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Strong Customer Authentication rules agreed for Europe
It was a long gestation and difficult birth but Europe finally has new requirements for strong customer authentication. They will apply across the region from 14 September 2019, bringing much-needed... more
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Growing pains: RBI orders a stop to Paytm service
The growth of Paytm has been exponential as it achieved an annual run rate of 5 billion digital transactions and $ 50 billion GTV (Gross Transaction Value) in July 2018. Paytm is... more
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Payments industry faces regulatory investigation into card acquiring services
The UK’s Payments Systems Regulator (PSR) has launched an investigation into card acquiring services and whether Britain’s big banks and payments specialists such as Worldpay and Wirecard have taken advantage... more
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Indian card fraud sky rockets as cashless Indian society reality bites
In June 2018, Indian police in Mumbai, the countries financial capital, broke the back of a card fraud and cloning racket that involved waiters at bars and restaurants across the city... more
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88% of crypto exchanges want industry regulation
Mistertango, a “crypto-friendly payment company”, has released a study highlighting that contrary to perception, 88% of crypto exchanges want industry regulation. Respondents believe regulation is needed for the industry to... more
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