12 Sep 14 @ 12:53
Joe Oliver, the Canadian Finance Minister, is said to be pressing credit card companies and banks to accept lower credit card fees paid by retailers, which the government claims are among... read more
11 Sep 14 @ 10:36
UK retailers have today welcomed an historic court ruling to end card fees retailers pay banks to process card payments (known as interchange fees). Today’s judgement by the European Court... read more
05 Sep 14 @ 14:53
Ahead of the launch of the iPhone 6 next week, tech giant Apple has reportedly negotiated deals with several US issuers to give Apple back a portion of card-present interchange... read more
29 Jul 14 @ 21:36
On 7 July, Judge Nicholas Garaufis of the US District Court for the Easter District of New York began hearing arguments in a case against American Express (Amex), which the... read more
02 Jul 14 @ 12:48
On July 7, Judge Nicholas Garaufis of the U.S. District Court for the Easter District of New York will begin hearing arguments in the case, which the Department of Justice... read more
18 Jun 14 @ 14:13
Believing they will fare better independently, some large US retailers have withdrawn from a proposed $7.2 billion credit card fee settlement class-action over a reported conspiracy to inflate credit card fees.... read more
13 Jun 14 @ 10:59
While much of the debate around European card regulation and interchange focuses on Visa and MasterCard, how will three-party schemes fare under proposed legislation? The July 2013 publication of European... read more
30 May 14 @ 11:18
Now that SEPA direct debits and credit transfers are firmly established in Europe, the European Central Bank (ECB) is aiming to speed up SEPA for cards. In a new report,... read more
30 May 14 @ 08:49
While much of the debate around European card regulation focuses on Visa and MasterCard, how will three-party schemes fare under proposed legislation? by Victoria Conroy The July 2013 publication of... read more
29 Apr 14 @ 13:06
Following the near completion of the migration of the first two payment instruments, credit transfers (CTs) and direct debits (DDs), to the Single Euro Payments Area (SEPA), the Eurosystem is... 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 @ 20:17
Following the news earlier this year that JPMorgan Chase would be exiting its US prepaid business, other US banks could soon follow suit if proposed new regulations covering the sector... 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
19 Feb 14 @ 14:22
US banks could follow JP Morgan’s lead and get out of the US pre-paid market if proposed new regulatory oversight materialises, leaving the way open for the likes of American... read more
30 Jan 14 @ 00:42
A research paper written by Professor Steve Worthington, of the Department of Marketing at Monash University, has studied the impact of regulatory interventions in the Australian payment card market, over a... read more
30 Jan 14 @ 00:41
Research from London-based strategic research and consulting firm Retail Banking Research (RBR) shows that there were 54 million EFTPOS terminals installed across 35 million merchant outlets at the end of... read more
28 Jan 14 @ 11:07
Recent payment regulation, interchange proposals in Europe and the revision of the Payment Services Directive will have a significant impact on business strategies for all stakeholders going forward – reports... read more
16 Jan 14 @ 11:47
The number of ATMs installed worldwide increased by more than 180,000 during 2012 so the global ATM market reached 2.6 million at the end of the year. This is one... read more
13 Dec 13 @ 09:00
In an unsurprising reaction, the draft European Parliament report on the proposed Regulation on banking interchange fees (MIF) would water down the Commission proposal so that the majority of the... read more
19 Nov 13 @ 19:00
The European Payment Users Alliance is a group of European payment users who have come together to call for more transparency and competition in the payment market. We welcome the... read more
06 Sep 26 @ 19:31
Wero is moving further beyond its origins as a peer-to-peer payment service, with Orange becoming the first merchant in France to offer subscription bill paymen... more
06 Sep 26 @ 19:32
The European Central Bank and Banco Central do Brasil are examining whether Europe’s TIPS instant-payment infrastructure could be connected with Brazil’s hu... more
10 Sep 26 @ 15:44
US Bank has completed a live cross-border transaction using its own dollar-backed stablecoin, becoming one of the latest major lenders to test whether blockchai... more