Visa and Mastercard have proposed a reduction in the fees paid by merchants on accepting tourists’ card payments in the European Union (EU) in order …
FIME secures Mastercard accreditation for biometric authentication testing services
FIME, which offers consulting, certification, and testing services to the payments sector, has been accredited by Mastercard to offer fingerprint biometric authentication testing services. Through …
Pakistan central bank instructs banks to exercise maximum care for card payments
Pakistan central bank, the State Bank of Pakistan (SBP) has instructed all the banks to exercise maximum care in the event of recent cyber-attack on …
Payment firms including Visa, Mastercard miss India’s data localisation deadline
Visa, Mastercard and American Express have failed to meet the Government of India’s data localisation deadline, which ended on 15 October 2018. The government and …
Time for a serious Open Banking standard
The Open Banking revolution is, apparently here, but there is a certain lack of excitement, and not everyone seemed to be prepared for what was …