22 Apr 26 @ 19:35

The battle over interchange fees in the United States has moved well beyond a state level policy dispute. By intervening both in court and through the regulatory process, the Office... read more

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

18 Nov 25 @ 16:16

A fresh settlement between Visa, Mastercard and US merchants promises to trim interchange fees—yet the concessions may do little to shift the balance of power in America’s card-payments ecosystem. After... 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

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

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

03 Jul 25 @ 14:23

A new white paper from global banking infrastructure innovators RS2 says that acquirers and PSPs could add value for their clients and save themselves – and their clients – millions.... 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

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

08 May 25 @ 17:39

The UK’s Payment Systems Regulator (PSR) has entered 2025 amid a confluence of regulatory upheaval, market scrutiny, and structural transformation. As its tenth anniversary approaches, the PSR finds itself both... 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

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

24 Feb 25 @ 15:56

In a ground breaking decision, the Competition Appeal Tribunal (CAT) has approved a £200m interchange fee settlement between Mastercard and Walter Merricks, the former solicitor leading the UK’s largest collective... 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

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

14 Aug 24 @ 15:58

European banks have expressed “serious concerns” regarding the UK Payment Systems Regulator’s (PSR) plan to cap interchange fees on cross-border digital transactions. This proposal, which impacts fees levied by Visa... read more

14 Aug 24 @ 08:40

The $30 billion preliminary interchange fee settlement between Mastercard, Visa and retailers has been formally rejected by the US courts. The ruling means both Visa and Mastercard will have to... read more

14 Aug 24 @ 08:38

Senator Ted Budd (R-NC) has introduced the Secure Payments Act, which would require the Federal Reserve to pause its Regulation II Debit Card Interchange Fee proposal until it completes a... read more