Revolut, Visa and Mastercard have lost a legal battle in the UK over a proposed regulatory cap on fees from international transactions.

London-based fintech had been at forefront of providing an alternative to high charges for cross-border interchange fees ...

The United Kingdom has handed its payments watchdog a decisive victory in a closely watched clash with global card schemes and a leading fintech. A High Court judge in London has backed the power of ...

The High Court confirms the PSR can cap cross-border fees under Section 54. See why the challenge from Visa, Mastercard, and Revolut was dismissed.