Visa agreed to transfer the processing of transactions made on its cards in Russia to the country’s new local payment system on Thursday, following a similar agreement made by MasterCard in December.
American Express violated US antitrust law by preventing merchants from recommending consumers use cheaper credit cards, a federal judge ruled on Thursday.
RBS and Natwest customers will be the first of any UK-based bank able to login to their banking app using their fingerprint.
The UK’s financial regulator will start an investigation into whether there is sufficient competition in the investment and corporate banking sectors.
International security services are investigating a highly sophisticated cyber attack which is believed to have targeted more than 100 banks and financial institutions around the world.
The Royal Bank of Scotland is has unearthed a money-making ploy which sees companies taking money from customer accounts without clear warning, and is urging regulators to take action.
Russia is considering temporarily relaxing rules affecting how the country’s banks calculate the risks associated with certain consumer loans, according to a central bank source.
