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Top Paymentandbanking News

‘We Take Visa, Just Not That One’: Are Credit Card Rules About to Change?

United States · United States

‘We Take Visa, Just Not That One’: Are Credit Card Rules About to Change?

47% Center coverage: 15 sources

Visa and Mastercard have proposed a new settlement of a long-running legal battle over credit card “swipe fees” that could upend how you pay (and earn rewards) at checkout — or not.Previous attempts at settling this decades-long dispute have fizzled…See the Story

Bafin Targets C24 Bank: Deficiencies in Money Laundering Prevention Revealed

Germany · Germany

Bafin Targets C24 Bank: Deficiencies in Money Laundering Prevention Revealed

The German Federal Financial Supervisory Authority (BaFin) has imposed sweeping measures against C24 Bank after both the annual audit for the 2024/2025 financial year and ongoing supervisory activities revealed serious organizational deficiencies. According to the authority, the bank currently lacks a proper business organization. The identified shortcomings are particularly serious in… The article "BaFin targets C24 Bank: Deficiencies in money …See the Story

Few Canadian Companies Take Advantage of Ai

Artificial Intelligence · Canada

Few Canadian Companies Take Advantage of Ai

The KPMG Canada study was conducted among 753 business leaders in Canada. Most respondents (93%) reported that their organization uses AI in some form, up from 61% last year. However, only 3 out of 10 companies (31%) have fully integrated generic AI solutions into their core business operations and workflows. Therefore, only 2% of respondents reported that their organization has seen a return on investment in the GNI. Most of these organizations…See the Story

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