02 Oct 14 @ 15:10

MasterCard has lost a court challenge to a European Union (EU) antitrust lawsuit on cross-border interchange fees. The EU’s Court of Justice ruled that the fees set by MasterCard had... read more

02 Oct 14 @ 15:01

The recent card scheme cross-border acquiring (CBA) concessions have created a new model for cross-border acquiring. By default they have become the European Commission’s ‘Plan A’ as a result of... read more

02 Oct 14 @ 14:51

The global payments and transaction-banking businesses continue to represent vital elements of the banking industry and the global financial services landscape. The importance of these businesses both as critical sources... read more

29 Jul 14 @ 21:53

Regulators in the Asia-Pacific region are looking at rolling out a SEPA-style single payment area, but what will be the challenges of such a project in one of the most... read more

27 Mar 14 @ 23:29

UK consumers are concerned that draft legislation currently being discussed by the EU over interchange will make it more expensive to pay by card, impacting upon the growing trend for... read more

27 Mar 14 @ 23:09

Four Asian telcos have formed an NFC alliance to ensure cross-border compatibility of mobile payment systems and branding. Japan’s KDDI, Chunghwa Telecom (Taiwan), Hong Kong Telecommunication and Korea’s SK Planet... read more

27 Mar 14 @ 20:14

The European Union’s antitrust regulator has accepted Visa Europe’s offer to cap its credit card multilateral interchange fees (MIFs) for cross-border credit card payments at 0.3% for retailers, two people... read more

30 Jan 14 @ 00:42

The Financial Study Association of Amsterdam, the largest of its kind in the Netherlands, has identified Singapore and Malaysia as ideal testing grounds for merchants who want to expand their... read more

30 Jan 14 @ 00:38

The European Central Bank (ECB) has announced the creation of a new Euro Retail Payments Board (ERPB) to oversee the integration of the bloc’s retail payments market in a post-SEPA... read more

26 Sep 13 @ 13:20

European payment processor Equens has been selected by Finland’s OP-Pohjola Group as its new card processing partner under a long-term contract for card services. The first card transactions will be... read more

26 Sep 13 @ 12:14

Proposed caps on debit and credit interchange across the EU have drawn strong responses from players on all sides of the industry. Has the Commission fully understood what it is... read more

01 Aug 13 @ 18:00

Earthport, the cross-border payments service provider, is to receive a $10 million investment from the IFC, a member of the World Bank Group. The funding will be used to expand... read more

30 Jul 13 @ 15:13

Regulatory attention from the European Commission and national competition authorities is a major factor contributing to changes in the payments industry. Public authorities are convinced that the development of innovative... read more

29 Jul 13 @ 05:39

Card-not-present fraud levels are rising in many regions despite intense efforts to combat this pernicious threat. What is the industry doing to counter it? by Victoria Conroy It is a... read more

28 Jul 13 @ 15:26

A new report from consultancy Value Partners and law firm Locke Lord has profiled how this ever-present threat risks undermining commerce, banking and entire economies. Given that fraud is one of... read more

28 Jul 13 @ 15:26

The European Commission is proposing to cap interchange on all consumer debit and credit card transactions, a move which would have a major impact on revenue streams for banks operating... read more