Regulation

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

12 Oct 15 @ 07:22

Central bank regulators have proposed changes to stop the global payments system from fragmentation as banks scale back cross-border networks, blaming the cost of new regulation. Banks have long maintained links with other... read more

08 Oct 15 @ 12:52

The European Parliament has agreed to the European Commission revised Directive on Payment Services or the so called  Payments Services Directive (PSD2). This new law, proposed by the European Commission... read more

08 Oct 15 @ 12:15

Fenergo, a provider of Client Lifecycle Management solutions for institutional banks, has published key findings from new research commissioned from the Aite Group which suggests that financial institutions are struggling to... read more

01 Oct 15 @ 14:54

Its October the 1st. The deadline for US merchants to accept secure chip-enabled credit and debit cards,the US EMV migration, may take years for the conversion to be fully implemented. “Realistically,... read more

22 Sep 15 @ 16:53

The European Parliament has set the 6 October as the date to vote on plans for a revised Payment Services Directive (PSD2) during its plenary session. PSD2 is set to replace the existing Payment... read more

07 Sep 15 @ 15:48

As the gloves come off in the battle between Equity and Safaricom, Equity Bank has written to the financial sector regulator protesting Safaricom’s increase of M-Pesa tariffs on transfers made... read more

04 Sep 15 @ 12:13

Visa has been penalised $18 million for attempting to block the expansion of its rivals in Australia. Justice Michael Wigney of the Federal Court handed down the penalty plus $2 million... read more