The Payments Vision Delivery Committee has announced its strategy to shape the next generation of UK retail payments infrastructure. Bringing together the Treasury, Bank of England, Financial Conduct Authority and Payment Systems Regulator, the initiative marks a key milestone in delivering the government’s National Payments Vision and its ambition for a modern, inclusive and secure payments ecosystem. The new strategy outlines five strategic outcomes focused on innovation, c

The Payment Systems Regulator (PSR) has marked the first anniversary of its Authorised Push Payment (APP) reimbursement policy by...

The Payment Systems Regulator (PSR) has announced the appointment of Andrew Wigston as its interim Head of Supervision and Compliance...

The Payments Vision Delivery Committee has unveiled an innovative new model for the future of the UK’s retail payments infrastructure,...

The Financial Conduct Authority (FCA) has appointed David Geale as the permanent Executive Director for Payments and Digital Finance, and...

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...