Blogs by Ron van Wezel

May 9, 2023

In July 2020, a group of 31 banks and two large processors (Worldline and Nexi) proudly announced the European Payments Initiative (EPI). Their ambitious goal was to develop a European card scheme to challenge the supremacy of Mastercard and Visa in retail payments. The announcement received broad political support from the European Commission and the European Central Bank, who hoped that this initiative could make Europe less dependent on the U.S.-based payment giants.   

July 27, 2022

How Acquirers Are Assessing Merchant RiskMerchant acquirers and payment processors often toil behind the scenes, invisible to individuals purchasing goods and services from an ever-increasing number of in-store and online merchants.

February 27, 2017

On February 23, 2017, the European Banking Authority (EBA) published its final report on the draft regulatory technical standards (RTS) on strong customer authentication (SCA) and common and secure communication. The EBA was tasked to develop the RTS under Article 98 of EU Directive 2015/2366 (PSD2).

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