Canadian officials are floating a proposal to rework infrastructure rules to allow debit card acceptance when connectivity to payment rails is not feasible, such as mass transit, in-flight...
The EU will not extend September’s deadline for online payment security reforms but has not yet ruled out a compromise and is working on providing additional clarity to the industry, an influential...
Germany’s long-standing direct debit-based system of point of sale payments lost ground to the interbank Girocard system for the first time in 2018, with interchange fee reforms prompting merchants...
The UK's sanctions watchdog has hit prepaid card provider Travelex with enforcement action over a £204 transaction, as authorities continue to focus on tackling easily investigated cases.
On May 22, 2019, the Payment Systems Regulator (PSR) released a consultation paper setting out its proposals on its approach to the merchant survey, as part of its initiative to conduct a market...
Authorities in Europe appear to be inching closer to a compromise on incoming strong authentication rules, following sustained warnings the reforms cannot be met in time for September’s deadline.
On May 17, 2019, the European Council adopted a framework that will enable the EU for the first time to impose sanctions on those responsible (persons or entities) for cyber-attacks threatening the...
Australian acquiring banks have been put on notice by the country’s central bank over least-cost transaction routing as payment methods evolve, insisting that progress must not be stalled.
On February 13, 2019, the Financial Services Authority (FSA) in the Isle of Man released a consultation paper which sets out proposed changes to the national anti-money laundering and counter...
Industry groups are pressing regulators on whether incoming strong customer authentication rules can be delayed, arguing the drip-feed of guidance has created a “bottleneck” and left firms unable...
The UK’s competition regulator is investigating the proposed $22bn (£16.9bn) mega-merger between US financial services giant Fiserv and First Data, it announced on Monday. 
Payment providers in the United States have “tremendous confidence” that facilitating transactions linked to sports betting and online gambling will not be deemed a violation of the Wire Act,...
Rumours are swirling that European authorities may be persuaded to extend September’s deadline for demanding and controversial new security rules. However, firms hopeful the reforms will be phased...
The UK government is bringing together three financial regulators to combat serious concerns around cash availability, vowing to safeguard free access “for those who need it”.
The Payment Card Industry Security Standards Council's (PCI SSC) approval of devices validated against version 1.0 of the PCI PIN Transaction Security Hardware Security Module (PTS HSM)...
The Payment Systems Regulator has resisted calls for early intervention over ATM interchange fees, after politicians raised concerns about an apparent rapid decline in free-to-use machines.

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