Visa, Mastercard and American Express have each complained to Polish legislators over their approach to surcharging under incoming EU reforms, amid fears that transposition will not be completed on...
The UK’s Financial Conduct Authority (FCA) has said it is “concerned” by reports from firms involved in its regulatory sandbox that banks are refusing to offer services to payments innovators.
“Dramatic changes” to Hong Kong’s financial regulatory landscape are long overdue, legal experts believe, as competition from neighbouring fintech hubs piles pressure on a traditionally bank...
Consumer protection regulators in the United States have set out expectations for third-party access to financial accounts, clarifying rules around payment authorisation, data security and...
An influential group of European banks has suggested distributed ledger technology could solve issues around third-party registers and consumer consent under the revised Payment Services Directive ...
Australia’s top payments regulator is optimistic that an extensive overhaul of the country’s fund transfer infrastructure will boost competition, drive innovation and reduce fraud.
From October 16, 2017, IBM and Dream Payments will collaborate to make available new revenue generating mobile payments through the use of the IBM Cloud to merchants and financial institutions in...
The German federal court has ruled that online retailers cannot offer payment initiation services that use credential-sharing as the only means of surcharge-free payment.
The hard work of harmonisation under the revised Payment Services Directive (PSD2) will be driven by businesses and consumers before it is codified by the regulators, industry experts believe.
European Commission enforcers carried out dawn raids on an unspecified number of banking and payment associations last week, seizing computers and documents, after suspicions were raised about...
UK regulators have downplayed fears that delays to EU payment reforms will have a serious impact on providers operating in multiple member states, although admitted some third-party providers could...
The European Banking Authority (EBA) must be “mindful” of complexity at member state level, national regulators have said, as it prepares to issue draft guidelines covering the transitional period...
Irish authorities have vowed to publish guidelines soon on authorisation under the revised Payment Services Directive (PSD2), as the payments sector makes its final preparations for the reforms.
The Australian Payments Council has made a submission to the Treasury's Review into Open Banking in Australia, as it supports the development of the Australian payments system to ensure continuous...
Dutch officials’ decision to delay transposition of the revised Payment Services Directive (PSD2) has created complications around licensing, passporting and third party account access.
Italy’s transposition of EU payments reforms looks likely to come in on time, setting the country apart from a growing number of other member states, but with little detail beyond the level one text.

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