Payment insight October 2023
Highlights of the month
Payment news
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Westpac offers more flexibility to its customers with PartPay
Westpac will soon offer credit card customers the option to pay for their purchases in four instalments, providing greater control and flexibilit...
The new face of payment fraud
Last week, the Payment Security Observatory published its report, which was relayed by the Banque de France. It shows a slight decline in payment...
Crédit Mutuel launches the 1 euro account
Daniel Baal, CEO of Crédit Mutuel Alliance Fédérale, has announced a major measure to help the most vulnerable people cope w...
Regulatory insight on the challenges of strong authentication and SMS OTP
FACTS The ACPR recently reminded PSPs of their obligation to reimburse all fees related to unauthorized bank card transactions within one b...
Google Maps will help pay for parking
FACTS Google's navigation service, has been enhanced with a new feature that goes beyond location. This is the Pay For Parking option, a pa...
SCT/SDD End-Date: Promotion in France
The French National SEPA Committee launches a series of public meetings on the 1er February 2014 deadline in each of the country’s 22 regions. So...
CB Schemes: Decreasing Interchanges
After the very last concessions on the part of Cartes Bancaires, the French Competition Authority has published its decision on the main “CB” int...
Payments Portability: Easier Bank Account Switching
The UK Payments Council has set deadline to September 2013 for full portability of payments from one bank to the other in the UK, for individual...
Biometric Authentication: New Solution for iPod Touch
Fulcrum, which specialises in biometric authentication announced a new fingerprint recognition devices, FbF mobileOne, had been launched for iPod...
SDD: The FBF against the drafted SEPA Regulation
The French Banking Federation (FBF) criticises the European Commission's draft Regulation on SEPA migration of 16 December 2010. It its opi...
SEPA Migration and Renown: MEDEF Barometer
A SEPA survey conducted end 2010 by the French CEOs organisation MEDEF details corporate plans and readiness to the pan-European payment instrume...
Banking relationships: more transparency
The FBF confirmed the measures adopted by French banks after publication of the Pauget-Constans report on the cost of banking relationships. From...
