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EU regulator accuses Commission of rushing sustainable transparency proposal – Reuters

EU’s Ombudswoman has accused the European Commission of rushing new rules on sustainable reporting.

APP scam reimbursement rules extended to Chaps

The UK’s Payment Systems Regulator is to extend its scam reimbursement programme to transactions taking place across the Chaps high value payments network.

Zapp looks to ‘revive retail’ through two-day hackathon

Finextra is working with VocaLink-backed mobile payment startup Zapp to seek out new ways to re-invent the retail experience at a two-day hackathon in London.

Crypto nears systemic risk ‘tipping point’ – FSB chair

Cryptocurrency could be nearing a point where it poses a system risk to the world’s financial system, the outgoing chair of the Financial Stability Board has warned.

CFPB sues Experian over “sham investigations” into consumer disputes

The Consumer Financial Protection Bureau (CFPB) has sued credit reporting agency Experian for unlawfully failing to properly investigate consumer disputes and showing uncritical deferrence to institutional submissions.

Blockchain payment network Zone raises $8.5 million

African blockchain payment network, Zone, has raised $8.5 million in an oversubscribed seed funding round led by VC firms Flourish Ventures and TLcom Capital.

UBS joins $50 million round in client-centric investment platform Ethic

UBS has joined a $50 million round in tech-driven asset management platforrm Ethic.

Podcast: Synthetic fraud rises in powersports, auto

Auto originations have picked up industrywide even as average payments remain elevated, while manufacturers are increasing incentives to move inventory….

Hackers steal $230m from Indian crypto exchange WazirX

Indian cryptocurrency exchange WazirX has been hacked, with crooks making off with around $230 million in various tokens.

PODCAST: Why CECL ‘is about to get real’

When discussing CECL — implementation of the Current Expected Credit Loss (CECL) accounting standards — Agora Data senior vice president of strategic relationships Jim Bass said bluntly during this month’s Non-Prime Auto Financing Conference: “It’s about to get real.” Bass, … [Read More]