24 Mar 17 @ 10:33

On 23 February, the European Banking Authority (EBA) announced its intention to outlaw screen scraping in one of their Regulatory Technical Standards (RTS) complementing the revised Payment Services Directive (PSD2),... read more

15 Mar 17 @ 11:05

In less than a year the revised Payment Services Directive (PSD2) will be implemented in European Union (EU) Member States, and the acronym ‘API’ is on the minds of Payment... read more

23 Feb 17 @ 10:01

Ten years ago the European Commission (EC) and the European Central Bank (ECB) announced a common vision for the Single Euro Payments Area (SEPA), which they described as an “integrated... read more

17 Jan 17 @ 15:14

The amount of money laundered by foreign criminals is estimated to be as high as £100 billion a year and unlawful tax avoidance costs UK taxpayers as much as £2.7... read more

24 Nov 16 @ 09:45

As the dreaded Black Friday draws nearer, iovation is predicting a significant increase in CNP fraud – fraudulent transactions where a credit card is not physically presented to a merchant... read more

10 Oct 16 @ 13:54

It seems that European payments regulation may be forcing the end of frictionless card payments, by making the cards market take a step backwards. We appear to be moving away from... read more

22 Sep 16 @ 13:08

According to the World Payments Report 2016, global digital payment volumes continue to increase, with annual growth projected to top 10% for the first time to reach 426.3 billion transactions... read more

09 Sep 16 @ 09:56

On the 25 June 2015, a new package of EU Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) legislation came into effect with the adoption of the Fourth Money Laundering Directive... read more

09 Jun 16 @ 14:15

As the European eCommerce market continues its meteoric rise, we spend an increasing proportion of our time looking at how to accommodate the diverse alternative payments preferences of European consumers.... read more

16 May 16 @ 14:52

The initial findings of a European Commission e-commerce sector inquiry found that geo-blocking is widespread throughout the EU. Online retailers of consumer goods, such as clothes, shoes and consumer electronics,... read more

09 May 16 @ 12:35

iovation and Aite Group have developed an impact note entitled “EMV: Issuance Trajectory and Impact on Account Takeover and CNP.” The report calculates that card not present fraud – fraudulent transactions where a... read more

16 Mar 16 @ 11:55

Splitting a bill with friends at a restaurant, paying back half of a household bill to your partner, urgently sending money to your child studying in another European country…These are... read more

24 Nov 15 @ 08:52

myPINpad, which enables multi-channel and multi-factor authentication via the Cardholder PIN, has announced a new partnership with VocaLink, to bring their PIN based authentication solution to digital commerce applications. VocaLink,... read more

08 Oct 15 @ 12:52

The European Parliament has agreed to the European Commission revised Directive on Payment Services or the so called  Payments Services Directive (PSD2). This new law, proposed by the European Commission... read more

22 Sep 15 @ 16:53

The European Parliament has set the 6 October as the date to vote on plans for a revised Payment Services Directive (PSD2) during its plenary session. PSD2 is set to replace the existing Payment... read more

17 Sep 15 @ 17:14

The Strawhecker Group (TSG) released survey results that illustrate only 27% of US merchants will be EMV-ready by the October 1st liability shift. This represents a sizable decline from 34%... read more

09 Jul 15 @ 14:54

The European Commission has sent a Statement of Objections to MasterCard. The Statement of Objections outlines the Commission’s preliminary view that MasterCard’s rules prevent banks from offering lower interchange fees... read more

10 Jun 15 @ 09:20

Ixaris has announced the initial phase of its €4m Open Payments Ecosystem (OPE) project. The pioneering two year project is financially backed by EU Horizon2020 under the Open Disruptive Innovation Scheme... read more

18 May 15 @ 17:13

MasterCard is reportedly poised to receive an antitrust complaint from European Union watchdogs probing card-payment fees, according to three people with knowledge of the case. Regulators may send a statement... read more

29 Apr 15 @ 10:45

Cyber security is a precondition to promoting innovation also in the area of payments. The European Union Agency for Network and Information Security (ENISA) is a centre of expertise for... read more