Honesty Is The Best Policy As Eurozone Preps For Settlement System Overhaul
Central bank officials have urged banks to “be honest” about the state of their progress …
U.S. Sanctions Enforcers Extend Reach Further Than Ever As UK Bank Fined
A UK bank has agreed to pay a penalty to the United States’ sanctions enforcer …
Wave Of Payments Consolidation Faces Regulatory, Political Barriers
Research by consultancy giant McKinsey has suggested the pressure on payments firms to achieve scale has …
Banks And Card Networks Face Threat From POS Instant Payments, Reports Warn
The prospect of instant payments at the point of sale (POS) could pose an unprecedented …
Retailers Call For Action On Accelerating Scheme Fee Hikes
An influential UK retail group has said that fees set by Visa and Mastercard increased …
Libra Could Dethrone The Dollar, ECB Official Says
The head of the G7 group analysing the proposed Libra payment system has called for …
Campaigners Seek New Laws On UK Cash Crisis, Say Industry Action 'Not Enough'
Campaigners have written to UK Chancellor Sajid Javid pleading for new legislation that protects free …
New Payments Behemoth Emerges As EU Approves $21.5bn Merger
The European Commission has approved a $21.5bn merger between payment giants TSYS and Global Payments …
India: RBI Publishes Discussion Paper on Guidelines for Payment Gateways and Payment Aggregators
The Reserve Bank of India (RBI) has published a discussion paper on guidelines for payment gateways …