Payments services
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UK payments industry braces for “CASS-light” reality
From May 2026, CASS 15 imposes immediate, stricter safeguarding requirements on payment firms to protect client funds, with trust rules deferred until 2027.
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SEC scrutinizes technology-driven disclosures
An SEC action against RYVYL, Inc, underscores how overstated claims about blockchain capabilities, coupled with omitted risk disclosures, can translate into antifraud liability even when wrapped in the language of innovation.
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Hong Kong’s Fintech 2030 strategy to focus on AI, data, and tokenization
Key objectives include establishing next-gen infrastructure, AI adoption, enhancing tech resilience, and making tokenization part of mainstream finance.
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Benefits and challenges as Hong Kong transitions to T+1 cycle
Key takeaways from the Hong Kong Stock Exchange discussion paper on transitioning to a T+1 settlement cycle.
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ISO 20022 in 2025: Urgent need for better orchestration across Market infrastructures
The 2025 ISO 20022 release exposes major orchestration gaps across Market Infrastructures.
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UK government abolishes payments watchdog “to reduce burden on business”
The announcement is the latest step in the drive to cut back regulation and boost economic growth.
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Major UK banks had 803 hours of outages in the last two years
While deeply concerned about affected customers, the UK Treasury Committee was measured in its criticism, expressing gratitude to the banks compensating customers.
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Future priorities for payment firms in letter from FCA to CEOs
Latest Dear CEO letter addresses themes of innovation, competition and security.