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Payment Systems Regulator Axed as Red Tape is Slashed to Boost Growth
March 12 2025
The Payment Systems Regulator (PSR) will be abolished as the latest step in reducing the burdens on business.
PSR Finds Market Isn’t Working Well for Card Scheme and Processing Services
March 6 2025
Cards are critical to the smooth running of the UK economy, enabling people to pay for goods and services and businesses to accept payments. As a well-established and popular payment method for consumers, cards play a big role in everyday transactions. This means that it is particularly important for people and business – and for the UK economy - that this market works well. Supporting this is at the heart of the PSR’s Strategy.
FCA and PSR Report on Digital Wallets
February 19 2025
The use of digital wallets has rapidly grown in recent years with the proportion of […]
FCA and PSR Set Out Next Steps For Open Banking
January 23 2025
Open banking is a UK success story with over 11.7 million active users and over […]
PSR Sets Out Updated Strategy to Deliver Competition, Innovation, and Growth
January 16 2025
The Payment Systems Regulator (PSR) has today set out commitments for the next two years […]
New Report From PSR Shows How Fraudsters Exploit Major Platforms to Scam Consumers
December 17 2024
Preventing Authorised Push Payment (APP) scams is one of the Payment Systems Regulator’s (PSR) top […]
International Fraud Awareness Week: PSR Research Shows Reimbursed Fraud Victims Feel More Vigilant About Fraud Risks, Not Less
November 21 2024
Marking International Fraud Awareness Week, the Payment Systems Regulator (PSR) has published research showing the […]
Anti-Fraud Tool Confirmation of Payee Expanded to Hundreds of More Firms
October 31 2024
Today, the Payment Systems Regulator (PSR), marks another significant milestone in its fight to tackle […]
FCA and PSR Boards Appoint New Chair to Decision-Making Committees
October 31 2024
The FCA and PSR Boards have appointed Alison Potter as chair of the FCA’s Regulatory […]
PSR Confirms Its Decision on APP Scams Reimbursement
September 25 2024
Today, the PSR has confirmed the maximum reimbursement limit for victims of Authorised Push Payment […]
PSR Sets Out Next Steps on Expanding Variable Recurring Payments (VRPs) in the UK
August 15 2024
Today, the Payment Systems Regulator (PSR) has published a response to its December call for […]
PSR Publishes Latest APP Scams Performance Report for 2023
August 1 2024
Latest figures released today by the Payment Systems Regulator (PSR) track the performance of payment […]
PSR and FCA Launch Joint Call for Information on Big Tech and Digital Wallets
July 15 2024
The Payments Systems Regulator (PSR) and Financial Conduct Authority (FCA) are seeking views on the […]
PSR Board Confirms Appointment of David Geale as Interim Managing Director
June 3 2024
The Payment Systems Regulator (PSR) has announced today that David Geale has been appointed Interim […]
PSR Provisionally Finds That the Cards Schemes Do Not Face Effective Competition in the Supply of Scheme and Processing Services to Acquirers
May 22 2024
The Payment Systems Regulator (PSR) has published its interim report for its market review into […]
PSR continues to take bold action on APP fraud as it publishes final reimbursement details ahead of 2024 implementation
December 19 2023
The PSR is leading the way globally by introducing consumer protections against Authorised Push Payment […]
Payment Systems Regulator appoints Dan Moore as New Head of Strategy and Intelligence
December 15 2023
The Payment Systems Regulator (PSR) has appointed Dan Moore as its new Head of Strategy […]
PSR Provisionally Proposes to Cap Cross-Border Interchange Fees on Credit and Debit Cards to Protect UK Businesses
December 13 2023
The Payment Systems Regulator (PSR) has published the interim report for its market review into […]
PSR publishes first APP scams performance report
October 31 2023
New figures released today by the PSR show, for the first time, the full extent […]
PSR confirms new requirements for APP fraud reimbursement
June 7 2023
The Payment Systems Regulator (PSR) confirms new requirements for banks and payment companies that will […]
Joint Regulatory Oversight Committee sets out next steps to help UK open banking grow
June 6 2023
The Joint Regulatory Oversight Committee (JROC) has set out an ambitious programme of work to […]
PSR completes new-look executive team with appointment of Oliver Hanmer as Head of Supervision and Compliance Monitoring
May 22 2023
The Payment Systems Regulator (PSR) has appointed Oliver Hanmer as its Head of Supervision and […]
PSR Appoints New General Counsel and Chief Operating Officer
May 3 2023
The Payment Systems Regulator has made two key appointments to its executive team: Alex Olive […]
UK's Open Banking Roadmap Unveiled: Future Plans & Priorities
April 19 2023
The Joint Regulation Oversight Committee (JROC), a collaboration between the FCA, PSR, HMT, and CMA, […]
New future for open banking as government and regulators confirm Open Banking Limited will continue to lead the expansion of open banking
April 17 2023
This morning, the Joint Regulatory Oversight Committee (JROC), which is made up of HM Treasury, […]
PSR Sets Out Final Plans in Its Market Reviews Into Card Fees to Protect Businesses and Consumers
October 27 2022
Today, the Payment Systems Regulator (PSR) outlines the next stages of its two market reviews […]
EXCLUSIVE: "Time to Share" - Charles de Rougé, Bottomline and Nicole Coates, PSR in 'The Paytech Magazine'
July 8 2022
Bottomline’s Charles de Rougé and Nicole Coates from PSR discuss how mutual support is the […]
FF Virtual Arena: Payments Infrastructure
April 13 2022
In today’s Virtual Arena join Bottomline Technologies‘ Charles de Rougé and the Payment Systems Regulator‘s […]
PSR publishes remedies consultation for its card-acquiring market review
January 27 2022
The PSR’s review published in November found that the supply of card-acquiring services does not work […]
PSR launches new strategy setting out key priorities over next five years
January 14 2022
The Payment Systems Regulator (PSR) has today published its new strategy, setting out its priorities and […]
Time for a new economic model in finance? Insights from the FinastraUniverse event
March 9 2021
by Hannah Duncan As you might expect, the Finastra event was a little different this […]
Fintech
FCA and PSR Boards Appoint New Chair to Decision-Making Committees
October 31 2024
The FCA and PSR Boards have appointed Alison Potter as chair of the FCA’s Regulatory […]
PSR continues to take bold action on APP fraud as it publishes final reimbursement details ahead of 2024 implementation
December 19 2023
The PSR is leading the way globally by introducing consumer protections against Authorised Push Payment […]
PSR publishes first APP scams performance report
October 31 2023
New figures released today by the PSR show, for the first time, the full extent […]
Joint Regulatory Oversight Committee sets out next steps to help UK open banking grow
June 6 2023
The Joint Regulatory Oversight Committee (JROC) has set out an ambitious programme of work to […]
PSR Appoints New General Counsel and Chief Operating Officer
May 3 2023
The Payment Systems Regulator has made two key appointments to its executive team: Alex Olive […]
UK's Open Banking Roadmap Unveiled: Future Plans & Priorities
April 19 2023
The Joint Regulation Oversight Committee (JROC), a collaboration between the FCA, PSR, HMT, and CMA, […]
New future for open banking as government and regulators confirm Open Banking Limited will continue to lead the expansion of open banking
April 17 2023
This morning, the Joint Regulatory Oversight Committee (JROC), which is made up of HM Treasury, […]