The Reserve Bank of India (RBI) has imposed restrictions on Amex and Diners Club from on-boarding new domestic customers onto their card networks from 1 May, 2021. According to RBI,…
Several Indian banks are likely to decline recurring auto-debit transactions as a new central bank…
Mastercard, allpay, APS, PFS and Sulion engaged in anti-competitive behaviour by agreeing not to compete or poach each other’s clients. That is,…
The US Federal investigators have launched a probe into American Express’ small business and consumer cards sales practices. The company…
ANZ New Zealand has admitted that it breached the Financial Markets Conduct Act 2013 (FMCA) by misleading some customers over…
The US Department of Justice (DOJ) has filed a civil antitrust lawsuit against payment behemoth Visa's $5.3bn acquisition of fintech…
The Reserve Bank of India (RBI), the country’s central bank, has issued new guidelines on credit and debit cards in order to make digital payments more secure. RBI has issued…
Visa is being investigated by the European Commission over its rules for fintech firms regarding digital wallets, The Times reported. The investigation follows concerns among regulators that some fintechs are…
Visa has received approval from the UK Competition and Markets Authority (CMA) to acquire US-based fintech startup Plaid. The approval follows a Phase I review by the CMA that looked…
US congressmen Anthony Brindisi and John Katko have said that the Internal Revenue Service (IRS) will offer a replacement card to taxpayers who obtained an Economic Impact Payment (EIP) debit…
The FCA has today announced further support for users of certain consumer credit products, who are facing financial difficulty due to Covid-19. The proposals outline the support firms would be…
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