news & articles

All articles about Government & Regulators sector

How much regulation is needed?

How much regulation is needed?

After attending the Open Banking Expo and the Payments Leaders Summit events, Volker Schloenvoigt (Director, London) reflects on the role of regulation and its impact on the fulfilment of account-to-account payment initiatives, focusing on two facets, New Payments Architecture (NPA) and Open Banking.

by Volker Schloenvoigt | Nov 01, 2024
8 mins read
The Art of Surcharging: Navigating Regulations and Market Trends Worldwide

The Art of Surcharging: Navigating Regulations and Market Trends Worldwide

Rohan Shaju (Associate Consultant, Paris) and the EDC Regulatory Practice delve into the rising practice of card surcharging - a fee shifting strategy that's sparked significant debate about fairness, transparency, and the balance of costs in payment transactions. With global card transaction values soaring from $33 trillion in 2020 to $51 trillion in 2024, and projected to grow at a 9% CAGR until 2028, understanding the implications of surcharging is more crucial than ever for both businesses and consumers.

by Rohan Shaju | Sep 01, 2024
13 mins read
Another JROC milestone for the UK’s Open Banking landscape

Another JROC milestone for the UK’s Open Banking landscape

As of 19th April, the JROC published its new set of recommendations for the next phase of Open Banking in the UK. Mark Beresford (Director, London) and Elisabetta Nadal (Associate Consultant, London) have taken some time to read and review the potential implications of this latest 60-page report from the JROC. Industry expectations are high, nevertheless, could the dream of a truly seamless Open Banking payment experience remain firmly lodged in the realm of science fiction?

by Mark Beresford | May 01, 2024
7 mins read
Conversation with Muzaffer Hamid, CEO at Mercury

Conversation with Muzaffer Hamid, CEO at Mercury

Jean Sideris (Director, Dubai) spoke with Muzaffer Hamid, CEO at Mercury. During the conversation, Muzaffer talks about the role of Mercury in the UAE, the fast payment transformation that the country is going through, and his views on the future of the payment ecosystem in the MENA region

by Jean Sideris | Feb 01, 2024
4 mins read
Cooperation between the EU and the UK is good news for the financial and payment services sector

Cooperation between the EU and the UK is good news for the financial and payment services sector

At the end of June 2023, buried in the GOV.UK website, there was a Memorandum of Understanding (MoU) establishing a framework for financial services regulatory cooperation between the European Union and the United Kingdom. Mark Beresford (Director, London) has investigated what this could mean for the payments and fintech industry on both sides of the English Channel and could this be the start of a gradual reversal of Brexit for the financial services sector?

by Mark Beresford | Jul 31, 2023
5 mins read
EDC Podcast Ep23: Scott McInnes, Partner At Law Firm Bird & Bird, Review Of EU Proposals For PSD3, PSR, FIDA and Digital Euro

EDC Podcast Ep23: Scott McInnes, Partner At Law Firm Bird & Bird, Review Of EU Proposals For PSD3, PSR, FIDA and Digital Euro

We meet up with Scott McInnes, partner in the Brussels office of international law firm Bird & Bird, to deep dive the recently published package of new payments legislation proposed by the European commission.

by Martin Koderisch | Jul 19, 2023
46 mins read
Back to top