A United Nations report has praised regulators in China for their “wait and see” approach to its multi-trillion dollar mobile payments market, although experts are dubious about policymakers’...
The European Payments Council (EPC) has published the minutes from the second meeting on mobile contactless SEPA card payments conducted on February 21, 2017, in which the group decided to seek to...
Allowing Australian banks to negotiate collectively with Apple for access to its contactless payment technology would have done little, if anything, to increase competition in the card and digital...
The Australian Competition & Consumer Commission (ACCC) has issued a determination denying authorisation to four banks to collectively bargain with Apple for access to its near field...
Global technology giant Apple has won its legal battle against a group of Australian banks, after antitrust regulators denied them permission to bargain collectively for access to Apple Pay’s...
Following a public consultation, which was carried out between June 1, 2016 and September 1, 2016, the European Payments Council (EPC) has published version 5.0 of its white paper on mobile...
Kenyan regulators have denied wanting to force M-Pesa owner Safaricom to spin off the mobile payments service this week, following reports that officials were poised to intervene in the market.
The European Payments Council (EPC) released its consultation on mobile payments with the aim to assist in the evolution of an integrated market for payments by mobile phone across the Single Euro...
Kenya's mobile payments system M-Pesa has been slated by U.S. officials over its alleged vulnerability to money laundering, in rare criticism for a service widely praised for boosting financial...
Safaricom is reportedly under pressure to spin off mobile money service M-Pesa; the Bank of England outlines its plans for a new payments architecture; and Lithuania continues its fintech reforms.
Experts are anticipating that a new Indian payments regulator recently approved by the government will help liberalise the non-bank financial market, while a central bank chief warns against...
The Australian antitrust regulator is in a “fraught” position, legal experts say, in deciding whether four major banks should be allowed to negotiate collectively with Apple over access to its...
More than 100 Norwegian banks have teamed up to ward off fears that regulatory reforms could threaten their position in the market, jointly taking a stake in the country’s largest mobile payment...
European lawmakers push back the 4th AMLD vote; UK super-lobby picks Merrill Lynch veteran as chairman; U.S. firms face probes on security, competition and money laundering; and Australian banks...
On January 26, 2017 Ant Financial Services Group, one of the world’s leading digital financial services providers and parent company of Alipay, announced the acquisition of MoneyGram, the global...
Government officials and financial regulators in Bangladesh are considering introducing incentives to bolster the country’s ailing remittance market as the value of incoming funds tumbles.

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