11 Nov 14 @ 12:00
TSYS has released its white paper titled “How Issuers in Germany Can Replace Threatened Interchange Fees.” The paper explores the financial threat to German issuers of proposed changes to the... read more
10 Nov 14 @ 10:58
According to the term sheet, which was picked up by equity analyst at Keefe, Bruyette & Woods, Sanjay Sakhrani, Apple Pay will receive 15 basis points (0.15 percent) per credit... read more
30 Sep 14 @ 14:22
Non-cash payments volumes are expected to grow 9.4% to reach 366 billion transactions in 20131, fueled by strong growth in developing markets and the use of credit (up 9.9%) and... read more
26 Sep 14 @ 13:34
According to news out of the US, the Federal Reserve Board says it will leave its debit card interchange cap for large issuers unchanged despite finding that some of their important... read more
24 Sep 14 @ 10:58
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
18 Sep 14 @ 09:28
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 of... read more
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
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Believing they will fare better independently, some large US retailers have withdrawn from a proposed $7.2 billion credit card fee settlement class-action over a reported conspiracy to inflate credit card fees....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
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
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
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
14 Nov 13 @ 17:45
Seamless has continued its rapid rise in the mobile wallet space with its SEQR. A collaboration with bpost bank in Belgium has been announced that will enable consumers to connect... read more
26 Jul 13 @ 01:30
Barclaycard announces that it has partnered with Sysnet Global Solutions to provide PCI DSS compliance validation services to its UK based merchant customers. In the accompanying press release Internal Market... 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