Regulation

06 Jan 14 @ 10:12

Amid further uncertainty for virtual currencies, there are fresh reports that India’s largest bitcoin exchange, BuySellBitCo.in, has been forced to shut after the country’s central bank issued a statement warning... read more

20 Dec 13 @ 11:54

The European Central Bank (ECB) has announced the creation of the Euro Retail Payments Board (ERPB). This new entity, which replaces the Single Euro Payments Area (SEPA) Council, will help... read more

17 Dec 13 @ 09:25

It has been another topsy turvy week for Bitcoin as Norway, the government of Scandinavia’s richest nation, confirmed the virtual currency doesn’t qualify as real money. “Bitcoins don’t fall under... read more

16 Dec 13 @ 15:42

A group of US retailers have vowed to continue fighting a US District Court ruling in favour of a $5.7 billion interchange settlement with Visa and MasterCard over credit card... read more

13 Dec 13 @ 14:12

The European Parliament voted today[1] to give the right of access to a basic bank account at little or no cost to up to 30 million EU residents who want... read more

13 Dec 13 @ 13:59

The People’s Bank of China (PBOC) is drafting new mobile payment rules to regulate mobile payments, the Xinhua-run Economic Information Daily reported Wednesday. Fan Shuangwen, deputy head of PBOC’s department of... read more

13 Dec 13 @ 09:00

In an unsurprising reaction, the draft European Parliament report on the proposed Regulation on banking interchange fees (MIF) would water down the Commission proposal so that the majority of the... read more

11 Dec 13 @ 16:46

A new white paper has been announced titled “EMV is Not Enough: Considerations for Implementing 3D Secure.” The paper considers the impending US EMV migration to Europay, MasterCard and Visa... read more

06 Dec 13 @ 11:09

China’s central bank has taken the decision to bar financial institutions from handling Bitcoin transactions, moving to regulate the virtual currency after an 89-fold jump in its value sparked a... read more

22 Nov 13 @ 16:39

Safaricom has offered to negotiate a settlement with rival Airtel in an abuse of dominance dispute filed before the competition regulator. Correspondence between the two firms shows that Safaricom agreed to... read more

21 Nov 13 @ 11:05

Banks, credit card companies and other payment service providers (PSPs) should put multiple “security measures” in place to ensure that they can repel attempts to breach the integrity of internet... read more

19 Nov 13 @ 19:00

The European Payment Users Alliance is a group of European payment users who have come together to call for more transparency and competition in the payment market. We welcome the... read more