Denmark strengthens its AML laws; the UK pushes sanctions reforms but scraps fraud overhaul; the European Central Bank moves ahead with establishing a new settlement service for instant payments;...
Authorities are still at a stalemate over rules forcing Visa and Mastercard to separate their schemes and processing activities, after an underwhelming scrutiny session in the European Parliament.
A “second wave” of antitrust action against Mastercard and Visa is on its way, according to the legal team supporting new claims from betting firms, retail giants and high-street shops.
On June 2, 2017 the Estonian central bank, Eesti Pank, presented the results of a survey on the impact of the regulation on interchange fees for card payments, with the main finding that the costs...
On May 31, 2017 the National Bank of Belgium (NBB) published its first report on financial market infrastructures and payment services, which provides an overview of the NBB's oversight and...
On May 31, 2017 the National Bank of Serbia (NBS) prepared and published a draft law on interchange fees and special operating rules for card-based payment transactions....
Republicans in the U.S. House of Representatives have dropped plans to remove controls on payment card “swipe” fees, as part of a planned repeal of the wide-ranging Dodd-Frank Act.
The Australian government has made an official response to the Productivity Commission inquiry into business set-up, transfer and closure....
Updated legislation has been published by U.S. policymakers, pushing forward plans to strike out restrictions on debit card swipe fees by abolishing the Durbin Amendment.
Mastercard’s attempt to gain a foothold in the non-card payments market has received a substantial boost after competition regulators approved its takeover of infrastructure provider VocaLink.
The Central Bank of Argentina has set the interchange fee caps applicable from April 1, 2017, which reduce gradually in the following years for debit and credit cards....
UK regulators are confident that new providers are eager to fight for a piece of the country’s fund transfer infrastructure market once VocaLink is no longer under bank control.
U.S. Supreme Court judges have kicked out a bid to reinstate a $5.7bn settlement over claims that Visa and Mastercard improperly fixed credit card interchange swipe fees.
The Ministry of Economy, Industry and Competitiveness, through the Treasury, issued a public consultation paper on the transposition of the EU Payment Accounts Directive (PAD) into national law,...
On March 23, 2017 the Payment Systems Regulator (PSR) released a statement on card schemes subject to domestic interchange fee caps in the UK in 2017/18....
The UK's payments regulator confirms that Amex and participating payment processors will be bound by the Interchange Fees Regulation for the next financial year; Coinbase's BitLicense in New York...

Pages