Chile's Once Sole Card Acquirer Proposes Fee Changes Amid Losing Monopoly
Following a decade-long battle to open up competition in the card-acquiring market, Chile’s one-time monopoly …
Australia's Woolworths To Accept Instant Payments In 'Game-Changing' Move
Australia’s largest supermarket chain is set to offer an instant payments service that will allow …
Grant Thornton Quits Working With eMerchantPay Over Governance Concerns
A major UK auditor has resigned from working with eMerchantPay, an acquirer for “high-risk” merchant …
NCR Systems Restored Following Data Centre Ransomware Attack
US point of sale firm NCR has announced that its systems have been restored following …
NCR Outage Hits Global Restaurant Chains Following Ransomware Attack
Restaurant owners who use the NCR Aloha point of sale system are currently experiencing “limited …
Canada Cuts Credit Card Interchange Fee For Small Businesses
In its Budget 2023, the Canadian government said it has secured commitments from Visa and …
Consumer Duty Grey Lines - FCA Discusses Acquirers And Open Banking Firms
The UK’s Financial Conduct Authority (FCA) has emphasised there is no one size fits all …
Long Road To Least-Cost Routing: RBA Publishes First Progress Report
As promised, the Reserve Bank of Australia (RBA) has begun publishing reports on the availability …
As Block Tumbles In Wake Of Hindenburg Exposé, How Will Regulators Respond?
After a major short-seller accuses Block of facilitating “frictionless” fraud, the payments industry speculates as …