Showing 1 to 12 of 13 results
Reserve Bank of Australia Plans to Overhaul Credit and Debit Card Surcharges
The Reserve Bank of Australia (RBA) plans to ban approximately \$1.2 billion in credit and debit card surcharges and lower merchants' payment costs by \$1.2 billion annually by capping interchange fees, potentially impacting banks' revenue by \$900 million and leading to adjustments in credit card i...
Reserve Bank of Australia Plans to Overhaul Credit and Debit Card Surcharges
The Reserve Bank of Australia (RBA) plans to ban approximately \$1.2 billion in credit and debit card surcharges and lower merchants' payment costs by \$1.2 billion annually by capping interchange fees, potentially impacting banks' revenue by \$900 million and leading to adjustments in credit card i...
Progress
24% Bias Score
Visa, Mastercard's Expanding Power and Global Implications
Visa and Mastercard, initially mere transaction processors, now exert significant influence over global commerce and content, sparking debates about their power and the need for regulatory oversight and public alternatives.
Visa, Mastercard's Expanding Power and Global Implications
Visa and Mastercard, initially mere transaction processors, now exert significant influence over global commerce and content, sparking debates about their power and the need for regulatory oversight and public alternatives.
Progress
52% Bias Score
Digital Euro Implementation to Cost European Banks €18-€30 Billion
A PwC study estimates €18-€30 billion in costs for European banks to implement a digital euro, driven by IT infrastructure upgrades and staff requirements; German banks express concerns about the lack of added value compared to existing systems.
Digital Euro Implementation to Cost European Banks €18-€30 Billion
A PwC study estimates €18-€30 billion in costs for European banks to implement a digital euro, driven by IT infrastructure upgrades and staff requirements; German banks express concerns about the lack of added value compared to existing systems.
Progress
52% Bias Score
ECB Denies Plans to Abolish Visa, Mastercard; Advocates for European Payment Alternatives
Social media falsely claims ECB President Christine Lagarde wants to abolish payment systems like Visa and Mastercard; Lagarde actually advocates for developing European alternatives to reduce reliance on US and Chinese technology, a position the ECB confirms.
ECB Denies Plans to Abolish Visa, Mastercard; Advocates for European Payment Alternatives
Social media falsely claims ECB President Christine Lagarde wants to abolish payment systems like Visa and Mastercard; Lagarde actually advocates for developing European alternatives to reduce reliance on US and Chinese technology, a position the ECB confirms.
Progress
12% Bias Score
DNB Urges Less Reliance on US for Financial Stability
The Dutch central bank (DNB) is urging Europe to lessen its dependence on the US, citing concerns about US influence over payment systems and the storage of a third of Dutch gold reserves in the US. They propose bolstering European alternatives like the digital euro and iDeal to ensure payment indep...
DNB Urges Less Reliance on US for Financial Stability
The Dutch central bank (DNB) is urging Europe to lessen its dependence on the US, citing concerns about US influence over payment systems and the storage of a third of Dutch gold reserves in the US. They propose bolstering European alternatives like the digital euro and iDeal to ensure payment indep...
Progress
44% Bias Score
DOGE Access to US Payment System Sparks Concerns
Elon Musk's Department of Government Efficiency (DOGE) gained access to a US federal payment system handling $6 trillion, raising concerns from Democrats about potential disruptions to Social Security, Medicare, and other benefits, although the Treasury Department denies any current issues.
DOGE Access to US Payment System Sparks Concerns
Elon Musk's Department of Government Efficiency (DOGE) gained access to a US federal payment system handling $6 trillion, raising concerns from Democrats about potential disruptions to Social Security, Medicare, and other benefits, although the Treasury Department denies any current issues.
Progress
52% Bias Score
ECB Official Assures Profitability of Digital Euro for Payment Providers
European Central Bank (ECB) Governing Council member Piero Cipollone assured members of the European Parliament that the digital euro will be profitable for payment service providers, based on current information, while acknowledging ongoing debates regarding its implementation and potential challen...
ECB Official Assures Profitability of Digital Euro for Payment Providers
European Central Bank (ECB) Governing Council member Piero Cipollone assured members of the European Parliament that the digital euro will be profitable for payment service providers, based on current information, while acknowledging ongoing debates regarding its implementation and potential challen...
Progress
16% Bias Score
GENIUS Act: Mixed Implications for US Stablecoin Market
The GENIUS Act, signed into law, regulates US payment stablecoins, clarifying definitions for some digital asset service providers while imposing strict rules on issuers and granting significant rule-making power to the Stablecoin Review Board and the Treasury Secretary.
GENIUS Act: Mixed Implications for US Stablecoin Market
The GENIUS Act, signed into law, regulates US payment stablecoins, clarifying definitions for some digital asset service providers while imposing strict rules on issuers and granting significant rule-making power to the Stablecoin Review Board and the Treasury Secretary.
Progress
52% Bias Score
Europe's Digital Payment Vulnerability: A Geopolitical Risk
Concerns are rising in Europe regarding its reliance on US-based digital payment systems like Visa and Mastercard, with the ECB president expressing alarm over vulnerabilities; however, an expert disputes the severity of the problem, highlighting the existence of domestic systems and pointing to the...
Europe's Digital Payment Vulnerability: A Geopolitical Risk
Concerns are rising in Europe regarding its reliance on US-based digital payment systems like Visa and Mastercard, with the ECB president expressing alarm over vulnerabilities; however, an expert disputes the severity of the problem, highlighting the existence of domestic systems and pointing to the...
Progress
48% Bias Score
Ukraine's War Shows the Importance of Offline Digital Payments
Ukraine's National Bank prioritized cashless payments and maintained its electronic payment system (SEP) during the war, handling over 1.5 million transactions daily; PrivatBank saw a surge in softPOS use (quadrupling) and a 17% rise in e-commerce amid frequent blackouts, showing the resilience of d...
Ukraine's War Shows the Importance of Offline Digital Payments
Ukraine's National Bank prioritized cashless payments and maintained its electronic payment system (SEP) during the war, handling over 1.5 million transactions daily; PrivatBank saw a surge in softPOS use (quadrupling) and a 17% rise in e-commerce amid frequent blackouts, showing the resilience of d...
Progress
40% Bias Score
Treasury Employee Mistakenly Granted Access to Sensitive Payment System
A former Treasury Department employee and Elon Musk associate, Marko Elez, was mistakenly given read/write access to a sensitive federal payment system processing over $5 trillion annually; officials claim the error was quickly corrected, and an investigation found no evidence of misuse, but his acc...
Treasury Employee Mistakenly Granted Access to Sensitive Payment System
A former Treasury Department employee and Elon Musk associate, Marko Elez, was mistakenly given read/write access to a sensitive federal payment system processing over $5 trillion annually; officials claim the error was quickly corrected, and an investigation found no evidence of misuse, but his acc...
Progress
52% Bias Score
Averted Strike Averts German Cash Crisis
A potential strike by 10,000 German cash transport workers was averted after reaching a wage agreement (6.5%-8.4% increase) and a new 5-year contract; despite 50% of transactions still being in cash, businesses expect minimal disruption due to the increasing use of cards.
Averted Strike Averts German Cash Crisis
A potential strike by 10,000 German cash transport workers was averted after reaching a wage agreement (6.5%-8.4% increase) and a new 5-year contract; despite 50% of transactions still being in cash, businesses expect minimal disruption due to the increasing use of cards.
Progress
48% Bias Score
Showing 1 to 12 of 13 results