Posts Tagged ‘competition and markets authority’
UK regulators provide “clarity” on Open Banking pricing rules
The statement from the Financial Conduct Authority and Payment Systems Regulator relates to the UK Payments Initiative and its work on commercial variable recurring payments.
Read MoreFCA, PSR share digital wallet competition ‘concerns’ with CMA
The UK’s Financial Conduct Authority and Payment Systems Regulator have reported their joints findings on the usage and impact of digital wallets
Read MoreCMA hails ‘milestone’ as full completion of Open Banking Roadmap announced
The remaining three banking providers have delivered the required functionality under the Retail Banking Market Investigation Order.
Read MoreCMA writes to Santander UK about Open Banking data breaches
Santander UK has breached part two of the Retail Banking Market Investigation Order 2017.
Read MoreUK Finance creates model clauses for commercial VRP rollout
UK Finance’s Jana Mackintosh called the model clauses “a stepping-stone to a wider multilateral agreement”.
Read MorePSR hires Dan Moore from the Department for Transport
Moore, who joins the PSR in January 2024, is currently director of rail strategy and analysis at DfT.
Read MoreUK Open Banking payments top 11 million in July
Figures released by Open Banking Limited showed the number of Open Banking payments processed has doubled in a year, as government payments solutions continued to adopt Pay by Bank options.
Read MoreMonzo comes out on top in CMA’s banking satisfaction ranking
Personal and small business current account holders were asked how likely they would be to recommend their provider to a friend, relative or other business.
Read MoreHSBC, Nationwide and TSB reprimanded by CMA for transaction histories breaches
The CMA has written to each of the banks about their failure to send payment transaction histories to personal and business customers after their accounts had closed.
Read MoreInsight: A look back on PSD2 and what we can learn from it
Tom Burton, director of external affairs and public policy at GoCardless, reflects on what the history of PSD2 can teach the UK and Europe.
Read More