The United Kingdom has handed its payments watchdog a decisive victory in a closely watched clash with global card schemes ...
London-based fintech had been at forefront of providing an alternative to high charges for cross-border interchange fees ...
Mastercard, Visa and Revolut have lost a legal challenge against the Payment Systems Regulator over the UK watchdog's decision to cap interchange fees on cross-border online payments.
London's High Court has dismissed a legal challenge brought by major payment processors Mastercard (NYSE: MA), Visa (NYSE: V) ...
Revolut has shelved plans to buy a United States bank and is instead pursuing a fresh regulatory pathway as it recalibrates its long-delayed push into the world’s largest retail finance market. The ...
Revolut, Mastercard and Visa have lost a legal battle against the UK’s payments watchdog amid plans to introduce a cap on ...
The UK High Court just sided with the Payment Systems Regulator (PSR), shutting down a legal challenge from Revolut, Visa, and Mastercard. All three companies were trying to stop a plan that would ...