03 Aug 17 @ 06:24

It is now almost 18 months since the introduction of the Interchange Fee Regulation (IFR). This covered a good deal more than the interchange fee caps and included substantial changes... read more

06 Jul 17 @ 14:20

It is now almost 18 months since the introduction of the Interchange Fee Regulation. IFR covered a good deal more than the interchange fee caps and included substantial changes to... read more

08 Jun 17 @ 12:30

The US Supreme Court declined to hear a bid by retailers to revive a $7.25 billion anti-trust settlement reached with Visa and Mastercard over claims that the networks fixed card... read more

05 Apr 17 @ 11:38

The merchant acquiring market in Europe is operating on solid grounds of continuous transaction growth, however the cost pressures in the industry increases are very high, primarily due to new... read more

06 Feb 17 @ 10:41

The merchant acquiring market in Europe is operating on solid grounds of continuous transaction growth, however the cost pressures in the industry increases are very high primarily due to new... read more

27 Jan 17 @ 11:13

In recent years, the payments industry has started to view the growing Card Not Present fraud problem through an entirely different lens. Today, the overwhelming consensus is that the Card... read more

13 Sep 16 @ 13:49

The US Court of Appeals overturned the landmark antitrust interchange settlement between retailers and Visa and Mastercard on June 30, 2016, reigniting more than 10 years of legal battles over... 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 Sep 16 @ 09:18

A £14 billion legal claim has been filed against Mastercard on behalf of UK consumers seeking damages for anti-competitive card fees. In 2014, the European Court of Justice ruled that... read more

07 Sep 16 @ 13:44

Disruption, innovation, Uberisation, disintermediation, Fintechisation, regulation… all of these words are nowadays perceived as challenges for the retail banks and their business. Media and experts are fond of predicting that... read more

03 Aug 16 @ 07:24

MASTERCARD IS FACING a multi-billion pound damages claim for imposing interchange fees that were ultimately borne by UK consumers. The claim, which could reach £19 billion, would be the biggest... read more

01 Jul 16 @ 16:37

A federal appeals court on Thursday threw out a $7.25 billion antitrust settlement among Visa,MasterCard  and millions of retailers over credit card fees. The 2nd US Circuit Court of Appeals... read more

12 Apr 16 @ 14:15

Payment cards at the point of sale (POS) and online showed solid growth rates in most European countries in 2014, supported by the roll-out of contactless technology. The challenges for... read more

07 Mar 16 @ 16:24

Visa and MasterCard brands collectively account for 86% of all European payment cards. Visa holds the largest share in Europe as a whole and in western Europe, while MasterCard has... read more

02 Feb 16 @ 10:44

Cards and card payment at the point of sale (POS) and online showed solid growth rates in most European countries in 2014, supported by the roll-out of contactless technology. The... read more

01 Feb 16 @ 16:02

09 December 2015 marked a significant date for interchange rates across Europe as all EU countries had to align their domestic rates, in accordance with the Interchange Fee Regulation (IFR).... read more

29 Jan 16 @ 11:17

The payments industry is no stranger to the increasing reach of regulation. With the EU Regulation on interchange fees for card-based payment transactions coming into force earlier this year, together with near-term... read more

09 Dec 15 @ 14:25

The European Payments Council (EPC), representing payment service providers, and the Cards Stakeholders Group (CSG), a multi-stakeholder body gathering retailers, vendors, processors, card schemes and the EPC, today published version... read more

04 Dec 15 @ 12:26

International card schemes MasterCard and Visa now account for 86% of all payment cards in Europe, as domestic and private label schemes continue their decline. Global Payment Cards Data and... read more

20 Nov 15 @ 12:27

Commercial cards, consisting of Business, Corporate, Purchasing and fuel cards, benefit businesses by controlling expenditure and reducing cash handling costs. Nevertheless, according to a new study Commercial Cards in Europe 2015,... read more