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European Commission reports on Interchange Fees Regulation success

01 Jul 20 @ 10:55

The European Commission says that the caps on the interchange fees retailers pay to process debit and credit card transactions have helped push down prices. The EC published a report... read more

Global Payment Regulation & Authentication Report

25 Jun 20 @ 12:25

Ravelin has released an update to its Global Payment Regulation & Authentication Report, with analysis of billions of transactions during Q1 2020. In the run up to the original PSD2... read more

What steps do merchants need to take to ensure SCA compliance in time for deadline

19 Jun 20 @ 10:50

With the deadline extension to PSD2’s Strong Customer Authentication (SCA) well underway, and the European regulators declining to extend further, there are steps that merchants must take so they can... read more

Planet to acquire 3C Payment

18 Jun 20 @ 09:00

Planet has agreed to acquire 3C Payment. 3C Payment’s gateway, integration and terminal capabilities, when combined with Planet’s value added payment services, will create a unique platform in the payments... read more

UK Supreme Court rules against Visa and Mastercard in interchange fees battle

17 Jun 20 @ 11:40

The UK’s Supreme Court has ruled in favour of a group of retailers including J Sainsbury in the long running battle around historic interchange fees the networks charged leading to... read more

JCB enables cross-border QR code payment

05 Jun 20 @ 09:57

As consumers seek greater speed and convenience in their payment transactions, merchants are increasingly adopting QR code payments and other digital payment types. Digital wallets now account for 58% of... read more

First Data forced to pay $40 million fine over consumer scams

19 May 20 @ 08:11

First Data Merchant Services and a former executive have been forced to pay more than $40 million to settle a claim by the Federal Trade Commission that the company processed... read more

EuroCommerce petitions for more interchange fee regulation as card fees continue to rise

18 May 20 @ 10:39

EuroCommerce Director-General Christian Verschueren has pressed the European Commission to act on the growing problems facing retailers and wholesalers resulting from the limited scope of the Interchange Fee Regulation (IFR).... read more

Mastercard updated Q2 2020 operating metrics reflect COVID-19 impact

14 May 20 @ 10:11

Mastercard has updated its operating metrics with an additional two weeks of information, in which it is monitoring the impact of the COVID-19 pandemic and related actions being taken by... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more