UK competition authorities have given preliminary approval to the merger between PayPal and iZettle, illustrating an increasing convergence between mobile point of sale (mPOS) and traditional card...
Visa is introducing new scheme rules that require retailers to keep transaction abandonment rates below a 5 percent threshold, a senior company figure has said.
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...
Ghana is banking on the interoperability of its payments systems as the route to greater financial inclusion, as it hopes to integrate various non-bank methods of payments to make it easier for...
The European Banking Authority's (EBA) single rulebook Q&A contains information on various regulations and directives to ensure consistent and effective application of the new regulatory...
On February 18, 2019, the Science and Technology Department of the People's Bank of China (PBOC) announced updated financial industry standards for the issuance and management of integrated circuit...
UK authorities have issued draft directions to Visa demanding it improves crisis communications, following criticism of how the card network handled a major technological outage last year.
On February 4, 2018, the Irish Department of Finance published the final version of a commissioned report that benchmarks the Irish payments industry. The report analyses the current framework of...
On January 9, 2019, the Central Bank of the Russian Federation (CBR) published a report on the results of observations of the national payment system for 2016-2018. The report provides a review of...
On January 8, 2019, the president of the Reserve Bank of India (RBI) issued a notification addressed to all card payment networks authorised by the bank and operating in the country listing...
UK industry insiders have downplayed fears that contactless card fraud is rocketing, after questions arose over the accuracy of alarming new figures that were widely reported over the weekend.
Despite the diversity of the Asian, Pacific, African and Middle Eastern markets, in all four a clutch of similar trends emerged around regulatory innovation and taking advantage of emerging...
On December 20, 2018, the U.S. Payments Forum, a cross-industry body focused on addressing issues that require broad cooperation and coordination across many participants in the payments industry,...
On December 14, 2018, EMVCo, in line with its vision to facilitate worldwide interoperability and acceptance of secure payment transactions, released an updated version of the EMV® 3-D Secure (3DS)...
On November 29, 2018, the European Payments Council (EPC) released its 2018 report on payment threats and fraud trends, reflecting on developments concerning security threats and fraud in the...
On November 13, 2018, the Central Bank of Bahrain announced the standardisation of the specifications in regard to the merchant presented quick response code (QR code) used by all participants in...

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