Swiss Payment News Today : Breaking News, Live Updates & Top Stories | Vimarsana

From August 2024, large banks in Switzerland shall be able to process Instant Payments. The European Commission even goes one step further and wants to make…

News Credit cards are payment option with highest turnover in Switzerland, study shows. Monday 10 May 2021 15:30 CET | News The study was conducted through online surveys as well as with public data from the Swiss National Bank (SNB). A total of 1400 people between the ages of 18 and 75 were interviewed between November and mid-December 2020. The study showed that credit cards are now the means of payment with the highest turnover (24%) in Switzerland. Compared to 2020, the credit card has displaced the debit card from the top position. According to the study, this is due to the increase ...

Surveys and Reports Regulatory Developments United Kingdom: FCA publishes feedback statement on Open Finance Some of the key findings that the FCA draws out in its feedback statement are: A legislative framework would be needed for open finance to develop fully, both to provide any statutory right to data access and to support a regulatory framework. In addition to the regulatory framework, the following building blocks would be needed for a sustainable open finance ecosystem to develop – either in support of voluntary adoption or to support future legislation: consumer protections informed...