All briefings
Articles — Page 2
208 briefings on payments, fintech, and AI money infrastructure.
Acquirer Credit Risk on Delayed-Delivery Merchants: An Operator Reference
How future-delivery merchants create acquirer credit exposure, how banks size it under OCC guidance, and what reserves and monitoring follow.
August 30, 2026
SEPA Mandate Amendment and Migration: What Survives a Change of PSP, Creditor ID or Entity
The SDD Core rulebook lets a creditor amend mandates without re-signing. Which changes need an amendment, which need nothing, and how the data travels.
August 30, 2026
Visa's Four Decline Categories: Which Codes You May Never Retry, and the 20-in-30 Limit
Visa sorts decline codes into four categories. Category 1 may never be resubmitted for the same credential; the rest are capped at 20 attempts in 30 days.
August 30, 2026
DebiCheck: The Mandate Your Customer's Bank Holds a Copy Of
South Africa's authenticated debit system is genuinely different from ACH, SEPA and Bacs — and the clean pitch for it is wrong in three ways.
August 28, 2026
France–Senegal Remittance: The Peg Does Not Remove Your FX Risk
A fixed euro peg, a mobile-money payout that cannot receive foreign funds directly, and an instant rail that stops at the union border.
August 28, 2026
Nacha's Credit-Push Fraud Rules: Monitoring Duties, Not Liability
Nacha's ACH fraud-monitoring rules are fully in force. What they require, what they explicitly do not, and why they are not the UK reimbursement model.
August 28, 2026
Nested Third-Party Senders: The ACH Role You Might Hold Without Knowing
Originate ACH through another platform rather than directly with a bank and Nacha likely classes you as a Nested Third-Party Sender — with your own duties.
August 28, 2026
The PSR Directed Visa and Mastercard on Scheme Fees — and It Is Not a Price Cap
Two final directions on card scheme and processing fees, from November 2026 and July 2027. What acquirers actually get, and what the PSR pointedly did not do.
August 28, 2026
SPAA: Europe's Paid Open Banking Scheme, and the Register That Explains Its Problem
SPAA lets banks charge for premium API access instead of giving it away under PSD2. Nearly three years in, the participant register shows brokers but no banks.
August 28, 2026
Visa Payment Passkey: The Acquirer Mandate and the Liability Protection
Visa now requires acquirers in several regions to let merchants offer passkey authentication — and attaches fraud liability protection to it. Where it applies.
August 28, 2026