#Brexit good for UK #FinTech

Behind closed doors in a small office, off an nondescript corridor, in a rather large building on Rue Wiertz in Brussels, Belgium a hushed conversation took place last month. Shortly afterwards a piece of European Parliamentlegislation was quietly shelved. It carried the rather dull title of “Directive 2009/125/EC” and it was one of the most dangerous documents in Europe!

Interfering with interchange fees: Is the EU going too far?

European Parliament. Source: Björn Laczay

Are European Commission (EC) proposals to cap card interchange fees a threat to innovation and competition?

That’s the contention of a new paper by David S Evans, a lecturer in law at the University of Chicago and chairman of Global Economics Group, a legal advisory firm.