitpanda, which is handling the execution and custody on behalf of N26. #crypto tinyurl.com/5bs9br6y

The value of #payments via #CBDCs will reach $213 billion annually by 2030; up from just $100 million in 2023. This growth of over 260,000% reflects the early stage of the sector; currently limited to pilot projects. #crypto #digitalmoney tinyurl.com/5eb6h3xy

Carrefour Italia partners Nexi Italy to enable #payments of postal slips and PagoPA notices at checkout via Poste Italiane service, enabling payment of utilities, tuition fees, fines, taxes, healthcare fees through any #payment method Carrefour tinyurl.com/yu9pabrk

Apple launches #savings account from Goldman Sachs with a 4.15% annual percentage yield. No minimum #deposits and managed through Apple Wallet. #wallet #payments #banking tinyurl.com/2r3mafw7

FTC sues Chargebacks911 for unfairly preventing people from winning who were trying to dispute #credit #card charges through the #chargeback process. #payments #litigation tinyurl.com/4mcyswmf

Lloyds Bank launches PayMe a new payment transfer service for businesses. Lloyds #payme #payments @bottomlinetech #innovation tinyurl.com/5n7p7fc9

Monzo launches instant access #savings pots for businesses, Business Instant Access Savings. The pot offers a 1.5% AER #interest rate (variable) per year, paid monthly into the Pot. #payments #banking Monzo 🏦 tinyurl.com/2fewttrh

Network International in talks over £2 billion take-over bid. The company are in discussion with consortium led by CVC Capital Partners #payments #mergers #acquisitions #processing tinyurl.com/429kdumu

Square has launched Tap to Pay on Android for sellers across the US, Australia, Ireland, France, Spain, and the UK. #payments #taptopay Square tinyurl.com/5n7fzun9

The European Parliament has voted in favour of MiCA #crypto licensing regulations. MEPs voted 517-38 in favour of the new regime, which has already been given the green light by EU member states. #mica European Parliament #cryptoregulation #regulation tinyurl.com/5n8mp5wu

WhatsApp and Stripe enable chat #payments in Singapore. The feature is built on Stripe Connect and Stripe Checkout and allows both Singapore customers and businesses to buy and sell directly in WhatsApp without being required to go to a website tinyurl.com/dccfk685

Checkout has received its 3DS 2.3.1. certification by EMVCo. Checkout.com is the first global payments provider to be certified.  #3ds #payments #fraud tinyurl.com/3kzrmxs8

FCA continues action against unregistered crypto ATMs across the UK. Financial Conduct Authority is inspecting sites in Exeter, Nottingham and Sheffield suspected of hosting illegally operated #crypto #ATMs #fraud #cryptocurrencies #payments tinyurl.com/4tzjnkbz

Klarna halves losses and expects a return to #profit before the end of 2023. Net losses shrank to SKr1.3 billion in the first quarter and credit losses similarly decreased by over a third. Klarna revenues increased to SKr4.9 billion, by 13% #payments tinyurl.com/9d3srh33

Volt.io raises USD 60 mln in Series B. The funds will be used to grow into new foreign markets such as APAC and the Americas, as well as to assist product development in Europe, the UK, and Brazil #payments #openbanking #innovation #funding tinyurl.com/ymrdjf66

JROC has published commercial pricing principles for open banking, for banks and third parties to follow when agreeing a premium API commercial model. #openbanking #regulation #payments Financial Conduct Authority HM Treasury tinyurl.com/2adpff82

Intelligent Acceptance launched by Checkout.com, an offering addressed to merchants that helps them boost acceptance rates. Intelligent Acceptance is an AI-powered optimisation engine tinyurl.com/4b8cy8p7 #payments #innovation #acceptance

.Google has partnered with Stripe to help businesses accept #payments through Google Calendar. Businesses connect their Stripe account, set prices, and then offer their clients the ability to book and pay for services directly in Google Calendar tinyurl.com/mrxyxrkt