Authorities in Luxembourg, Spain and Portugal have confirmed they plan to delay enforcement of incoming strong customer authentication (SCA) reforms, meaning more than half of EU member states have...
The Central Bank of the Russian Federation (CBR) has published the details of tariffs applicable when paying for goods and services through the Faster Payment System (FPS). ...
The UK has inched closer to leaving the European Union without a deal on October 31 after Prime Minister Boris Johnson chose to suspend parliament for more than a month, leaving financial services...
Belgium will allow payment providers extra time to comply with incoming EU rules on strong customer authentication (SCA) for online card payments, as more regulators look to the European banking...
Greece’s central bank has joined the ranks of national regulators granting payment services providers respite from enforcing incoming EU rules on strong customer authentication (SCA) for online...
The European Central Bank (ECB) has released an occasional paper titled “Are instant payments becoming the norm? A comparative study”, which examines the potential of instant payment services to...
E-wallet providers in the UK say they are ready to work with the country’s gambling regulator after it threatened to restrict betting using any payment method that could be funded by credit card.
Payments consultancy CMSPI has said the potential cost savings from European interchange fee reforms are being undermined, due in part to scheme fee hikes and acquirers failing to pass on savings...
Germany has confirmed it will delay enforcement of incoming EU rules on strong customer authentication (SCA) for online card payments, with the country’s regulator and banking lobby blaming...
The online gaming industry appears to have the upper hand in its battle with the U.S. Department of Justice (DOJ) over the U.S. Wire Act of 1961, but a leading gaming attorney in Washington, D.C....
International card schemes may face new compliance headaches in Russia after laws were passed designed to prevent them from complying with US and EU sanctions in the country’s banking sector.
On August 20, 2019, the Financial Supervisory Authority (Finanstilsynet) announced that it will grant an extension to the deadline of September 14, 2019 to payment service providers (PSPs) for the...
Poland’s financial regulator will delay enforcement of new strong customer authentication (SCA) rules and is happy to await further clarity on timings from Europe — even if nothing is issued until...
Visa is set to introduce a new scheme fee for payments that use the 3D Secure protocol, despite complaints from acquirers and retail groups that card acceptance costs are spiralling.
Australia’s central bank has again told off banks and acquirers for failing to comprehensively roll out least-cost transaction routing for contactless debit transactions, as industry groups claim...
On August 15, 2019, the Europay, MasterCard, Visa global standard for chip-based debit and credit card transactions (EMVCo) published a draft specification bulletin that included a change to the...

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