Daily News

22 Jan 19 @ 12:12

The European Commission has fined Mastercard a meaty €570.6 million ($648.3 million) for limiting the possibility for merchants to benefit from better interchange fees offered by banks elsewhere in the European... read more

22 Jan 19 @ 11:00

In recent years, interchange rates have come under increasing pressure from a variety of judicial reviews by the US Federal Reserve, the European Union and individual countries such as Canada,... read more

21 Jan 19 @ 17:05

noyb (a European non-profit organisation for privacy enforcement) has put the GDPR law and eight online streaming services from eight countries to the test – but no service fully complied. In... read more

21 Jan 19 @ 13:17

In the UK customers are still paying hundreds of pounds as retailers are illegally surcharging for card payments at POS. Credit and debit card surcharging was banned in January 2018,... read more

21 Jan 19 @ 12:55

Alipay has received a second e-money license in Luxembourg. With this license, Alipay can serve the European market and is a hedge against Britain’s exit from the European Union, enabling... read more

17 Jan 19 @ 14:26

A new survey released by the Bank of England shows dire trading conditions for British banks and credit lenders as they gear down on expectations that consumer appetite for borrowing... read more

17 Jan 19 @ 13:26

The global digital banking market is set to grow from its current market value of more than $7 billion to over $9 trillion by 2024; according to a new research... read more

17 Jan 19 @ 09:27

Diners Club International, a part of the Discover Global Network has signed an agreement with Nets, a leading to help expand Discover Global Network acceptance in Norway, Sweden, Denmark and... read more

16 Jan 19 @ 15:19

Fiserv and First Data Corporation announced that their boards of directors have unanimously approved a definitive merger agreement under which Fiserv will acquire First Data in an all-stock transaction. The... read more

16 Jan 19 @ 12:29

Since India’s demonetisation policy took place, digital payments spiked in the immediate aftermath. However, post adoption of the policy the pace of adoption has been much slower than anticipated. Digital transactions... read more

14 Jan 19 @ 17:21

The U.S. Secret Service has issued a warning that criminal gangs that deploy stolen credit and debit cards are increasingly hedging their chances of getting caught carrying multiple counterfeit cards... read more

14 Jan 19 @ 13:38

Payments Network Malaysia (PayNet), the national payments network and central infrastructure provider, has implemented DuitNow, Malaysia’s Real-Time Payments Platform (RPP) using ACI’s UP solution. The first service offered to the... read more