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UK PSR to review Visa and Mastercard scheme and interchange fees
The UK’s Payment Systems Regulator (PSR) has set out its plans showing how it proposes to carry out two market reviews focusing on card fees. One looks at scheme and... read more
The post UK PSR to review Visa and Mastercard scheme and interchange fees appeared first on Payments Cards & Mobile.
Irish mobile payments app Synch gets regulatory approval
In mid-January 2021 the four of Irelands largest banks joined forces to launch an instant payments digital payment app, dubbed Synch, that they intended to promote to help fend off... read more
The post Irish mobile payments app Synch gets regulatory approval 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.
What the staggered implementation of ISO 20022 means for financial services firms
November 2022 marks the point of migration for some of the top global payment infrastructures to ISO 20022, an international standard for exchanging electronic messages between financial institutions, covering cards,... read more
The post What the staggered implementation of ISO 20022 means for financial services firms appeared first on Payments Cards & Mobile.
US Fed inflation fears spark bitcoin and crypto price crash
The latest bitcoin and crypto sell-off was sparked by fears the Federal Reserve could put its “foot on the gas” in its fight to drive down inflation after the latest... read more
The post US Fed inflation fears spark bitcoin and crypto price crash appeared first on Payments Cards & Mobile.
