Australia Set To Abolish High-Value Cash Payments
Paying for most goods and services with more than A$10,000 ($6,900) in cash will become …
Court Grants Mastercard Chance At Averting £14bn Class Action
Mastercard has won another chance to fend off a £14bn lawsuit over historical domestic interchange …
UK Payments Regulator Plots Shake-Up Of Enforcement Approach
The Payment Systems Regulator has unveiled a sprucing up of its approach to enforcement, boosting …
Fight Heats Up Over Fed's Role In U.S. Real-Time Payments
This week saw what could turn out to be the opening salvos in a battle …
UK: PSR Consults on Revised Powers and Procedures Guidance
On July 25, 2019, the Payment Systems Regulator (PSR) launched a consultation paper (CP19/7) with …
UK: PSR Calls for Views on Research into Cash Access, Use and Acceptance
On July 24, 2019, the Payment Systems Regulator (PSR) released a consultation paper seeking views …
U.S. Cannabis Industry's Bank Problem Gets Senate Attention
A U.S. Senate committee hearing to examine proposals aimed at enabling banks to serve legal …
UK's Financial Crime Ambitions Still Rest On Industry Engagement
The UK’s payment system operator, Pay.UK, is preparing for a more central role in fighting …
UK Open Banking Watchdog Admits Gaps Over Refunds, Recurring Payments
The body responsible for open banking in the UK has responded to fintech complaints that …