Abolition of the UK Payment Systems Regulator: What It Means for Innovation, Competition and Oversight

The UK Government’s move to streamline payments regulation ensures a competitive, innovative, and secure industry, strengthening oversight.

The PSR finds Mastercard and Visa's fee hikes harm UK businesses, citing weak competition and poor transparency. Remedies to follow soon.

A joint feedback statement from the FCA and PSR assesses the usage and impact of digital wallets. The use of digital wallets has rapidly...