Mastercard To Face £14bn Case
The UK’s Competition Appeal Tribunal (CAT) has ruled that Walter Merricks CBE, the former head …
News In Brief - August 19, 2021
U.S. banks warn that a federal cybersecurity reporting bill may clash with existing rules that …
Fed Debit Card Routing Consultation Provokes Record Interest
Bigtechs, merchants and a government antitrust division are crossing swords with banks and card giants …
Bundesbank Official Calls For Pan-EU Payment Software
A senior official at the Deutsche Bundesbank has become the latest regulator to call on …
Former Deputy Director Of FinCEN Discusses Its Priorities
The U.S. government’s first-ever list of anti-money laundering priorities contains no surprises. Financial institutions should …
ECB Data Shows Cash Payments Decreasing In Eurozone
Non-cash payments increased by 3.7 percent in 2020, according to the European Central Bank’s (ECB) …
PSD2: Another Moment Of Centralisation Looms For EU
The European Banking Authority is concerned about payment services picking and choosing between EU countries …
Mastercard Hit By Supervisory Action In India
One of the world’s foremost international card schemes is in hot water with the Indian …
U.S. Credit/Debit Card Use Grows By Over 40 Percent, Big Banks Say
Combined credit and debit card volume has grown by 40-45 percent during the second quarter …