Banking
UK’s PSR proposes cross-border interchange fee cap
The UK's Payment Systems Regulator (PSR) proposes a new cap on cross-border interchange fees.
Visa and Mastercard, responsible for 90% of online transactions...
Banking
Central Bank of Colombia partners ACI Worldwide for real-time payments system
Partnership Announcement: The Central Bank of Colombia, Banco de la República, collaborates with global payments software firm ACI Worldwide.
Technology Selection: ACI's Enterprise Payments Platform...
Banking
ClearBank names former Barclays and Starling exec Megan Cooper as new chief product officer
Megan Cooper's Appointment:Megan Cooper appointed as Chief Product Officer (CPO) of ClearBank.
ClearBank is a UK-based clearing and embedded banking platform.Previous...
Banking
The Clearing House appoints former Truist EVP Sal Karakaplan as new chief strategy officer
Leadership Boost at The Clearing House (TCH)TCH appoints Sal Karakaplan as Chief Strategy Officer.
Operates US-based payment networks, clearing over $2 trillion...
Banking
Eurosystem eyes up alternative payment solutions in latest retail payments strategy update
Eurosystem's Retail Payments Strategy UpdatePriorities:Digital euro development
Instant payments
Cross-border paymentsObjectives of Retail Payments StrategyDevelop pan-European solutions for point-of-interaction...
Banking
Mastercard’s joint venture receives approval to commence domestic payments in China
Mastercard's joint venture in China, Mastercard NUCC Information Technology, has received formal approval to commence domestic payments.
In February 2020, Mastercard NUCC received...
Banking
Klarna prepares for SEPA instant payments with Form3 partnership
Klarna, a Buy Now, Pay Later (BNPL) firm, has partnered with UK paytech Form3 for payment connectivity in the Single Euro Payment Area...
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