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18 Jan 2024
Truelayer became the first participant in the SEPA Payment Account Access Scheme (SPAA), building on open banking initiatives. The SPAA programme goes beyond PSD2 compliance and creates further opportunities in open banking. Yet not much has been discussed on what this scheme’s intentions are and what impact It might have on the open banking mark...
11 Jan 2024
The Securities and Exchange Commission (SEC) has announced its approval of 11 bitcoin spot ETFs, allowing for trading to begin as early as today. There has been a lot of buzz and build-up to this outcome, not least because the SEC’s X account was reportedly hacked resulting in their determination being tweeted a day early. For many, this is the...
09 Jan 2024
In 2023, we have seen stablecoins - cryptocurrency designed to have a relatively stable price, typically by being pegged to a commodity or fiat currency – being embraced by some of the biggest payment players like Visa and PayPal. Despite being less than a decade old, more than 11 trillion in stablecoins were settled on-chain in 2022, accountin...
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14 Dec 2023
The Payment Systems Regulator (PSR) has recommended a cap on cross-border interchange fees after its market review into the fees. This is not the only interchange fees story to hit the headlines this week. Earlier this week, the Canadian government came to an agreement with Visa and Mastercard to lower their interchange fees. From next Autumn, sm...