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

The UK’s status as a global powerhouse for cross-border payments has undeniably diminished in recent years, though it remains a...

AI offers huge potential in payments, but for SMEs, high costs and ethical challenges demand collaboration and responsible adoption.

The Joint Committee of the European Supervisory Authorities (EBA, EIOPA and ESMA – collectively the ESAs) has today released its 2024...

The EBA has updated its methodology for assessing the regulatory and supervisory frameworks of non-EU countries, aligning with CRR and CRD.

The Financial Conduct Authority (FCA) is exploring whether changes to the UK’s contactless payment limits could offer greater...

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.

FCA warns payments firms to strengthen compliance, safeguard funds, and improve governance as regulatory scrutiny intensifies in 2025.