Regulation

11 May 16 @ 16:29

In order to identify issuers’ reactions to the interchange regulation decreases effective December 2015, First Annapolis has been closely monitoring the product offerings of the top 5 issuers in 13... read more

05 May 16 @ 11:31

PAY.ON has published a new white paper that explores the implications surrounding – and the opportunities arising from – the revised Payment Services Directive (PSD2) and the Regulation on Multilateral... read more

03 May 16 @ 13:20

PayPal’s P2P payment service Venmo is under investigation by the Federal Trade Commission. PayPal has acknowledged the situation in an SEC filing: “On March 28th, 2016, we received a Civil Investigative Demand (CID)... read more

22 Apr 16 @ 16:00

Visa Inc, following feedback from the European Commission has been forced to change the terms of its acquisition of Visa Europe. Under a deal struck in November, Visa Inc was set to pay... read more

05 Apr 16 @ 15:19

On 02 February 2016 the European Commission and the US announced a political agreement on a new framework for transatlantic data flows. Dubbed the EU-US Privacy Shield, the new agreement... read more

16 Mar 16 @ 12:16

The UK FinTech report, commissioned by HM Treasury and published last month, confirmed something we’re pretty much all agreed upon: “The UK is a global capital for FinTech”. Within FinTech,... read more

04 Mar 16 @ 12:12

The aims of the European Commission’s revised Payment Services Directive (PSD2) are clear. It is designed to enhance consumer protection and convenience, improve the security of payment services and promote innovation... read more

29 Feb 16 @ 11:03

Innovations in FinTech have been added to the list of things the Financial Stability Board worries about by Mark Carney, head of the international group of policymakers and regulators. The governor... read more

29 Feb 16 @ 09:28

The Payment Systems Regulator (PSR) has published the provisional findings of its market review into the ownership and competitiveness of the payments infrastructure that supports the payments systems; Bacs, Faster... read more

04 Feb 16 @ 15:24

As of December 9, interchange regulation, which caps rates in Europe are now capped at 30 bps for credit cards (commercial cards excluded) and 20 bps for debit and prepaid cards.

03 Feb 16 @ 12:42

There has been a sharp rise in the number of e-money providers registered with the Financial Conduct Authority (FCA) over the last two years, with 79 now authorised in total,... read more

29 Jan 16 @ 11:17

The payments industry is no stranger to the increasing reach of regulation. With the EU Regulation on interchange fees for card-based payment transactions coming into force earlier this year, together with near-term... read more