14 Aug 24 @ 15:58

European banks have expressed “serious concerns” regarding the UK Payment Systems Regulator’s (PSR) plan to cap interchange fees on cross-border digital transactions. This proposal, which impacts fees levied by Visa... read more

09 Aug 24 @ 13:11

Payments Cards & Mobile’s exclusive annual review of payments data from the Digital & Card Payments Yearbooks, covering the 33 European Economic Area (EEA) countries (27 member states plus UK,... read more

31 Jul 24 @ 11:32

As the global financial landscape evolves, the Bank of England (BoE) has released a discussion paper outlining its approach to innovation in money and payments. This comprehensive strategy emphasizes the... read more

02 Jul 24 @ 16:12

Decision-makers from payments businesses across the UK have identified APP fraud (Authorised Push Payment) as the top threat to both their businesses and consumers. This is according to the first... read more

01 Jul 24 @ 09:21

The Reserve Bank of Australia (RBA) plans to review regulations governing the country’s retail payments. The review is expected to create a new regulatory regime that directly addresses these payments... read more

11 Jun 24 @ 13:33

Yesterday, industry body The Payments Association called on the incoming head of the Payments Systems Regulator (PSR) to delay activating new APP fraud regulations around reimbursements. The association highlighted the... read more

21 May 24 @ 13:11

The Payment Systems Regulator (PSR) has released its provisional findings into its “Market review of card scheme and processing fees” interim report, finding that the cards schemes do not face effective... read more

10 Apr 24 @ 15:57

Pay.UK, the operator of the UK’s national retail payments system, announced that Confirmation of Payee (CoP), has reached 2 billion checks. This is a significant milestone and the volume of... read more

18 Jan 24 @ 17:14

ComplyAdvantage has published its State of Financial Crime report. Built on a survey of 600 senior financial crime decision-makers worldwide, alongside experience working with more than 1,000 companies globally, it... read more

31 Oct 23 @ 14:00

The UK’s Payment Systems Regulator (PSR) has published its first APP fraud and scams performance report. Authorised push payment (APP) fraud happens when a fraudster tricks someone into sending a... read more

02 Oct 23 @ 17:07

It’s now been a few months since the European Commission (EC) published its package of proposals for the next generation of payments regulation in the EU. The proposals – which... read more

07 Sep 23 @ 16:52

This article, originally published by B&B, intends to summarise the latest UK payments regulatory developments with regard to recent updates; the Future Regulatory Framework Review, the Financial Services Future Regulatory... read more

04 Sep 23 @ 15:40

Verizon Business has released the 2023 Payment Security Report. The 2023 PSR coincides with the approaching compliance deadline of the Payment Card Industry Data Security Standard (PCI DSS) version 4.0. This update to the current PCI DSS... read more

29 Jun 23 @ 13:11

The European Commission has put forward proposals to bring payments and the wider financial sector into the digital age including an update to PSD2 in the form of PSD3. The... read more

11 May 23 @ 12:58

UK Finance has releases its Annual Fraud Report, detailing the amount reported by UK Finance members, of money stolen by criminals through financial fraud in 2022. Over £1.2 billion was... read more

31 Mar 23 @ 12:51

A new report on Open Banking by the Coalition for a Digital Economy (Coadec) states that “UK Open Banking is at a crossroads”. A multi-billion pound sector stands on the... read more

20 Mar 23 @ 16:38

The last three years have seen considerable change in how the UK financial services sector operates. The expectations of consumers have shifted, prompted by the pandemic and a need for... read more

31 Jan 23 @ 13:11

Jana Mackintosh is Managing Director for Payments and Innovation at UK Finance. She is experienced in competition and regulatory policy, having worked across a number of public and private sector... read more

13 Jan 23 @ 09:45

You might be well aware that January is a big month in sports transfers, with the football transfer window opening at the start of the month for clubs in England... read more

05 Jan 23 @ 12:00

The news that A2A payments provider Venmo has been added by Amazon as a payment method feels like a watershed moment. For years, industry chat has talked about the potential... read more