European payments regulations passed during the financial recovery are forcing major banks to focus on their customers rather than their own interests, according to industry experts.
The EU’s Digital Single Market strategy could create regulatory arbitrage between several sectors, including e-commerce and cybersecurity, with the payments industry caught in the middle.
Taxi hailing app Uber has found itself an unlikely ally in Europe’s banking fraternity in criticising how new payment laws can be interpreted by national authorities.
In a market traditionally dominated by banks, cards and cash, early signs of promise for Latvia’s fledgling non-bank payment sector are starting to appear.
German payments companies are headed for a period of uncertainty as the country’s financial regulator BaFin considers its plans for implementing new European rules.
The first New York Bitcoin indictment case has been brought to court; the US Federal Trade Commission has asked nine companies how they conduct assessments of businesses to measure compliance with...
Payments providers are concerned that impending rules from the European Banking Authority (EBA) on security will be too prescriptive and difficult to comply with.