AARP launches awareness initiative against gift card scams
AARP, a non-profit organisation group for older Americans, has launched a three-year initiative to raise awareness on gift card scams.…
Indian banks to decline auto payments as new guidelines take effect
Several Indian banks are likely to decline recurring auto-debit transactions as a new central bank mandate is set to become effective from 1 April. The move is anticipated to impact…
31 Mar 2021
European banks plan to build local rival to Mastercard and Visa by 2025
European banks are working on plans to establish a pan-European payment network by 2025 to challenge the dominance of Mastercard and Visa in the eurozone. The European Payments Initiative (EPI),…
25 Feb 2021
CCE taps ACI and Mastercard to modernise payments in Peru
Cámara de Compensación Electrónica (CCE) has tapped ACI Worldwide and Mastercard to accelerate financial institutions' access to Mastercard's instant payment service in Peru. Mastercard's service is set to enter industry…
22 Feb 2021
BNPL sector faces tougher restrictions as FCA publishes review
The buy-now-pay-later (BNPL) sector faces tougher restrictions after the UK's Financial Conduct Authority (FCA) published a review into the unsecured credit market. The Woolard Review sets out how regulation can…
02 Feb 2021
2021 forecasts: Temenos sees significant shift to cloud payments
Experts from the cards and payments sector discuss with Douglas Blakey and Evie Rusman the prospects and key priorities for the sector in 2021 Shift to cloud tech One of the biggest shifts we…
29 Jan 2021
FCA considers raising contactless limit from £45 to £100
The Financial Conduct Authority (FCA) has announced it will soon be seeking views on raising the contactless limit from £45 to £100. In a statement released today, the regulator said…
27 Jan 2021