Issuing & Acquiring

05 Oct 22 @ 09:00

The Federal Reserve Board has finalised updates to the its rule concerning debit card transactions. Pursuant to statute, the updates specify that debit card issuers should enable at least two... read more

30 Sep 22 @ 09:15

Neobanks have grown immensely as a result of the COVID-19 pandemic and the increased demand for digital financial services. 8% of US adults and millions more people all over the... read more

30 Sep 22 @ 09:00

The US has been applying considerable pressure on countries it sees as helping Russia evade the sanctions placed on it due to its invasion of Ukraine. This week, three Turkish... read more

27 Sep 22 @ 14:22

Recent work[1] by McKinsey and Company has shown that banks improving their customer experience generate more revenue than their peers. While customer service, especially in the digital channel, has been... read more

26 Sep 22 @ 17:17

As we know, Central Banks around the world are, for the majority, looking at running pilots or proof of concepts on CBDC. The Hong Kong Monetary Authority (HKMA) has now... read more

26 Sep 22 @ 12:56

The Reserve Bank of Australia (RBA) has announced a marked change in its position on Least Cost Routing (LCR) – how banks and credit card companies prioritise payments in the... read more

23 Sep 22 @ 15:53

NCR has announced that its Board of directors has unanimously approved a plan to separate NCR into two independent publicly traded companies – one focused on digital commerce business and the... read more

23 Sep 22 @ 14:44

Finastra and Visa announced a Banking as a Service (BaaS) collaboration to co-develop new functionality on its Payments Hub solutions and implement Visa Direct2 – which provides access to more... read more

21 Sep 22 @ 16:34

Last week, 1,668 retailers and more than 200 trade organisations urged the US Congress to pass the The Credit Card Competition Act, which gives merchants a choice in the routing... read more

20 Sep 22 @ 12:40

Debit cards drive payments card growth as contactless usage continues to rise and consumer spending recovers after the height of the pandemic. Card usage will keep growing as new spending... read more

19 Sep 22 @ 10:55

The European Central Bank (ECB) has announced the list of collaborators  they will contract with to develop potential user interfaces for the digital euro. The aim of this prototyping exercise... read more

14 Sep 22 @ 12:06

It has been a conflicting week in the M&A market and the broader FinTech investment scene. UK FinTech investment fell to $9.6 billion in H1 2022, down from $27.8 billion... read more