In Depth: Card Authentication Row Escalates As EBA Asked To Delay Reforms
European payments and retail groups have pleaded with authorities to let them use a payer’s …
Experts Divided Over Effectiveness Of U.S. Swipe Fee Caps
Industry experts remain split on whether interchange fees should be dropped further in the U.S., …
PSD2: Regulator Responds To Whitelisting And Fraud Rate Queries
The European Banking Authority has responded to uncertainty over the application of incoming authentication rules, …
UK Budget 2018: Retailers Urge Government To Boost Third Parties, Cut Card Costs
A major British retail group has called on the government to use next week’s budget …
Fraudsters Find New Ways To Exploit U.S. Chip Card Confusion
As the U.S. continues to grapple with the shift from card swiping to chip and …
European Working Groups Seek Clarity On Mobile Instant Payments
A new industry group is working to establish a set of use cases for mobile-initiated …
U.S. Federal Authorities Fine Bitcoin Scammer $2.5m
The Commodity Futures Trading Commission’s first anti-fraud enforcement action involving Bitcoin has culminated with a …
PSD2: European Commission Should Demand More From APIs, Retailers Argue
Two influential retail groups have written to the European Commission to appeal for a “workable …
Authorities Reveal Rise In U.S. Payment Fraud, Issue Warning Over Prepaid
Fraudulent non-cash payments surged by more than $2.2bn in the U.S. between 2012 and 2015, …