Regulation

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The UK’s future strategy for Open Banking payments

24 Nov 21 @ 17:06

Open banking (OB) payments have the potential to offer greater payment choice to merchants and customers. There are now over 2.5 million Open Banking payments a month. In 2018, there... read more

EU to ban banks’ use of cross-border permissions to access market

23 Nov 21 @ 17:20

The EU has announced new measures to crack down on a patchwork of national arrangements that allow banks outside the EU to sell services into the bloc, dealing a blow... read more

European FIs: A decade to complete Open Banking objectives

15 Nov 21 @ 18:20

New research reveals that in spite of growing positivity, the complete implementation of Open Banking will take financial institutions many years to realise. The survey of 308 executives across 12... read more

Return of the regulator: DoJ issues stark warning to corporate America

11 Nov 21 @ 09:29

Hot on the heels of yesterdays news and amidst accusations of “laissez-faire” corporate regulation under Donald Trump, the US Department of Justice (DoJ) is hitting back. The DoJ is preparing... read more

US Department of Justice opens investigation into Visa payments to FinTechs

10 Nov 21 @ 11:51

The US Justice Department is investigating Visa for what is feels may be improper relationships with large FinTech companies as part of its antitrust investigation of the company. Antitrust investigators... read more

The European Payments Landscape in 2030: Implants, AI and the no-cash generation

02 Nov 21 @ 13:19

A new report, The European Payments Landscape in 2030: Implants, embedded ethics and a ‘post-payments’ world, examines the potential issues and innovations that may emerge in the next decade of... read more

Is there a problem in the e-money institution market?

18 Oct 21 @ 12:04

There are now some 479 e-money institutions (EMIs) across the European Union and a further 235 in the UK. EMIs store cash for their customers in a digital format for... read more

Digital Pound Foundation launches to support development of CBDC and digital money ecosystem

14 Oct 21 @ 08:30

The Digital Pound Foundation has been launched by a core group of founding members as an independent forum to support the implementation of a well-designed digital Pound and digital money... read more

Banks must urgently embrace next generation payments

13 Oct 21 @ 10:14

Payments are entering a new experience-driven era (Payments 4.X), ushered in by an accelerated transformation timeline due to COVID-19 and the growing digital appetite of customers, according to the World Payments... read more

EU launch antitrust charge to Apple Pay over NFC chip access

08 Oct 21 @ 14:22

The EU has launched an antitrust charge over Apple’s NFC chip technology, people familiar with the matter said, a move that puts it at risk of a possible hefty fine... read more

Consultation report seeks confirmation that the principles for PFMI apply to stablecoin

06 Oct 21 @ 12:33

The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) has published, for public consultation, preliminary guidance that confirms and clarifies that stablecoin arrangements... read more

Group of influential Central banks explore what retail CBDC might look like

01 Oct 21 @ 12:00

A group of seven central banks (Bank of Canada, Bank of England, Bank of Japan, European Central Bank, Federal Reserve, Sveriges Riksbank and Swiss National Bank), together with the Bank... read more

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Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

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