Chile Proposes Interchange Fee Regulation
Chile has taken the first step toward regulation of interchange fees after the country’s Ministry …
Lithuania: Right of Electronic Money Institutions and Payment Institutions to Access Bank Accounts Opened with Credit Institutions
On May 28, 2020, the Bank of Lithuania released a position paper concerning the right …
Central Banks Plan Smoothing Of Cross-Border Payments
The Bank for International Settlements (BIS) is launching a new initiative to coordinate global money …
Payment Regulator Sees Scheme Fees Soaring
The Payment Systems Regulator (PSR) believes that there have been significant increases in the scheme …
Wave Or Ripple? UK Lawyers Divided Over Impact Of Visa, Mastercard Ruling
The Supreme Court’s ruling in favour of claimants in a long-running dispute with Visa and …
WhatsApp Payments Likely Out For The Year In Brazil
The fate of WhatsApp Payments in Brazil is likely to be tied to the central …
WhatsApp Payments Cut Down In Brazil
The Central Bank of Brazil has ordered Visa and Mastercard to cease processing fund transfers …
Allow Non-Bank PSPs Direct Payment System Access, Central Banks Told
Central banks should consider allowing non-bank payment service providers (PSPs) direct access to settlement accounts …
UK Ruling Could Be Beginning Of End For Interchange Fee
The UK Supreme Court’s landmark decision on interchange fees last week could be the first step …