MAS will seek to build a consortium of countries to explore the potential of digital infrastructure for cross-border use.
April 27, 2021Visa is alleged to have engaged in anti-competitive practices by preventing merchants from routing payments through other card networks.
March 25, 2021The 'SEC Payment Portal' allows for the payment of registration fees, penalties and other fees using other cashless payment options.
March 13, 2021The European Payments Initiative, launched last July, could have a new pan-European payments network in place by 2025.
March 2, 2021Wirecard will be a compliance and audit training reference point for years to come, says compliance expert Oonagh van den Berg, recounting the warning signs in the years-long lead up to its collapse.
September 18, 2020The platform enables the simulation of issuance, distribution and exchange of CBDCs between banks, financial service providers and consumers.
September 9, 2020The joint venture has launched bank card clearing services in partnership with 16 commercial banks, three mobile payment platforms, and nonbanking payment services providers.
September 3, 2020PBOC governor Yi Gang says China will continue to open up its financial sector in line with the phase one trade deal signed with the US in January.
August 12, 2020The RBA has signalled it was considering taking regulatory action to force banks to move faster in moving merchants from Mastercard and Visa to lower cost networks.
August 6, 2020The framework details the oversight objectives, supervisory processes and assessment methodology the RBI will apply to financial market infrastructures and retail payment systems.
June 14, 2020