Regulation

23 Jan 19 @ 11:57

Across the 33 countries covered in the European Payments Yearbook, cards in issue (+3.2%), and POS terminals by number (+7.3%) showed remarkable growth rates again while the ATM terminal estate... read more

22 Jan 19 @ 12:12

The European Commission has fined Mastercard a meaty €570.6 million ($648.3 million) for limiting the possibility for merchants to benefit from better interchange fees offered by banks elsewhere in the European... read more

22 Jan 19 @ 11:00

In recent years, interchange rates have come under increasing pressure from a variety of judicial reviews by the US Federal Reserve, the European Union and individual countries such as Canada,... read more

21 Jan 19 @ 17:05

noyb (a European non-profit organisation for privacy enforcement) has put the GDPR law and eight online streaming services from eight countries to the test – but no service fully complied. In... read more

14 Jan 19 @ 09:36

After a decade of lobbying to gain local access to the $124 trillion Chinese payments market, Visa and Mastercard have been snubbed by China’s central bank which has refused to... read more

10 Jan 19 @ 18:51

The European Banking Authority (EBA) has published the results of its assessment of the applicability and suitability of EU law to crypto-assets. Typically, crypto-asset activities do not constitute regulated services... read more

09 Jan 19 @ 10:02

A survey of central banks shows that a majority are collaboratively looking at the implications of a central bank digital currency (CBDC). Although many have reached the stage of considering... read more

07 Jan 19 @ 16:59

Google has announced that it has been granted an e-money licence and authorised as a payment institution in the Republic of Ireland, paving the way for it to begin providing new... read more

10 Dec 18 @ 10:55

The UK’s antitrust watchdog has referred PayPal’s takeover of Swedish startup iZettle for an in-depth probe over fears it will force up prices for customers and lead to a worse... read more

07 Dec 18 @ 11:57

A decade after the Great Recession a lot has changed in financial services. But much has also stayed the same. Not including regulator-enforced bank rescues, league tables of the largest... read more

04 Dec 18 @ 16:46

Visa and Mastercard have offered to cut merchant interchange fees for non-EU credit and debit cards by at least 40% to end an EU antitrust investigation, part of a decades-long... read more

04 Dec 18 @ 01:01

Is it too early to be closing off 2018? Possibly or even proabably – but I know you all love a list of payment predictions – so here is the... read more