Regulation

Showing Latest Regulation

Visa and Mastercard cut interchange fees to end EU antitrust investigation

29 Apr 19 @ 11:41

Visa and Mastercard have offered to cut interchange fees on payments made by tourists using cards issued outside the European Union to limit fines and end an EU antitrust investigation,... read more

Fraud & friction: Is the payments market ready for SCA

25 Apr 19 @ 08:59

The combat against fraud was an important and recurring topic at the recent MPE, and not without reason. Card-not-present (CNP) fraud remains a focal point of attention for merchants and... read more

New court ruling puts Mastercard back in dock for £14 billion interchange fee class action

16 Apr 19 @ 16:15

The UK Court of Appeals has overturned a formerly favourable Mastercard interchange fee ruling. The £14 billion lawsuit against Mastercard for imposing charges on UK consumers looks set to proceed... read more

SEC report reveals 95% of Bitcoin trading volume is fake

08 Apr 19 @ 10:23

A recent research report by Bitwise Asset Management revealed that 95% of the reported trading volumes in Bitcoin by CoinMarketCap.com is fake and artificially created by unregulated exchanges. Surprisingly, this fake data... read more

Varying regulation between regions hampers innovation

02 Apr 19 @ 15:17

Different approaches to the regulation of new payments technologies is creating confusion and uncertainty for payments companies and consumers within different regions and between countries. This uncertainty risks impeding innovation... read more

Why so many banks missed PSD2 deadline and what are the consequences

25 Mar 19 @ 10:13

One of the two biggest PSD2 deadlines mandated has been and gone without without anybody really raising an eyebrow. More importantly, March 14 passed without the compliance of 41% of... read more

EBA PSD2 register of payment and electronic money institutions

19 Mar 19 @ 13:45

The European Banking Authority (EBA) has launched a central electronic register under the Payments Services Directive (PSD2). The register will provide information on several thousand payment and electronic money institutions... read more

Cashless society? Philadelphia bans ‘Cashless’ stores

08 Mar 19 @ 09:58

In highlighting just how difficult it will be for society to go completely cashless, this week has seen the UK report on how it cannot allow its cash infrastructure to... read more

PSD2 allocation of liabilities: Customers Vs ASPSPs Vs PISPs

06 Mar 19 @ 14:25

Under the Payment Services Directive (EU) 2015/2366 (“PSD2”), an Account Servicing Payment Service Provider (“ASPSP”) must grant a Third Party Providers (“TPP”) direct access to certain payment accounts of the... read more

EC sets sights on TIPS challenging Visa and Mastercard European dominance

06 Mar 19 @ 10:38

The European Commission (EC) has been reported to be considering implementing new regulations to support and accelerate the adoption of TARGET Instant Payments Settlement System (TIPS) in an effort to... read more

Payment Card Yearbooks: European payments continue to rise rapidly

04 Mar 19 @ 12:42

Driven by contactless card payments and by increased card usage, in 2017 the number of card payments continued to grow across the 33 countries covered by our PCM’s Payment Card... read more

Indian e-commerce sector slows but will still hit $200 billion by 2027

22 Feb 19 @ 14:06

The Indian e-commerce market is estimated to miss the market growth expectations as e-commerce behemoths, which were formally going full throttle, seem to have slowed down ever since the new FDI rules kicked in... 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