Europe’s largest payment providers have joined forces to ask authorities for a harmonised 18-month transition period before enforcing new security rules for online card payments.
Ukraine’s top financial regulator has embarked on a campaign to liberalise the country’s payments market that will allow non-banks to issue electronic money and payment cards for the first time.
National regulators are pushing for a harmonised pan-European transition period on enforcing new strong authentication rules, although consensus may not be reached until after September’s official...
Industry associations representing banks and third-party providers across the EU have reached an agreement over account access designed to minimise customer detriment once new rules take effect in...
The Payment Systems Regulator has unveiled a sprucing up of its approach to enforcement, boosting inducements for firms to settle and bringing its approach in line with other financial regulators.
Mastercard has won another chance to fend off a £14bn lawsuit over historical domestic interchange fees, the latest twist in the saga over what would be the UK’s largest-ever class action.
The future of gambling with credit cards hangs in the balance after the UK Gambling Commission confirmed it will open a consultation that is expected to end in an all-out ban.
Hong Kong’s financial regulator said it will adjust rules governing prepaid money providers, following a review of the sector’s vulnerability to money laundering and terrorist financing.
The independent complaints commissioner for the UK’s financial regulators has excoriated the Financial Conduct Authority (FCA) for myriad failings in handling complaints from regulated businesses...
The European Data Protection Board (EDPB) has published its 2018 annual report, providing an overview of the key developments of the board for the reporting period. The report summarises the board...
On July 17, 2019, the European Data Protection Supervisor (EDPS) adopted its list of the kinds of processing operations that require and those that do not require a data protection impact...
Plans for a phased introduction of strong authentication are taking shape in the UK, with influential industry groups expected to ask regulators for a delay in enforcement of at least 18 months...
On July 11, 2019, the Payment Systems Regulator (PSR) published consultation paper MR18/1.6 on its proposed approach to the profitability analysis, forming part of its market review into the supply...
Mastercard has joined retail groups across Europe in calling for a harmonised approach to the introduction of strong authentication, as authorities piece together strategies for phasing in the new...
On July 9, 2019, the government of Liechtenstein adopted a consultation report from the Ministry for General Government Affairs and Finance on a proposed bill to amend existing e-government law,...
The French central bank has confirmed it will grant payment providers more time to comply with incoming strong authentication rules, recognising widespread concerns about the technological work...

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