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Tag: interchange fees

Judge upholds $5.6bn interchange settlement

A US federal appeals court has upheld a $5.6 billion antitrust class-action settlement between 12 million retailers and Visa and Mastercard over interchange...

Bitcoin a Risk to Profits Says Bank

“Use of emerging alternative payment platforms, such as Apple Pay or Bitcoin or other cryptocurrencies, can alter consumer credit card behavior and consequently impact...

Mastercard and Visa to face another card interchange class action suit

Mastercard and Visa are set to face another multibillion-pound UK lawsuit over Multilateral Interchange Fees (MIFs), according to Sky News. Commercial litigation...

Podcast 409: Eddie Oistacher of Peach Finance

The right lending infrastructure is what allows lenders to launch new products easily, to adapt products to changing economic conditions or to start...

Helping merchants thrive in the eye of the storm (Ryta Zasiekina)

Thanks to colossal strides in payment technology ingenuity, the world of merchant acquiring has changed drastically over the past ten years. Tried and trusted...

PagSeguro and will bank part of layoff wave in LatAm

The new wave of mass layoffs by tech companies has infected fintechs in LatAm. Brazilian companies PagSeguro and will bank — two of...

Competition in payments: The rise of A2A payments and the role of regulation (Esther Groen)

Innovation is enabling new types of payments and creating a truly dynamic ecosystem. Yet in order to create a market where new schemes like...

Axe the Card Tax campaign calls for cost of card payment review

The Axe the Card Tax campaign has called to the UK Treasury and Payments System Regulator to review the cost of card payments...

Podcast 400: Dee Choubey of MoneyLion

The neobank space is very competitive. Every company has a solid app with extensive functionality, that is a given these days. But where there...

Barclays fined £8.4m by payments regulator for breaking interchange fee rule

The UK Payment Systems Regulator (PSR) has fined banking heavyweight Barclays £8.4 million for failing to comply with the Interchange Fee Regulation (IFR). Barclays fined...

Barclays slapped with £8.4 million interchange fee fine

The Payment Systems Regulator has fined Barclays Bank £10 million for failing to supply retailers with full information about the fees attached to...

Peter Thiel backs a $23 million investment in TreeCard, a fintech startup that plants trees every time you spend

Over the years, there’s been an increase in climate change awareness as governments and organizations put in place various measures to address global warming...

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