Posts Tagged ‘PSR’
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 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 MoreMastercard launches A2A Protect in the UK
The new global service, Mastercard A2A Protect, combines fraud prevention technology and a new clear dispute resolution framework.
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 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 MoreMoneyhub finds UK consumers ‘clearly ready’ for Open Banking payments
Moneyhub’s Dan Scholey said delays in establishing a “robust” commercial VRP framework are holding back innovation and economic growth.
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.
Read MoreUK’s Payment Systems Regulator commits to work on VRPs in strategy review
The PSR set out commitments for the next two years, following the mid-term review of its five-year Strategy.
Read MorePSR: APP fraud victims lose confidence in new payment methods
The research by the Payment Systems Regulator also revealed that reimbursement is a top priority.
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