Regulation

13 Feb 14 @ 15:17

Regulation (EU) No 260/2012 (the ‘SEPA 2012 Regulation’) established common technical and business requirements for credit transfers and direct debits denominated in euros and was seen as an important building... read more

05 Feb 14 @ 11:34

The US Federal Reserve has announced it will continue with plans to further the introduction of faster payments for US retail payments as part of a wide systematic effort to modernise the... read more

04 Feb 14 @ 16:20

In an unsurprising piece of news, the European Parliament has extended the SEPA migration deadline, set for 1st February 2014, for processing SEPA-compliant payment transfers by six months, to August... read more

28 Jan 14 @ 11:07

Recent payment regulation, interchange proposals in Europe and the revision of the Payment Services Directive will have a significant impact on business strategies for all stakeholders going forward – reports... read more

20 Jan 14 @ 16:32

New statistics released today by the European Central Bank (ECB) show that SEPA migration to the Single Euro Payments Area (SEPA) gathered pace strongly in December. According to the latest figures... read more

10 Jan 14 @ 12:36

The European Commission says it will extend the SEPA migration deadline for the introduction of  new faster and cheaper intra-bank payments systems for six months following delays in some EU member... read more

10 Jan 14 @ 12:06

Zimbabwe has begun imposing a mobile money tax on transactions after intense lobbying from the Bankers Association of Zimbabwe (BAZ) for the Zimbabwean central bank to regulate mobile money services... read more

07 Jan 14 @ 11:40

The European Payments Council (EPC), representing the European banking industry in relation to payments, together with the Cards Stakeholders Group (CSG), today published version 7.0 of the SEPA Cards Standardisation... read more

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