23 Sep 21 @ 11:05

A new white paper unveils the markets which will be at the forefront of powering the payments industry in the coming years. Released by Transact Payments Ltd (TPL), it reveals that... read more

09 Jun 21 @ 03:58

Dire predictions that the UK would collapse after its exit from the EU were as far-fetched as unfounded optimism that it would become Europe’s Singapore on leaving. To date, we’ve... read more

31 Mar 21 @ 16:11

The Payment Systems Regulator (PSR) has set out provisional accusations for five payments companies including Mastercard, in which it states the companies violated antitrust laws, by operating a cartel for... read more

21 Oct 20 @ 11:20

Over the last couple of days there have been numerous reports around extravagant card scheme fees paid to the major payment networks, retailers had to spend more than £1 billion... read more

27 Sep 19 @ 12:56

The finance industry prevented £820 million of unauthorised fraud in H1 2019, up 14% on the previous year, according to the latest figures from UK Finance. This is equivalent to £2... read more

06 Aug 19 @ 09:35

Royal Bank of Scotland (RBS) is launching a merchant acquiring service, NatWest Tyl, for small to medium-sized businesses (SMBs), heading back into the payments business, putting it in direct competition... read more

02 Apr 19 @ 10:27

65% of merchants want to accept instant payments. That’s because they know the customer experience (CX) benefits will drive growth for their business, and they recognise that this payment type... read more

27 Nov 18 @ 06:41

There is no doubt that lack of trust in the payment system remains a fundamental obstacle to a cashless society. Research shows that consumers are now more concerned than ever... read more

11 Oct 18 @ 08:54

There is no doubt that lack of trust in the payment system remains a fundamental obstacle to a cashless society. Research shows that consumers are now more concerned than ever... read more

03 Oct 18 @ 12:41

The UK’s Payments Systems Regulator (PSR) has launched an investigation into card acquiring services and whether Britain’s big banks and payments specialists such as Worldpay and Wirecard have taken advantage... read more

09 Aug 18 @ 14:57

Cash is a capital-intensive business and nowhere more so than with ATMs. With cash usage generally declining and the fixed and unit costs of providing cash access rising, banks are... read more

18 Jun 18 @ 13:47

Global adoption of real-time payments systems has soared in recent years, enabling consumers to transfer money between accounts instantly, but also irrevocably. In November 2017 the Eurozone launched its cross-border,... read more

01 Jun 18 @ 09:46

The New Payment Systems Operator (NPSO) has announced that it has taken over responsibility for the operation of Bacs and Faster Payments. The completion of this transaction represents a significant... read more

12 Mar 18 @ 15:00

On January 13th 2018 new regulations came into force – called the Payment Services Regulations – Article 105 of which compels banks to offer bank accounts and payment services to... read more

11 Oct 17 @ 14:40

The Payment Systems Regulator (PSR) and Bank of England (BoE) have announced that the Payment System Operator Delivery Group (PSODG) has completed the necessary steps to deliver against the mandate... read more

30 Jan 17 @ 11:53

The Competition and Markets Authority (CMA) has found that Mastercard’s acquisition of VocaLink gives rise to competition concerns. Mastercard already owns and operates credit and debit card schemes Mastercard, Maestro... read more

04 Jan 17 @ 16:22

The Competition and Markets Authority (CMA) has found that Mastercard’s acquisition of VocaLink gives rise to competition concerns. Mastercard already owns and operates credit and debit card schemes Mastercard, Maestro and... read more

05 Dec 16 @ 12:01

The largest UK banks are set for another windfall with the sale of the bank-owned payments company VocaLink to Mastercard for £700 million ($920 million) – but what are the... read more

28 Sep 16 @ 05:55

The largest UK banks are set for another windfall with the sale of the bank-owned payments company VocaLink to Mastercard for £700 million ($920 million). NEWS OF THE deal came... read more

26 Sep 16 @ 13:36

Which? has made the first Super Complaint to the Payments Systems Regulator (PSR ) calling on them to ensure banks better protect victims of fraud. Which? says that protections have... read more