Europe pushes real-time transactions; Dutch bathrooms boost mobile pay

Financial News

Europe pushes real-time transactions; Dutch bathrooms boost mobile pay

  A new EU law that requires interoperability and universal support for instant processing goes into effect this week, providing clarity that the U.S. lacks, while ABN Amro says restrooms generate transaction revenue. That and more news in this week’s global payments roundup. 

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  The San Antonio-based insurer and bank has named Juan Andrade as its next CEO. The company's bank has suffered a series of regulatory penalties. 

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Financial News

  Debt collection trade group ACA International and Specialized Collections Systems, a Houston-based debt collector, filed a lawsuit against the Consumer Financial Protection Bureau alleging its medical debt rule is outside its authority. 

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Financial News

  Rumors that generative AI would kill banking jobs so far seem greatly exaggerated, but the technology is spawning new job titles. 

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Financial News

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