The World Federation of Exchanges (WFE), the global industry group for exchanges and CCPs, has responded to the EU’s proposals for a Digital Operational Resilience Act (DORA) for Financial Sectors.

The WFE welcomes the ambitions of the EU Commission in seeking to improve and harmonise operational resilience requirements across the financial ecosystem – especially those purely operating in digital-based environments.

Post Office is expanding its presence in the identity services market with the roll-out of a suite of online and in-branch products in a new partnership with digital identity company Yoti. The rollout includes a free-to use app that will combine customers’ personal data and biometrics to create a secure, reusable ID on their phone, and in-branch services for those customers who do not have access to a smartphone or who prefer face-to-face contact when asked to confirm their identity. 

As of today, more than 106 million coronavirus cases have been reported until now across the world. The staggering numbers are terrifying everyone across the world and new variants of the virus have been identified too. The first variant B.1.1.7 evolved in the UK and studies suggest that this is 70% more lethal for humans than the parent virus. Due to the same reason, many countries are under strict lockdown once again. Travel has been banned for any recreational purposes.

57.18 million of us now make digitally-enabled transactions, bringing the total value of digitally enabled payments annually to a staggering $188.3 billion, this is an increase of 19.7% when compared to 2019.

Voyager Digital Ltd. ("Voyager" or the "Company") (

Banking Circle, the cross border payments expert, has identified an issue affecting some financial institutions handling cross border transactions from the UK to the EU. It seems Brexit has caused a number of EU banks to increase their fees for receipt of SEPA local payments in EUR from GB IBANs.