Opinion on Card Processing

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Type Product title / description Pub Price
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UKCA proposals for government regulation will improve transparency but more must be done

The UK Card Association has submitted proposals to the government for the forthcoming regulation of the card industry. These proposals aim to protect competition in the market and ensure that issuers can lend reasonably. While the proposals should lead to more transparency in the market, the introduction of fees and ever higher APRs becomes inevitable.

Published By Datamonitor
22 Jan 2010
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Visa announces UK contactless rollout ahead of schedule, but the market still faces numerous hurdles

Visa Europe recently announced that the number of its PayWave cards in issue is growing more quickly than expected, and claimed that there will be further growth as more issuers enter the contactless space. While this is a positive sign, overall card numbers are still comparatively low, while merchant acceptance remains very weak: the market is far from reaching a tipping point.

Published By Datamonitor
09 Jul 2010
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UK banks announce the latest successful year in the fight against fraud

Credit and debit fraud has experienced the largest decline in online transactions since the introduction of online banking and e-retailing to Britain. This is due to the heavy investment from the payment industry in new fraud detection technology.

Published By Datamonitor
10 Oct 2011

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