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Amid the COVID-19 pandemic, China has been struggling with mounting credit card debt. Regulators have once again turned their attention to an illegal operation consisting… Read More »China Sidesteps Credit Card Cash Advance Controls and Limits
5G is developed to make a real revolution. This refers to both how people make purchases, pay, use financial services, and not only. Due to… Read More »How 5G Can Improve Merchant Payment Processing
Dear Merchants and Friends of EMB: The COVID-19 pandemic has certainly turned our worlds upside down as we have faced disruptions in our work and… Read More »Light at The End of The Tunnel
The Financial Crimes Enforcement Network or (FinCEN) has released an important advisory to warn all financial institutions of the surge in medical scams that have… Read More »FinCEN Advisory Warns COVID-19 Risks For Financial Industry
The COVID-19 pandemic has left an indelible mark on the health and financial well being of millions around the world. In the payments industry, merchant… Read More »How The Payments Sector is Responding To COVID-19
High risk merchant accounts will be directly impacted by upcoming fees. Visa and Mastercard have decided to postpone interchange fees until July as it comes… Read More »Changes To Interchange Fees Will Impact U.S. Merchants
High risk credit card processing will be facilitated by new regulations in Singapore. The Monetary Authority of Singapore (MAS), a supervisor and regulator of all… Read More »Singapore’s New Digital Banking Regulation Increases Protection
In January, 2020, the City Council in New York passed legislation that forbids restaurants, stores, and other retail establishments from rejecting hard currency as payment.… Read More »New York City Is Set To Ban Cashless Stores
This the Season According to Mastercard’s SpendingPulse “Holiday E-Commerce Report.” Holiday retail sales increased by 3.4%, excluding the auto market. E-commerce sales went up 18.8%… Read More »Recent Holidays Sales Showed Retail Sales Growth
In January 2020, the U.S. Food and Drug Administration released a policy which focused enforcement against unauthorized flavored e-cigarette products that appeal to minors, including… Read More »E-Cigarette Merchants Must Comply With New FDA Policy