On February 8, 2018 the Central Bank of Russia (CBR) launched a consultation on the draft Financial Inclusion Strategy for 2018-2020....
On February 8, 2018 the Central Bank of Russia (CBR) published guidelines for financial technologies development for 2018-2020, which determine the main goals and objectives for the development of...
On January 22, 2018, the Communications Authority in Kenya announced an interoperability agreement between mobile network operators in the country, following its decision to reduce the costs of...
On January 24, 2018, the PCI Security Standards Council (PCI SSC) published a new security standard for entry to commercial off-the-shelf (COTS) devices, like smartphones, with the use of a...
On January 25, 2018, the Consumer Financial Protection Bureau (CFPB) released the final version of its prepaid account rule, which was originally drafted in 2016, making changes based on feedback...
On January 25, 2018 the Ministry of Finance of the Russia Federation published a draft federal law "on digital payment assets", which aims to regulate the creation, issuance, storage and...
China’s mobile payment giants are set to take a knock to profits under new central bank rules that restrict the amount of client funds firms can invest in interest bearing accounts.
Much needed improvements to India’s national digital identity scheme are set to boost confidence in the system and relieve pressure on payment companies to keep data on “lockdown”.
On October 26, 2017 the European Payments Council (EPC) published a consultation on the mobile contactless SEPA card payments implementation interoperability guidelines (MCP IIGs)....
On January 4, 2018, the People’s Bank of China (PBOC) published Interim Notice no. 296 on Issuing Provisions on Barcode and QR Code Payment Business Standards, supplemented with interim provisions...
The European payments industry is entering a landmark year for regulatory reform, spearheaded by the introduction of the revised Payment Services Directive (PSD2), tighter controls on financial...
The global payments industry has undergone a year characterised by conflict — between traditional financial institutions and emerging technologically savvy rivals, and between regulators,...
Public-private partnerships, interoperability and leveraging digital identities are key to unlocking markets in Africa where electronic payments have struggled to take hold, according to experts.
On November 27, 2017, the Bank of Israel published an announcement regarding the full implementation of the Electronic Check Clearing Law, as part of its cheque settlement reform....
On November 27, 2017, the European Central Bank (ECB) published a paper, "The use of cash by households in the euro area"....
A Danish consumer watchdog has accused Apple’s mobile payments arm of flouting controls on interchange fees, calling on national competition regulators to investigate.

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