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ABN AMRO, Biometrics, Daily news, e-ID, ID & pay, Identity, M-Commerce, Mobile payments, Products -

ABN AMRO says it will introduce a new streamlined product, ID & pay, an app that replaces cumbersome onboarding and payment processes with a single online identification and payment functionality... read more

The post ABN AMRO introduces ID & pay: e-ID with payment functionality appeared first on Payments Cards & Mobile.

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Acquiring, Daily news, E-Commerce, Interchange Fee, interchange fees, Issuing & Acquiring, M-Commerce, Multilateral Interchange Fees, Multilateral Interchange Fees (MIFs), Payments News, POS Terminals, Regulation -

A significant class action lawsuit has been served against Visa and Mastercard at the UK’s specialist competition tribunal on behalf of a large number of claimants seeking damages for allegedly... read more

The post Class action lawsuit served against Visa and Mastercard to contest interchange fees appeared first on Payments Cards & Mobile.

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Acquiring, card not present, card not present debit card transactions, Daily news, Debit card, debit card transactions, E-Commerce, Issuing & Acquiring, M-Commerce, payment card networks, Regulation -

The Federal Reserve Board has finalised updates to the its rule concerning debit card transactions. Pursuant to statute, the updates specify that debit card issuers should enable at least two... read more

The post Federal Reserve finalises rule concerning card not present debit card transactions appeared first on Payments Cards & Mobile.

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Daily news, E-Commerce, E-Money, Issuing & Acquiring, M-Commerce, MIR, POS Terminals, Regulation, Russia sanction -

The US has been applying considerable pressure on countries it sees as helping Russia evade the sanctions placed on it due to its invasion of Ukraine. This week, three Turkish... read more

The post Turkish banks forced to drop Mir as US sanctions pressure grows appeared first on Payments Cards & Mobile.

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