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

29 Dec 22 @ 04:08

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

05 Dec 22 @ 18:14

On October 26, 2022 a proposal for a Regulation amending Regulations (EU) no 260/2012 (SEPA Regulation) and (EU) 2021/1230 (Cross-border Payments Regulation or CBPR2) as regards instant credit transfer in... read more

15 Nov 22 @ 17:28

The Covid-19 pandemic had a significant impact on people’s payment habits, with cash use falling significantly, and by more than other payment types. This has led to some concerns that... read more

24 Oct 22 @ 12:14

For more than a decade, Verizon has documented compliance trends in the evolving payment security industry. The Payment Security Report (PSR) has tracked compliance ups and downs, while keeping a... read more

25 Aug 22 @ 13:24

Visa and Mastercard have both cited fraud as the primary reason for their respective increase in interchange fees between the UK and the EU after Brexit. Both companies face a... read more

08 Aug 22 @ 16:26

On 20 July 2022, HM Treasury published a consultation and call for evidence on the government’s approach to reforms to the payments regulation landscape, including the systemic payments perimeter of the... read more

19 May 22 @ 12:55

The cryptocurrency and assets market has grown significantly and is now worth £1.6 trillion globally. In the UK, over 2.3 million consumers now hold some form of cryptoasset. With such... read more

01 Apr 22 @ 11:00

The Payment Systems Regulator (PSR) has published its Annual Plan for 2022/23, to go further in making sure payment systems are fit for the future – offering access, protection and... read more

14 Dec 21 @ 15:14

The UK Financial Conduct Authority (FCA) has recently published its policy statement PS21/19 which sets out amendments to the UK SCA-RTS. The Policy Statement sets out final rule changes, as... read more