Data security: The Federal Reserve fears internal malicious deeds
Considering WikiLeaks' disclosures, the Federal Reserve is trying to improve its employees' behaviour. Better training would undoubtedly promote ...
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White-Label ATM Networks Authorised in India
The Reserve Bank of India has just agreed to banks’ demand to allow the setting up and management of ATM networks by third parties. Banks will no...
US-made PTR service being rolled out
The US Federal Reserve has just taken a (big) step forward in the area of payment initiation. It has just announced the upcoming launch of its ow...
Interchange: Fed Watered-Down Interchange Caps
The US Federal Reserve finally set the cap at 21 cents per debit card transaction, rather than the 12 cents limit proposed in its January consult...
Interchange: the Fed proposes a 0.12 dollar threshold for debit card transactions
In compliance with the Durbin amendment in the Dodd-Franck Act, the US Federal Reserve Bank submitted its project on card interchange to consulta...
In India, e-rupee soon accepted in department stores
Reliance Retail, one of India's largest retail chains, will allow its customers to pay in e-rupee, the central bank digital currency first in...
In short: A more political digital dollar under consideration
While the issue of crypto-assets is controversial in the country, the US President himself has just opened the door to a digital dollar controlle...
Amazon Lets Customers Pay in 24 Instalments
Amazon.fr adds yet another payment facility to their platform: the new option called PayMens was developed in partnership with Cofidis Retail. It...
Phishing: New threat Identified
A new phishing scheme has been identified this month in the US. Some banking customers have in fact received e-mails purportedly from the Nationa...
Interchanges: Merchants Attacking Fed Reform
In the US, three national merchant federations and two retailers have filed a complaint to oppose the debit interchange reform set by the Federal...
Mobile payment of Power Bills
Maharashtra State Electricity Distribution concluded its work to enable payment power bills using mobile phones. Three possibilities are proposed...
Partnership between BancoPosta and Trenitalia
Postemobile, the Italian post office MVNO has just signed an agreement with the railway company Trenitalia to enable BancoPosta account holders t...
PayU Changes Gear, Works on Consumer Credit
The Indian provider of payment gateway services PayU has been expanding its range of offers along the years, and even included payment facilities...
Cash Collection: Cash-To-Mobile by Citi India
Citi India, subsidiary of Citigroup, has launched Cash-To-Mobile, a mobile cash collection management solution designed for both companies and...
Skimming: Dismantling of an International Network
Europol has just dismantled an international skimming network suspected to have stolen some 50 million dollars from banks and from their customer...
Senate Amendment to Delay Debit Interchange Cap
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...
Dwolla, a new player
Dwolla, a company based in Des Moines Iowa, set up a new platform designed for transferring funds using Twitter and Facebook. Dwolla is first tar...
Orange Money Unveils a Financing Offer for Mobile Phones
FACTS Orange Money launches “My Reserve”: a financing solution for Romanian customers interested in purchasing mobile phones, tablets or ac...
PayPal Credit Programme Expanded
FACTS In line with their PayPal Credit programme, PayPal chooses to expand their range of financing offers to include purchases starting at...
Orange Bank Unveils a Credit Offer
Initially scheduled for Autumn 2017, Orange’s consumer credit service is now being made available to all their m-banking customers. Orange promis...
