The contentious issue of interchange fees rages on as Visa and Mastercard get ready for their five-fold fee hike.
Latest articles from FX & Payments

The exponential rise of Russia's Mir payment system
July 20, 2021The unparalleled success of Russia’s Mir payments system has protected it against US sanctions, making other governments take notice.

Buna seeks to resolve cross-border payment issues
April 19, 2021Mehdi Manaa, CEO of Buna, a multi-currency payment platform for the Arab region, on revolutionising cross-border payments.

The transformation of Europe's retail payments landscape
January 28, 2021EU policymakers are looking to establish an ambitious, unified payment solution for consumers and merchants across Europe.

Keeping ISO 20022 on track
July 2, 2020The move to ISO 20022 by the world’s payment systems has had a setback – but must go ahead.

Maintaining operational resilience is key to surviving a crisis
July 2, 2020As the Covid-19 pandemic impacts even resilient businesses, Deutsche Bank’s Linda McLaughlin-Moore and Bill Mott discuss how international banks can best adjust to the new operational environment.

Addressing the challenges in cross-border payments
July 2, 2020Heather McKenzie reports on the progress being made in finding cheaper, faster solutions for cross-border payments.

Pandemic tests the banking industry’s mettle
July 2, 2020The global banking industry been much better placed to deal with the Covid-19 crisis than previously. Joy Macknight reports.

The FX market enters its next evolutionary stage
April 3, 2020The global foreign exchange market has adapted to the new normal of low volatility, electronification and greater regulatory oversight.
to read
Rich, quality payments: The case for ISO 20022
November 5, 2019Saqib Sheikh, SWIFT’s global head of ISO 20022 programme, recently sat down with The Banker to outline why the migration to ISO 20022 is so important to the industry.
