UK payments firms face a patchwork of options across the EU in case of a hard Brexit, legal experts have warned, with only a handful of member states putting together temporary licensing regimes...
Financial services and trade experts believe the vast majority of UK firms are finally prepared for life after Brexit, having been forced by ongoing political uncertainty to put emergency market...
The UK’s Grand National Festival will see unaware gamblers spend £16m on credit card fees, according to research undertaken by TotallyMoney, a UK credit eligibility and comparison firm.
A bill designed to help break the impasse that has long kept legal cannabis businesses in the U.S. from accessing banking services has passed a key step toward approval by the House of...
European firms passporting into the UK will have more time to apply for its temporary permissions regime, allowing them to continue operating in the event of a no-deal Brexit, the Financial Conduct...
Retail groups in the U.S. have called for tighter restrictions on interchange fees and transaction routing, after a Federal Reserve report suggested falling costs for issuers are not being passed...
The UK government needs to lay out a clear vision for the future of cash before regulators can begin work to protect the country’s ATM network, a member of the Access to Cash Review working group...
On March 25, 2019, the Financial Supervisory Commission (FSC) published a draft bill in parallel with a consultation regarding the development regulations to assist with financial innovation and...
With the U.S. Consumer Financial Protection Bureau’s (CFPB) long-gestating final rule on prepaid accounts just a week away from implementation, it will soon become clear just how well prepaid card...
The Australian payments industry is on the cusp of rolling out a self-regulatory framework to “solve” spiralling card-not-present fraud by establishing a risk-based approach to strong customer...
On March 14, 2019, the Payment Systems Regulator (PSR) released a policy statement outlining its decisions regarding changes to the General and Specific Directions originally issued in March 2015 (...
The uncertainty enveloping UK payments firms’ ability to continue doing business in the European Economic Area (EEA) after the UK leaves the EU worsened on Tuesday after a parliament shot down...
The Bank of England on Friday directed payments behemoth Visa to fully implement the recommendations of an external report combing the company’s response to a major service outage last year.
The European Union’s amended cross-border payments law will come into effect in December after the European Council rubber-stamped changes that will reduce fees for cross-border payments involving...
The time has come for a more coordinated approach to acquiring across Europe and the rest of the world, say experts who claim that even the most nimble fintechs are struggling to navigate the...
On February 22, 2019, the Ministry of Justice released a public consultation on a draft regulation with regard to the risk assessment for money laundering and terrorist financing purposes, under...

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