Regulation

15 Dec 15 @ 12:10

In a recent note from the Payment Systems Regulator (PSR) on domestic interchange fee caps in the UK, issued on the 19 November 2015 the PSR said: we issued an information request about... read more

10 Dec 15 @ 11:35

As is now commonly known, the MIF Regulation, EU Regulation 2015/751 – on Interchange Fees for Card-Based Payment Transactions – will be significant for the payment industry for many reasons,... read more

09 Dec 15 @ 15:31

The 9th of December marks a significant date for interchange rates across the Europe as all EU countries align their domestic credit (0.3%) and debit card (no more than 0.2%) rates.... read more

09 Dec 15 @ 14:25

The European Payments Council (EPC), representing payment service providers, and the Cards Stakeholders Group (CSG), a multi-stakeholder body gathering retailers, vendors, processors, card schemes and the EPC, today published version... read more

27 Nov 15 @ 13:57

The European Payments Council (EPC) released its proposal for the design of a pan-European instant credit transfer scheme, dubbed SCT Inst scheme. This proposal is part of the Euro Retail... read more

26 Nov 15 @ 10:40

On 06 October 2015, the European Court of Justice (ECJ) ruled that the Safe Harbour agreement, which allows data to be transferred between the EU and US, was invalid as... read more

20 Nov 15 @ 11:56

A survey conducted by Silicon Valley Bank (SVB) among fintech startups and investors in the industry has revealed that the biggest challenge they see for the near future are regulatory hurdles, the... read more

11 Nov 15 @ 12:07

Last April, the European Parliament and the Council of the European Union adopted a new Interchange Fee Regulation (IFR) capping interchange fees for payments made with debit and credit cards.... read more

03 Nov 15 @ 10:47

The ways in which we pay and are paid are changing. Apple Pay has been launched in the UK, Barclays has announced that it will launch Android-based mobile payments later... read more

29 Oct 15 @ 11:56

European payments are being hit by several disruptive forces, including heightened levels of innovation, competition and regulation. One of the more significant changes is the European Union Regulation on the... read more

23 Oct 15 @ 13:02

Sweden is on track to becoming the world’s first cashless society, thanks to the country’s embrace of IT, as well as a crackdown on organized crime and terror, according to... read more

22 Oct 15 @ 14:29

The European Court of Justice (ECJ) has ruled that bitcoin exchange transactions should be exempt from VAT. The ECJ ruling stated that bitcoin transactions “are exempt from VAT under the... read more