The European Commission says that the caps on the interchange fees retailers pay to process debit and credit card transactions have helped push down prices. The EC published a report... more
The post European Commission reports on Interchange Fees Regulation success appeared first on Payments Cards & Mobile.
Despite some countries, like the UK, adding further extensions to the SCA deadline, the EBA is maintaining its strict ruling that the December 2020 deadline must be met. At present,... more
The post EBA sticks to SCA decision – no further deadline extension appeared first on Payments Cards & Mobile.
The former head of embattled Wirecard has handed himself into German prosecutors after an arrest warrant was issued on Monday. Markus Braun was arrested on suspicion of false accounting and... more
The post Wirecard ex-CEO hands himself in to prosecutors in Germany appeared first on Payments Cards & Mobile.
With the deadline extension to PSD2’s Strong Customer Authentication (SCA) well underway, and the European regulators declining to extend further, there are steps that merchants must take so they can... more
The post What steps do merchants need to take to ensure SCA compliance in time for deadline appeared first on Payments Cards & Mobile.
The UK’s Supreme Court has ruled in favour of a group of retailers including J Sainsbury in the long running battle around historic interchange fees the networks charged leading to... more
The post UK Supreme Court rules against Visa and Mastercard in interchange fees battle appeared first on Payments Cards & Mobile.