
UK Payments Regulator to Launch Review on Visa and Mastercard Fees
Fees charged by these two card companies have increased five-fold since Brexit. The regulator wants to understand the rationale behind the rise in fees. The
Fees charged by these two card companies have increased five-fold since Brexit. The regulator wants to understand the rationale behind the rise in fees. The
A trade group representing the banking industry is urging European Union officials exploring the creation of a digital euro to proceed slowly and carefully. The
The European Banking Authority (EBA) last week published its Guidelines specifying the role and responsibilities of the anti-money laundering and countering the financing of terrorism
The UK government has decided to remove account information service providers (AISPs) from anti-money laundering regulation. Last year, the Treasury launched a consultation on amendments
Banks and building societies will need to assess the impact of changes to their services, for example shorter branch opening times, under updated guidance proposed
European regulators are pushing for new laws that would give them the power to revoke licences for firms in serious breaches of anti-money laundering rules.
Mastercard says it will trial a biometric payment system for physical stores, using facial recognition biometrics rather than contactless cards, smartphones or memorable PINs. The Biometric Checkout
New data from PCM’s Digital and Card Payments Yearbooks 2022 reveals the overwhelming dominance of debit cards across the continent, with around seven in ten of all
Nationwide Building Society says that the introduction of Strong Customer Authentication (SCA) rules in March is helping it stop 2000 cases of online card fraud
The City watchdog has issued another warning on the risks of investing in cryptoassets, following a surge in social media posts promoting such investments. The
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