Posts Tagged ‘Government’
PSR abolished as part of UK Government plans to ‘simplify’ payments regulation
The Payment Systems Regulator will be consolidated into the Financial Conduct Authority to ensure firms only have “one port of call” to deal with.
Read MoreAustralian Government reveals plans to expand CDR to non-bank lending in 2026
The Albanese Government has announced a series of changes that will take effect in mid-2026, as part of the CDR “reset” it instigated last year.
Read MoreUK government seeks PSP to add Open Banking payments to Gov.UK Pay platform
Government Digital Service has issued a tender worth £49 million for a payment service provider that will enable the public sector payment platform to process Open Banking payments.
Read MoreFintechs Canada recommends Open Banking be expanded to all investment accounts
Fintechs Canada made the recommendation in its submission to the Ontario government’s 2025 Budget consultations.
Read MoreOneID secures new funding amid increased UK government focus on digital identity
ACF Investors led the new funding round, having initially invested in 2023.
Read MoreUK government plans to enable data sharing in homebuying process
The Ministry of Housing, Communities and Local Government has committed to open up “key property information” as part of plans to modernise the home buying and selling process in the UK.
Read MoreNew report calls on UK Government to unlock £27bn Smart Data ‘revolution’
Startup Coalition and the Tony Blair Institute for Global Change have published a report ‘Making Smart Data happen’.
Read MoreEcospend reports ‘substantial’ rise in tax payments to HMRC using Pay by Bank
Ecospend, which is part of Trustly, has reported that Pay by Bank tax payments increased 36% year-on-year to top £12 billion.
Read MoreFCA, PSR reveal plans for new independent company to drive VRP in the UK
The regulators made the announcement as part of the next steps for UK Open Banking.
Read MoreFCA to deliver VRP, Open Finance in 2025 to ‘support growth’ in the UK
Nikhil Rathi, chief executive of the FCA, wrote to Prime Minister Keir Starmer, outlining how the regulator will support the UK’s economic growth.
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