Regulation

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UK market: Facilitating commercial Variable Recurring Payments

22 May 24 @ 08:45

UK Finance, in association with law firm Addleshaw Goddard, has published a report on the use of model clauses to support the development of the Variable Recurring Payments (VRPs) for... read more

UK Market: Facilitating commercial Variable Recurring Payments

22 Apr 24 @ 16:24

UK Finance, in association with law firm Addleshaw Goddard, has published a report on the use of model clauses to support the development of the Variable Recurring Payments (VRPs) for... read more

EU regulator set to approve Apple Pay 3rd party access

22 Apr 24 @ 16:01

In January of this year Payments Cards & Mobile brought you the breaking news that the EU regulator was aggressively pursuing Apple, and in particular, singled out its restricted access... read more

BIAN standards association demonstrates growing influence with new members

18 Apr 24 @ 15:00

BIAN, the independent not-for-profit standards association, is announcing that 19 new members have joined the growing organisation, bringing the total number of members to 98. This momentum has helped BIAN... read more

High growth market: Thai potential

10 Jan 24 @ 18:13

As part of new series on high-growth Asian markets outside China, James Wood looks at Thailand, asking what’s next for a country that’s seen P2P and digital wallet payments soar.... read more

Binance pays $4.3 billion to settle money laundering charges

22 Nov 23 @ 10:25

The US Department of Justice has forced a penalty of more than $4 billion from Binance to settle a criminal investigation that caught the world’s biggest cryptocurrency exchange and its... read more

Instant payments: EU Council and Parliament reach agreement

09 Nov 23 @ 12:15

The Council and the European Parliament have reached a political agreement on the instant payments proposal, which will improve the availability of instant payment options in euro to consumers and businesses in the EU... read more

CFPB proposes oversight of Big Tech digital wallets and payment apps

08 Nov 23 @ 11:06

The Consumer Financial Protection Bureau (CFPB) is proposing to supervise larger nonbank companies that offer services like digital wallets and payment apps. Driven largely by Big Tech and other large... read more

PSD3 is well intentioned, but can it work?

07 Nov 23 @ 12:31

On 28 June, the European Commission published plans for its third payment services directive (PSD3), the successor to 2018’s PSD2. While these plans seem sound enough, questions remain over both... read more

US Fed sets up debit card fees battle between banks and retailers

30 Oct 23 @ 18:01

The U.S. Federal Reserve is proposing to cut debit card fees that banks charge merchants for processing debit-card transactions by up to 30%, setting up a face off between the... read more

What do the PSD3 and PSR mean for the payments sector?

06 Oct 23 @ 13:44

On June 28, 2023, the European Commission (EC) published a set of new legislative proposals, notably for a Third Payment Services Directive (PSD3) and a Payment Services Regulation (PSR). It... read more

Exploring FIDA: revised rules on financial data sharing access

05 Oct 23 @ 16:09

In June 2023 the European Commission put forward a proposal for a Regulation to further digitalise and improve competitiveness in the European financial sector. The proposal for a Financial Data... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more