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Court of Appeal unanimously dismisses Mastercard interchange fee appeal
The UK’s Court of Appeal has today dismissed Mastercard’s appeal against the Competition Appeals Tribunal decision in which a class action law suits was bought against the company for unfair... read more
The post Court of Appeal unanimously dismisses Mastercard interchange fee appeal appeared first on Payments Cards & Mobile.
J.P. Morgan launch Open Banking play with “Pay-by-Bank” in US
Consumers are looking for greater choices like mobile payments, crypto wallets, and person-to-person payment apps, which are taking their place alongside staple payment methods like cards and bank-to-bank ACH payments. The latest... read more
The post J.P. Morgan launch Open Banking play with “Pay-by-Bank” in US appeared first on Payments Cards & Mobile.
Visa, Mastercard and AmEx go big on earnings – Discover down
Its that time again…and its been another stellar quarter for most of the big payments companies even as the rival Big Tech sector has seen a sell off. Strong consumer... read more
The post Visa, Mastercard and AmEx go big on earnings – Discover down appeared first on Payments Cards & Mobile.
Indian Central Bank lifts Mastercard issuing ban
The India Central Bank has lifted its restrictions on Mastercard issuing new cards in the domestic market, nearly a year after imposing the ban, after it demonstrated “satisfactory compliance” with... read more
The post Indian Central Bank lifts Mastercard issuing ban appeared first on Payments Cards & Mobile.
Australian competition authority sues Mastercard for anti-competitive pricing
Mastercard finds itself in the dock with the Australian Competition and Consumer Commission (ACCC) which has launched an civil action over alleged anti-competitive pricing activity in the card payments market.... read more
The post Australian competition authority sues Mastercard for anti-competitive pricing appeared first on Payments Cards & Mobile.
