MasterCard has won the right to see a key study used by European regulators to set a European Union cap on cross-border card fees, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Having been dragged into a payment card interchange lawsuit, Visa Europe Limited and Visa Europe Services are pushing back, arguing that Walmart-led lawsuit “casts too wide a net, lumping them in with Visa even though they are only licensors of Visa and are owned by...
Entrepreneurs are prepared for a world where no one buys their product and they go out of business. Somewhat harder to accept is a world where ones product is bought, and they still go out of business because the 30, 60 or even 90 day...
Over the past week, PYMNTS.com’s brief’s coverage in this newsletter has spanned a broad variety of issues. In this column, we take a look at five common elements that link many of those stories, in essence making them the “trends of the week.” Get the...
Cloud accounting and ERP company VersAccountsannounced last week (Aug. 21) that the former Sage UK/Ireland CEO Liam Mullaney will be joining the firm to help in its European expansion. According to a company statement, Mullaney’s experience working as a business software publisher will be beneficial...
The European Central Bank has identified four key payment systems under new regulations that took effect this month, making the payment systems subject to tighter regulatory control, Finextra reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Small- to mid-size business owners understand that late payments will in all likelihood lead to debt. So why would an organization postpone updating a system that ensures timely invoices? One UK-based law firm discovered that 80 percent of businesses failed to update their terms and...
Russia’s Central Bank is preparing to abandon its deadline for MasterCard and Visa to pay transaction security deposits because neither has yet selected a partner to process cards in Russia next year, according to a report Thursday (Aug. 14) in Russian business daily Vedomosti. Get...
A Russian national has been indicted for a series of cyber attacks against financial institutions (including Chase Bank, Capital One, Citibank and the Boeing Employees’ Credit Union) and retail POS in the U.S., as well as for running various carding forums that resold payment card...
