Posts Tagged ‘Payment Systems Regulator’
UK’s new Payments Forward Plan to help firms ‘plan ahead’ amid raft of initiatives
The new plan provides an overview of all the payments-related initiatives being delivered by the government and public authorities.
Read MoreUK 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 MoreUK Open Banking payments ecosystem: New cVRP scheme is ‘welcome step’
The UK Payments Initiative is being established as a new entity by the end of 2025, while the first payment will follow in Q1 2026.
Read MoreFCA announces commercial VRP scheme to get underway in 2025
The UK Payments Initiative is formed by 31 firms to enable variable recurring payments and will be set up before the end of this year.
Read MoreDavid Geale made permanent managing director of PSR
He will be responsible for helping to deliver the National Payments Vision, and for progressing the FCA’s work on Open Banking.
Read MoreAcquired.com joins OBL cVRP industry initiative, launches own VRP solution
The payments business is a founding member of an initiative driven by Open Banking Limited to create a new company that will continue work in the UK on commercial VRP.
Read MoreFCA to publish Open Finance rollout ‘roadmap’ within a year
The Financial Conduct Authority made the commitment in its new five-year strategy, in which it set out four priority areas.
Read MorePSR 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 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 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.
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