UK Payments Regulator Criticizes Visa and Mastercard Over Fee Hikes
The U.K.'s PSR released a critical report highlighting the lack of improvements following fee increases imposed by Visa and Mastercard.
Source: pymnts.com
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AccessPay Increases Coverage of Fraud & Error Prevention Suite With ...
AccessPay Increases Coverage of Fraud & Error Prevention Suite With ...
Source: pr-inside.com
PSPs Unlikely to Challenge Reimbursement for APP Fraud
Payment service providers are reportedly unlikely to challenge the claims that victims of authorized push payment (APP) fraud make under a new rule in the U.K.
Source: pymnts.com
Neobanks May Face Squeeze if X-Border Fee Caps Materialize
Cross-border card fees may see further caps in Europe, as recommended by U.K. regulators, which could impact neobanks banking on cross-border commerce.
Source: pymnts.com
Mastercard, Visa Cross-Border Interchange Fees Too High, U.K. Regulator Provisionally Finds -- Update
By Ian Walker The U.K. Payment Systems Regulator said that it provisionally plans to cap cross-border interchange fees on credit and debit cards as it believes Mastercard and Visa have likely...
Source: marketscreener.com