Skip to content
payments regulation RSS
Long Read: Payments regulation and the systemic perimeter
On 20 July 2022, HM Treasury published a consultation and call for evidence on the government’s approach to reforms to the payments regulation landscape, including the systemic payments perimeter of the... read more
The post Long Read: Payments regulation and the systemic perimeter appeared first on Payments Cards & Mobile.
Varying regulation between regions hampers innovation
Different approaches to the regulation of new payments technologies is creating confusion and uncertainty for payments companies and consumers within different regions and between countries. This uncertainty risks impeding innovation... more
The post Varying regulation between regions hampers innovation appeared first on Payments Cards & Mobile.
PSD2 and Open Banking an uneven playing field says Santander Head
PSD2 and Open Banking regulations need to be reformed says the head of Santander, the eurozone’s biggest retail bank, calling for the EU’s flagship new payments regulation to be reviewed to avoid hamstringing banks’ ability to compete with large technology groups. Ana Botín, executive chairman of Santander, told the FT that the EU’ s Second [...]
The post PSD2 and Open Banking an uneven playing field says Santander Head appeared first on Payments Cards & Mobile.
Retailers to benefit as banks open networks in compliance with new payments regulations
Retail companies could become the new face of everyday financial transactions once the Revised Payments Services Directive, known as PSD2, goes into effect in the European Union in January. PSD2 requires banks to grant third-party providers – such as retail merchants – access to a consumer’s online account/payment services in a regulated and secure way, [...]
The post Retailers to benefit as banks open networks in compliance with new payments regulations appeared first on Payments Cards & Mobile.
Whose regulation is it anyway and why it is so important
Sometime it is difficult enough for the industry to keep up with new technology threats and opportunities domestically, let alone regionally or internationally. Given the frenetic pace with which new technology is hitting the market, it is understandable for industry professionals to focus on the technology and worry about how this will sit in the market [...]
The post Whose regulation is it anyway and why it is so important appeared first on Payments Cards & Mobile.
