The EU-wide MIF-regulation imposes a ceiling limit of 0.3 percent on credit-card interchange receivable by the credit card issuer (down from approx. 1.0 percent). Industry-experts predict an overall drop in issuers’ revenues of up to 50 percent, as a consequence issuers will need to streamline and control their processing operations and related cost-base. SmartStream’s reconciliations solutions helps issuers automate all control processes thereby taking out a large part of the traditional manual cost as well as mitigating operational risks and losses.