As the government hunts for ways to make Britain more competitive, the country’s payments regulator has become caught in the crosshairs. A string of controversial decisions has given some of the ...

The Financial Conduct Authority and Payment Systems Regulator have set out the next steps for open banking, focusing on variable recurring payments. In the statement the regulators explain the ...

Halfway through its five-year strategic plan, the UK's Payment Systems Regulator (PSR) has published its strategy update setting out its core commitments. 1 Like 3 17 January 2025 2 comments Editorial ...

Lawmakers debated why banks are suddenly closing customer accounts, a phenomenon they call “debanking,” at a hearing Feb. 5, ...

The Payment Systems Regulator (PSR) has confirmed it intends to slash the maximum amount of fraud compensation banks and payment providers will have to pay out to scam victims. Under its original ...

The new rules mean banking customers will be "more protected under consistent minimum standards", said the regulator. Financial brands will also be more incentivised to "develop better systems" to ...

Moore continued: As the Government said in the National Payments Vision, the FCA is committed to provide continued leadership as the UK is regulated for Open Banking, and we'll do this continuing to ...