UK’s Payment Systems Regulator unveils annual plan and budget
The UK’s Payment Systems Regulator has published its key aims, activities and budget for the next year.
Payment Systems Regulator
CryptoUK calls on FCA to oppose banks banning transfers to crypto exchanges
CryptoUK says banks limiting transactions to crypto platforms is “anti-competitive and disproportionate”.
PSR outlines APP scam reporting process for banks and building societies
The PSR says APP scams are a “major problem” in the UK with over 95,000 incidents in the first half of 2022.
Payment Systems Regulator outlines card-acquiring market remedies
Focusing on 14 providers will ensure “around 95% of transactions for the merchants our remedies will protect will be regulated”.
Payment Systems Regulator outlines upcoming card fee market reviews
Both reviews focus on Mastercard and Visa; the pair make up 99% of debit and credit card payments in the UK.
Money 20/20 Europe: A new era for a digital Sterling
Project New Era, set to launch in September, is a pilot evaluating the future digital currency ecosystem in the UK.
UK’s Payment Systems Regulator fines Mastercard £31.5m for competition law violations
Five prepaid card companies admitted to cartel behaviour while supplying local authorities.
Payment Systems Regulator names Ruth Wandhöfer as new chair
Wandhöfer replaces Stephen Locke at the payments regulator.
UK’s PSR seeks input on New Payments Architecture competition issues
Regulator calls for comment ahead of 2021 launch.
UK Finance launches cash initiative, calls for bigtech collaboration
It’s “vital” that telecoms, retailors and infrastructure providers take part.
Access to payment systems on the rise
There are more indirect access providers in the UK market than ever before.
U.K. Regulator Calls for More Competition in Payments
The U.K. needs more competition in its retail payments infrastructure. That’s the conclusion of a new report from the country’s Payment Systems Regulator.
