frame_main_header_title
  Home / News / Regulation frame_main_breadcrumb_about frame_main_breadcrumb_contact    
 
10 DECEMBER 2018
This is the site of Card & Payments World, the well respected international newsletter providing in depth information on mobile, card and online payments. Subscribe to access this daily news and resource site. Subscribers also receive 11 printed newsletters a year.

More than just a technology title. Read more

Banner
  Main story  
     
 
article thumbnail Wednesday, 24 October 2018

Will consumers make use of Open Banking?
Survey finds lack of awareness a first major stumbling block
Nine months before the deadline for Open Banking, the vast majority of UK citizens who were questioned had no idea what it was. Read more ...

 
     

Latest feature
     
 
SPECIAL REPORT: Chinese payment giants “light years ahead”

Customer loyalty chief tenet of model
Alipay acceptance at 7-Eleven
US$15.5 trillion in mobile payments in 2017

China has embraced mobile payments with such enthusiasm, the rest of the world appear to be technology deniers. Alipay and WeChat, the main protagonists, score in terms of technology, user friendliness, number of users and ubiquity. Their data analytics are central to everything they do.


Read more ...
 
     
 
Don't miss
     
 
 
     

 
 Latest news 
 
Month's news
 
   Most read  
 
     
 
article thumbnail Card & Payments World | News - RegulationMonday, 20 August 2018

EU agrees Strong Customer Authentication rules
Uncertainties remain
One in four transactions will be affected

The European Union has finally has new requirements for strong customer authentication which will apply across the region from September 14, 2019. Read more ...

article thumbnail Card & Payments World | News - RegulationWednesday, 15 August 2018

New FCA rules makes it easier for consumers to compare
How likely is it that a bank be recommended by users?

From today (15 August 2018), banks must publish information on how likely people would be to recommend their bank – as well as its online and mobile banking, branch and overdraft services – to friends, relatives or other businesses.  Read more ...

Card & Payments World | News - RegulationTuesday, 08 May 2018

Fintech launches PSD2 developer portal
Access to bank APIs
Read more ...

article thumbnail Card & Payments World | News - RegulationFriday, 04 May 2018

GDPR phishing warning
Emails pose as consent-seeking requests from major companies
Read more ...

Card & Payments World | News - RegulationTuesday, 01 May 2018

NPSO takes over responsibility for payment schemes
Move will reduce complexity and risk, says new system operator
Read more ...

Card & Payments World | News - RegulationThursday, 26 April 2018

Mastercard appoints GDPR expert as chief privacy officer
New appointee based in Brussels
Read more ...

Card & Payments World | News - RegulationWednesday, 25 April 2018

Google says it is GDPR ready
Firm under fire for attempting to ’shield’ itself from new data rules Read more ...

article thumbnail Card & Payments World | News - RegulationWednesday, 25 April 2018

37% of FS firms to miss GDPR deadline
Managed services counts for biggest share of compliance expenditure Read more ...

article thumbnail Card & Payments World | News - RegulationMonday, 09 April 2018

EC takes aim at crossborder transaction fees
- Bank revenues under threat
- Regulators also target currency conversion transparency Read more ...

article thumbnail Card & Payments World | News - RegulationFriday, 06 April 2018

India cracks down on VCs and payments storage
Measures follow concerns over security and regulatory supervision Read more ...

article thumbnail Card & Payments World | News - RegulationTuesday, 27 March 2018

Fintech job vacancies soar after PSD2
Cryptocurrency expertise also in demand
Read more ...

article thumbnail Card & Payments World | News - RegulationThursday, 22 March 2018

China opens door to foreign payments players
Third party providers can apply for licences
Read more ...

Card & Payments World | News - RegulationTuesday, 13 March 2018

Canada implements new credit risk model
First step in plan to modernise retail payments Read more ...

article thumbnail Card & Payments World | News - RegulationThursday, 15 February 2018

Amex loses fight on co-brand card charges
Decision could lead to cull of rewards cards
Read more ...

Card & Payments World | News - RegulationThursday, 15 February 2018

ECB dismisses calls for cryptocurrency regulation
US Treasury official demands stronger international measures Read more ...

article thumbnail Card & Payments World | News - RegulationMonday, 20 August 2018

EU agrees Strong Customer Authentication rules
Uncertainties remain
One in four transactions will be affected

The European Union has finally has new requirements for strong customer authentication which will apply across the region from September 14, 2019. Read more ...

article thumbnail Card & Payments World | News - RegulationWednesday, 15 August 2018

New FCA rules makes it easier for consumers to compare
How likely is it that a bank be recommended by users?

From today (15 August 2018), banks must publish information on how likely people would be to recommend their bank – as well as its online and mobile banking, branch and overdraft services – to friends, relatives or other businesses.  Read more ...

Card & Payments World | News - RegulationTuesday, 08 May 2018

Fintech launches PSD2 developer portal
Access to bank APIs
Read more ...

article thumbnail Card & Payments World | News - RegulationFriday, 04 May 2018

GDPR phishing warning
Emails pose as consent-seeking requests from major companies
Read more ...

Card & Payments World | News - RegulationTuesday, 01 May 2018

NPSO takes over responsibility for payment schemes
Move will reduce complexity and risk, says new system operator
Read more ...

Card & Payments World | News - RegulationThursday, 26 April 2018

Mastercard appoints GDPR expert as chief privacy officer
New appointee based in Brussels
Read more ...

Card & Payments World | News - RegulationWednesday, 25 April 2018

Google says it is GDPR ready
Firm under fire for attempting to ’shield’ itself from new data rules Read more ...

article thumbnail Card & Payments World | News - RegulationWednesday, 25 April 2018

37% of FS firms to miss GDPR deadline
Managed services counts for biggest share of compliance expenditure Read more ...

article thumbnail Card & Payments World | News - RegulationMonday, 09 April 2018

EC takes aim at crossborder transaction fees
- Bank revenues under threat
- Regulators also target currency conversion transparency Read more ...

article thumbnail Card & Payments World | News - RegulationFriday, 06 April 2018

India cracks down on VCs and payments storage
Measures follow concerns over security and regulatory supervision Read more ...

article thumbnail Card & Payments World | News - RegulationTuesday, 27 March 2018

Fintech job vacancies soar after PSD2
Cryptocurrency expertise also in demand
Read more ...

article thumbnail Card & Payments World | News - RegulationThursday, 22 March 2018

China opens door to foreign payments players
Third party providers can apply for licences
Read more ...

Card & Payments World | News - RegulationTuesday, 13 March 2018

Canada implements new credit risk model
First step in plan to modernise retail payments Read more ...

article thumbnail Card & Payments World | News - RegulationThursday, 15 February 2018

Amex loses fight on co-brand card charges
Decision could lead to cull of rewards cards
Read more ...

Card & Payments World | News - RegulationThursday, 15 February 2018

ECB dismisses calls for cryptocurrency regulation
US Treasury official demands stronger international measures Read more ...

article thumbnail Card & Payments World | News - RegulationTuesday, 30 January 2018

GDPR: Firms to spend 10k hours searching databases
Only 35% of SMEs have record of customer consent Read more ...

article thumbnail Card & Payments World | News - RegulationFriday, 26 January 2018

GDPR compliance levels are ‘varied’, EC admits
Only two countries have so far adopted regulation Read more ...

Card & Payments World | News - RegulationTuesday, 23 January 2018

PSR recruits for end-user advisory council
Applications open until February 5
Read more ...

article thumbnail Card & Payments World | News - RegulationFriday, 19 January 2018

New EC card rules come into effect
Merchants will get more choice of network Read more ...

article thumbnail Card & Payments World | News - RegulationMonday, 15 January 2018

MEPs urged to back PSD2 authentication proposals
New ‘fallback’ option for third party access to bank customer data is welcomed Read more ...

article thumbnail Card & Payments World | News - RegulationMonday, 15 January 2018

PSD2 a “double-edged sword” for SMEs
Criticism of no card fee requirement Read more ...

article thumbnail Card & Payments World | News - RegulationFriday, 12 January 2018

Today’s big PSD2 question
Day 13: The links between PSD2 and NIS for major incident reporting

Every day in the countdown to the EU Second Payments Services Directive (PSD2) coming into effect on 13 January 2018, we answer a question on the implications of different parts of the directive for the payments sector. Read more ...

article thumbnail Card & Payments World | News - RegulationThursday, 11 January 2018

Today's big PSD2 question:
Day 12: Are retailers prepared?

Failure to recognise the positive impact and opportunities Read more ...

article thumbnail Card & Payments World | News - RegulationWednesday, 10 January 2018

Today’s big PSD2 question
Day 11: The links between PSD2 and GDPR for reporting major incidents

Every day in the countdown to the EU Second Payments Services Directive (PSD2) coming into effect on 13 January 2018, we answer a question on the implications of different parts of the directive for the payments sector.
Read more ...

article thumbnail Card & Payments World | News - RegulationTuesday, 09 January 2018

Today’s big PSD2 question
Day 10: Major incident reporting under PSD2

Every day in the countdown to the EU Second Payments Services Directive (PSD2) coming into effect on 13 January 2018, we answer a question on the implications of different parts of the directive for the payments sector.
Read more ...

article thumbnail Card & Payments World | News - RegulationFriday, 05 January 2018

New FCA and PSR chair named
Financial crisis lawyer takes twin roles at regulators Read more ...

article thumbnail Card & Payments World | News - RegulationFriday, 05 January 2018

Today’s big PSD2 question
Day 8: What are the risks for banks?

Every day in the countdown to the EU Second Payments Services Directive (PSD2) coming into effect on 13 January 2018, we answer a question on the implications of different parts of the directive for the payments sector. Read more ...

article thumbnail Card & Payments World | News - RegulationThursday, 04 January 2018

Today’s big PSD2 question
Day 7: Will Open Banking lead to the demise of traditional banks?

Every day in the countdown to the EU Second Payments Services Directive (PSD2) coming into effect on 13 January 2018, we answer a question on the implications of different parts of the directive for the payments sector. Read more ...

article thumbnail Card & Payments World | News - RegulationWednesday, 03 January 2018

Today’s big PSD2 question
Day 6: Will PSD2 lead to partnerships outside the payments ecosystem?

Every day in the countdown to the EU Second Payments Services Directive (PSD2) coming into effect on 13 January 2018, we answer a question on the implications of different parts of the directive for the payments sector. Read more ...

Card & Payments World | News - RegulationTuesday, 02 January 2018

Lawyer emerges as favourite to chair PSR and FCA
Current boss departs in March Read more ...

article thumbnail Card & Payments World | News - RegulationTuesday, 02 January 2018

Today’s big PSD2 question
Day 5: What has been the response to PSD2 from payment services providers?

Every day in the countdown to the EU Second Payments Services Directive (PSD2) coming into effect on 13 January 2018, we answer a question on the implications of different parts of the directive for the payments sector. Read more ...

article thumbnail Card & Payments World | News - RegulationFriday, 29 December 2017

Today’s big PSD2 question
Day 4: The problem of low-value remote transactions
In the countdown to PSD2 on 13 January 2018, we answer a question a day on the implications of different parts of the directive for payments. Read more ...

article thumbnail Card & Payments World | News - RegulationFriday, 29 December 2017

GDPR golden nugget
Today: How online retailers will be affected

The EU General Data Protection Regulation (GDPR) comes into force on 25 May 2018 and will impact on the data handling practices of every company in Europe. Each day over the festive period, we suggest a specific issue you should be considering. Read more ...

article thumbnail Card & Payments World | News - RegulationThursday, 28 December 2017

Today’s big PSD2 question
Day 3: Explaining the Grey Period

In the countdown to PSD2 on 13 January 2018, we answer a question a day on the implications of different parts of the directive for payments. Read more ...

article thumbnail Card & Payments World | News - RegulationWednesday, 27 December 2017

Today’s big PSD2 question
Day 2: How will the key changes affect the payments business?

In the countdown to PSD2 on 13 January 2018, we answer a question a day on the implications of different parts of the directive for payments. Read more ...

article thumbnail Card & Payments World | News - RegulationFriday, 22 December 2017

Today’s big PSD2 question
Day 1: What is PSD2?
In the countdown to PSD2 on 13 January 2018, we answer a question a day on the implications of different parts of the directive for payments. Read more ...

Card & Payments World | News - RegulationFriday, 22 December 2017

GDPR golden nugget
Today: Sending data to a mailing house
Read more ...

article thumbnail Card & Payments World | News - RegulationWednesday, 13 December 2017

Today’s payments question:
What happens when PSD2 comes into force?

Industry experts give their opinions on the major issues facing the payments industry. Read more ...

article thumbnail Card & Payments World | News - RegulationTuesday, 28 November 2017

EC sets bank deadline for delayed PSD2 standards
Schedule for standards on strong customer authentication and third party access to bank data Read more ...

article thumbnail Card & Payments World | News - RegulationFriday, 10 November 2017

EBA sets out schedule for PSD2 fraud standards
Timeline after closure of consultation period Read more ...

Card & Payments World | News - RegulationMonday, 06 November 2017

“Pivotal moment” as PSD2 fraud reporting consultation closes
Banks and PSPs must be compliant with high level requirements
Read more ...

Card & Payments World | News - RegulationThursday, 02 November 2017

YES Bank fined US$1m for ATM breach
Reporting was too slow Read more ...

article thumbnail Card & Payments World | News - RegulationThursday, 05 October 2017

FCA takes aim at Amazon over streamlined payments
Concern about checkout-free transactions Read more ...

article thumbnail Card & Payments World | News - RegulationMonday, 02 October 2017

EC urged to ban screen scraping
Authentication group sets out ‘key problems’ Read more ...

Card & Payments World | News - RegulationFriday, 29 September 2017

New payment systems operator names CEO
Former Nationwide man takes over Read more ...

Card & Payments World | News - RegulationTuesday, 19 September 2017

PSR sets out how it will enforce PSD2 access rules
Regulations come into UK law from 13 January next year
Read more ...

article thumbnail Card & Payments World | News - RegulationFriday, 18 August 2017

Australia to regulate digital currencies
Regulator to be given increased powers Read more ...

article thumbnail Card & Payments World | News - RegulationThursday, 20 July 2017

EU directive banning card fees may include prepaid cards
UK extends ruling to Amex and PayPal Read more ...

article thumbnail Card & Payments World | News - RegulationWednesday, 19 July 2017

GDPR privacy demands will strangle marketing
Lawyers give stark warning Read more ...

Card & Payments World | News - RegulationTuesday, 11 July 2017

New API for UK bank data sharing
Platform to go live next year Read more ...

 
     
We get access to the inside stories on payments that you won't find anywhere else. Original research, data, analysis and briefings. To read them:

Banner