The U.K.’s Financial Conduct Authority (FCA) is looking to help combat the high fees associated with overdrafts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Tensions are mounting as Worldpay’s outage stretches to being measured in weeks and merchants of all sorts are being blocked from receiving daily payments. The outage is reportedly affecting the very big, like British Airways, and the not-so-big, like the myriad online commerce and gaming...
The long-held notion that FinTech players could be leaving London, widely regarded as a breeding ground for tech innovation, may be starting to bear fruit, and as some have speculated, Berlin looms large. Get the Full Story Complete the form to unlock this article and enjoy...
Despite their very best efforts with ever more enticing inducements – banks in the United Kingdom just don’t quite seem to be able to steal each other’s customers. Both fortunately and unfortunately for U.K. bankers, consumers are increasingly satisfied with their current bank of choice...
Square, the payments company run by Jack Dorsey, Twitter’s CEO, could be gearing up to expand into Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
There’s a global phenomenon afoot that takes the notion of cross-border payments to a new level – the high value-low frequency transactions made by a whole new category of sender – the Global Citizen. These individuals aren’t wealthy by most developed country standards – with...
The turmoil in the wake of Brexit may be calmed a bit – after all, it’s been roughly a month and markets (stocks and otherwise) have notoriously short memories. But get ready for a bump of another sort, Reuters noted Tuesday (July 19), as the specter...
It seems like the biggest retailers’ legal departments never have much of a shortage of things to stress over, and just in case any merchants’ counsel was planning on taking a vacation anytime soon, the recent passage of updated overtime regulations surely put a stop...
