Regulation

Showing Latest Regulation

Klarna valuation tanks as gloss goes off BNPL market

04 Jul 22 @ 11:02

I don’t want to be the guy who says “I told you so”, but…For those of you who have been regular readers you will note that for many months now... read more

FTC sues Walmart for facilitating money transfer fraud of hundreds of millions

30 Jun 22 @ 12:04

The Federal Trade Commission is to sued Walmart for allowing its money transfer services to be used by fraudsters, who fleeced consumers out of hundreds of millions of dollars. In... read more

Understanding Authentication Vs Authorisation in the SCA era

27 Jun 22 @ 09:02

Since SCA (Strong Customer Authentication) was introduced for online retailers in the UK earlier this year, there have also been added complications for merchants when determining the most efficient and cost-effective... read more

UK PSR to review Visa and Mastercard scheme and interchange fees

21 Jun 22 @ 16:57

The UK’s Payment Systems Regulator (PSR) has set out its plans showing how it proposes to carry out two market reviews focusing on card fees. One looks at scheme and... read more

Irish mobile payments app Synch gets regulatory approval

20 Jun 22 @ 10:55

In mid-January 2021 the four of Irelands largest banks joined forces to launch an instant payments digital payment app, dubbed Synch, that they intended to promote to help fend off... read more

Indian Central Bank lifts Mastercard issuing ban

17 Jun 22 @ 11:47

The India Central Bank has lifted its restrictions on Mastercard issuing new cards in the domestic market, nearly a year after imposing the ban, after it demonstrated “satisfactory compliance” with... read more

What the staggered implementation of ISO 20022 means for financial services firms

15 Jun 22 @ 17:07

November 2022 marks the point of migration for some of the top global payment infrastructures to ISO 20022, an international standard for exchanging electronic messages between financial institutions, covering cards,... read more

US Fed inflation fears spark bitcoin and crypto price crash

13 Jun 22 @ 10:32

The latest bitcoin and crypto sell-off was sparked by fears the Federal Reserve could put its “foot on the gas” in its fight to drive down inflation after the latest... read more

Modern payments use too much energy. Here’s how we can do better

08 Jun 22 @ 09:36

A new white paper from payments infrastructure specialists Tietoevry Banking argues this industry needs to improve its energy efficiency and reduce its environmental impact. In recent years, a number of industries... read more

Australian competition authority sues Mastercard for anti-competitive pricing

01 Jun 22 @ 13:02

Mastercard finds itself in the dock with the Australian Competition and Consumer Commission (ACCC) which has launched an civil action over alleged anti-competitive pricing activity in the card payments market.... read more

ATM plays a key role in cash access – COVID-19 leaves lasting impact on numbers

31 May 22 @ 16:40

Most countries have witnessed a drop in ATM numbers in 2021 as cashless payments gained further ground, but with the worst impact of COVID-19 over, some deployers are renewing efforts... read more

How financial intermediaries can integrate crypto assets

27 May 22 @ 16:36

Most crypto owners would prefer to interact with digital assets through their banks and other traditional financial institutions, according to Navigating Crypto: How Banks and Other Financial Intermediaries Can Integrate... read more

Trending

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