Mastercard Rolls Out Open Banking Solution for Merchants
Open banking is a term used to describe the use of application programming interfaces (APIs) to provide access to banking ...
Tag: Routing
Merchants Call on Fed to Swiftly Finalize Proposal to Protect Debit Card Routing Rights
WASHINGTON, August 11, 2021 – A Federal Reserve proposal making it clear that merchants can choose which payment networks process ...
Durbin On Credit: Unintended Consequences Will Tighten Consumer Credit During Economic Recovery
A Forbes story suggests that Senator Durbin is now looking to do for credit cards what he did for debit ...
Retailers Say Fed Move on Debit Card Routing Will Bring Competition to Payments Market
WASHINGTON, May 7, 2021 – The National Retail Federation welcomed today’s announcement by the Federal Reserve that it plans to ...
ISO 20022 and APIs Will Foster Payments Standardization
In yet another piece in the current outpouring of x-border payments pieces, the author (a senior at an x-border payments ...
Department of Justice Investigates Visa: Same Debit Routing Issue, Different Department
On Friday March 19th, The Wall Street Journal published an article disclosing that the Department of Justice (DOJ) is launching ...
Merchant Routing Choice Heats Up in Australia
As a part of Regulation II in the U.S., card issuers are required to provide access to payment networks unaffiliated ...
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