All posts tagged "MasterCard"
-
143Australia & NZACCC Authorises Amalgamation of BPAY, eftpos, NPPA
The ACCC said the merger will enable the three payment schemes to coordinate investment proposals, avoid duplicative spending, and likely result in public benefit.
September 15, 2021 -
123Australia & NZRBA Asked to Require Banks to Provide Least-cost Routing Options
Treasurer Josh Frydenberg has asked the RBA to consider mandating the issuance of dual-network debit cards for major and medium-sized banks.
September 3, 2021 -
235Fintech / RegtechRBI Halts Plan to Allow New Umbrella Entities in Retail Payments
The decision is reportedly based on data security concerns following recent breaches at payment firms and non-compliance by global payment giants with India's data localisation rules.
September 2, 2021 -
131IndiaRBI Says Only Visa Complies With Data Localisation Rules
Visa is the only foreign card network that complies with requirements for financial data on Indian customers to be stored locally, the RBI says.
August 19, 2021 -
115EnforcementRBI Imposes Restrictions on Mastercard Over Data Storage
The action may hamper the ability of private banks to issue new cards to customers in the near term due to their exclusive tie-ups with Mastercard.
July 15, 2021 -
288FeatureMAS Launches Global Challenge for Retail CBDC Solutions
Fintechs, financial institutions and solution providers from around the world are invited to submit innovative solutions that can address 12 problem statements.
June 29, 2021 -
598Big PictureIndustry Cooperation is Key to Trade Finance Innovation
R3’s Henry Roxas discusses the prevalence of paper-based methods in trade finance and the need for broader industry efforts to digitise practices.
June 28, 2021 -
933FeatureMAS Calls on Governments to Advance Digital Infrastructure
MAS will seek to build a consortium of countries to explore the potential of digital infrastructure for cross-border use.
April 27, 2021 -
426Enforcement
DOJ to Probe Visa Over Debit Card Routing Practices
Visa is alleged to have engaged in anti-competitive practices by preventing merchants from routing payments through other card networks.
March 25, 2021 -
279Asia-PacificPhilippine SEC Launches New Online Payments System
The 'SEC Payment Portal' allows for the payment of registration fees, penalties and other fees using other cashless payment options.
March 13, 2021
