In a long-awaited and much-applauded regulatory move, the European Commission yesterday announced that providing instant payments is to become mandatory for banks across the European Union and EEA. Far from a regulatory or compliance burden, the new legislation sets the stage for a renewed wave of innovation and growth for Europe’s payments industr...
27 October 2022 /payments /predictions Frictionless Payments
Whatever side you were on in the Brexit debate, it’s hard to imagine any merchant welcoming reports of the card schemes quintupling fees for cross-border payments between the UK and EU. No longer constrained by the EU’s cap on interchange fees, Visa and Mastercard plan to increase their interchange to 150 basis points (bps) for credit card, and 115...
26 March 2021 /payments /regulation Open Banking
Don GinselFounder & CEO at Holland FinTech
Yana AfanasievaFounder & CEO at Competitive Compliance
Rob ThurnerFounder & CEO at Burn the Sky
Shabnam WazedFounder & CEO at AGAM International
Vincent GrandjeanFounder & CEO at Propellant.digital B.V.
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