15 Jan 26 @ 21:00

Revolut, Visa and Mastercard have failed in a High Court bid to block a proposed UK cap on cross-border card interchange fees. The decision hands a significant legal victory to... read more

10 Nov 25 @ 17:23

Visa and Mastercard have reached a revised settlement with US merchants that could reshape the long-running debate over interchange fees. The agreement follows nearly two decades of litigation and comes... read more

22 Oct 25 @ 16:05

The American Fintech Council (AFC) has entered the already muddy waters of the US Open Banking market, urging the CFPB to maintain the principles underpinning Open Banking and protect consumers’... read more

13 Oct 25 @ 12:39

Visa is set to remain embroiled in years of interchange fees litigation after a US federal judge ruled that a 2019 multibillion-dollar settlement does not shield the payments giant from... read more

03 Sep 25 @ 16:02

Stripe has become one of the first major fintechs to formally oppose JPMorgan Chase’s Open Banking plans to charge fees for access to customer financial data, warning that the move... read more

21 Aug 25 @ 15:59

Visa is set to remain embroiled in years of interchange fees litigation after a US federal judge ruled that a 2019 multibillion-dollar settlement does not shield the payments giant from... read more

14 Jul 25 @ 17:01

JP Morgan Chase is poised to introduce sweeping changes to the way US Fintechs access consumer bank data — and the financial implications could be seismic. According to sources cited... read more

01 Jul 25 @ 09:11

In a decisive legal blow to the global card giants, the UK’s Competition Appeal Tribunal (CAT) has ruled that Visa and Mastercard’s default multilateral interchange fees (MIFs) breach European competition... read more

15 May 25 @ 10:46

A coalition of Europe’s largest retailers is calling on the European Commission to clamp down on Visa and Mastercard over what they describe as opaque, inflation-exceeding fees that hinder competition... read more

14 May 25 @ 10:41

The debate around “debanking” — the practice of financial institutions denying or withdrawing banking services from certain individuals — has surged to the forefront of policy discussions in the US,... read more

14 May 25 @ 10:38

The UK’s Payment Systems Regulator (PSR) has published a long-anticipated consultation paper proposing a suite of remedies aimed at improving transparency and accountability in the card fees –  scheme and... read more

22 Apr 25 @ 11:36

Discover Bank has been ordered to return more than $1.2 billion to merchants after a regulatory investigation found that it had systematically misclassified millions of consumer credit cards as commercial... read more

03 Apr 25 @ 14:43

The UK’s Payment Systems Regulator (PSR) has published a long-anticipated consultation paper proposing a suite of remedies aimed at improving transparency and accountability in the card fees –  scheme and... read more

27 Mar 25 @ 13:47

The debate around “debanking” — the practice of financial institutions denying or withdrawing banking services from certain individuals — has surged to the forefront of policy discussions in the US,... read more

10 Mar 25 @ 12:07

Revolut and Visa have initiated judicial proceedings against the UK’s Payment Systems Regulator (PSR), asserting that the regulator has exceeded its statutory mandate with a proposed cap on interchange fees... read more

07 Mar 25 @ 10:17

The Payment Systems Regulator (PSR) has delivered a stark verdict on the state of the UK’s card scheme and processing fees market, highlighting substantial fee increases imposed by Mastercard and... read more

16 Dec 24 @ 10:32

The Payment Systems Regulator (PSR) has taken a decisive step to address the soaring costs of cross-border interchange fees on card transactions. Following a detailed review, the PSR has confirmed... read more

10 Dec 24 @ 17:14

The British Retail Consortium (BRC) has released its 2024 Payments Survey, shedding light on evolving consumer payment behaviours and mounting challenges faced by retailers. The report highlights a second consecutive... read more

05 Dec 24 @ 13:42

Mastercard has reached an agreement in principle to settle a £200 million legal claim brought on behalf of 46 million UK consumers over allegations of unfairly high card transaction interchange... read more

04 Sep 24 @ 09:56

Mastercard and Visa are facing collective lawsuits in the UK, over historical overcharging claims on multilateral interchange fees, with claims surpassing £4 billion. The Competition Appeal Tribunal has approved the... read more