Regulation

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ECSA: Remove payments from the Digital Identity Regulation scope

17 Apr 23 @ 16:05

The European Banking Federation, the European Association of Co-operative Banks, and the European Savings and Retail Banking Group, jointly known as the European Credit Sector Associations (ECSAs) welcome the ambitions... read more

FTC sue Chargebacks911 for “thwarting chargeback mitigation”

14 Apr 23 @ 13:09

The Federal Trade Commission has filed a suit against Chargebacks911 for unfairly thwarting consumers who were trying to dispute credit card charges through the chargeback process. In a complaint filed in... read more

ChatGPT – how can banks leverage generative AI?

06 Apr 23 @ 12:29

ChatGPT is currently on everyone’s lips. The versatile abilities of this chatbot fire the imagination, but also fuel concerns about the future application of such a simple and widely usable... read more

Report: UK Open Banking market at “crossroads”

31 Mar 23 @ 12:51

A new report on Open Banking by the Coalition for a Digital Economy (Coadec) states that “UK Open Banking is at a crossroads”. A multi-billion pound sector stands on the... read more

Digital euro: The implications for savings and retail banks

31 Mar 23 @ 11:36

Not wanting to go unheard in this important period of discovery with the digital euro project, the ESBG has been taking an active role in digital euro-related discussions and overall... read more

Kalifa Review is “Work in progress” at two-year anniversary

29 Mar 23 @ 16:04

Launched by former Chancellor and now Prime Minister Rishi Sunak, the Kalifa Review into the future of the UK fintech sector outlined five core recommendations: policy and regulation; skills and... read more

European banking industry sets out a vision for digital euro

29 Mar 23 @ 10:26

The European Banking Federation (EBF) has published a vision paper on a Digital Euro Ecosystem. The EBF sets forth its perspective on the digital money ecosystem of the future, where... read more

Crypto crackdown continues – Binance in US regulators sights

28 Mar 23 @ 12:15

As the US tries to find its feet after waves of criticism over its handling of the current bank crises, which regulators believe was partially caused by over exposure to... read more

Global Open Finance Report: Transition continues at the international level

27 Mar 23 @ 15:44

Open Finance is a consolidated reality both at international and European level: to date, more than 40 countries have launched initiatives in this area. The transition to Open Finance can... read more

EPSM urges clarity around proposed eIDAS 2.0 regulation for card payments

23 Mar 23 @ 13:09

The European Association of Payment Service Providers for Merchants (EPSM) is urging European lawmakers to make clear that card payments with SCA will be out of the scope of the... read more

Large-value payment system EURO1 successfully migrates to ISO 20022

21 Mar 23 @ 14:21

EBA CLEARING says its systemically important payment system EURO1 has successfully migrated to ISO 20022. The RTGS-equivalent payment infrastructure closed its first business day operating on the new message standard.... read more

Half a trillion dollars wiped off Bank stocks as rout continues

20 Mar 23 @ 13:26

It has not been a good week for the global banking community. Starting with Silvergate Bank and ending (so far) in emergency purchase of Credit Suisse, the underlying lack of... read more

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Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa and Fiserv partnership extends API-led acceptance platform

22 Mar 26 @ 18:30

Visa and Fiserv are extending their long-running partnership in Europe with a new API-driven acceptance offering designed to simplify merchant acquiring and mod... more