Visa, Mastercard's post-Brexit pricing opens a door for competitors
The U.K.'s Payment Systems Regulator is reviewing the card brands' fees, and promises to support competition for the U.S.-based companies.
Source: americanbanker.com
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U.K.'s payment regulator to review rising Visa and Mastercard fees
The U.K.’s Payment Systems Regulator will focus a pair of market reviews on the rising card fees charged by Visa and Mastercard.
Source: americanbanker.com
Banking Bites - May 2022 #2 | Bryan Cave Leighton Paisner
Privy Council rules against extension of the Quincecare duty - Does a bank owe a duty of care to a person who is the beneficial owner of funds held in the account of a...
Source: jdsupra.com
UK Payment Systems Regulator Highlights Potential Cyber Security Risks Arising from the Situation in Ukraine | Shearman & Sterling LLP
The U.K. Payment Systems Regulator has issued a statement on the situation in Ukraine. The PSR encourages firms to reflect on how they are managing their risks related to the situation,...
Source: jdsupra.com
Time to act on "Authorised Payment" Fraud - When IT Meets Politics
Cut opportunitiies for authorised payment fraud by 90%. Mandatie confirmation of payee for ALL banks connected to the UK faster payments system.
Source: computerweekly.com