Payment news

ADNews by Galitt is a content platform dedicated to innovation in financial services and payment.

2012-02-29

As announced before Christmas, the European Union has just released the criteria to migrate to Euro credit transfers and direct debits. After the...

2012-02-07

Visa announces that about ten US financial institutions are now issuing EMV payment cards. Among these institutions, five major banks: Wells Farg...

2011-11-04

The Japanese telecom operator NTT DoCoMo buys a European financial institution through a controlling stake in Bankverein Werther. Implanted in th...

2011-03-04

Christine Lagarde, French Minister of the Economy, asked three Members of Parliament to investigate on Merchant Service Charges paid by merchants...

2011-03-01

A bi-partisan Senate bill aims to set a two-year delay to cap the interchange fee on US debit card. US Fed’s regulation project, under consultati...

2011-02-25

Edenred (former Accor Services) is getting ready to drop paper media starting 2012. In France, it is the first luncheon voucher issuer with 36...

2011-01-14

The French Banking Federation (FBF) criticises the European Commission's draft Regulation on SEPA migration of 16 December 2010. It its opi...

2011-01-06

French CB banks obtained an amiable commitment procedure to be opened on the topic of card interchange (CIP). It has been subjected to a legal pr...

2010-12-16

Visa and MasterCard are now targeted by Canadian authorities. The Canadian Competition Bureau required from the Court that the rules imposed by a...

2010-12-08

The recent Russian “National Payment System” law induced significant lobbying on the part of MasterCard and Visa. According to Wikileaks document...