Generative Data Intelligence

Tag: Payment Systems Regulator

Future of Payment Review UK – six months on

Joe Garner’s Future of Payment review published in 2023 on behalf of the UK Government reflected the complexity of the current instant payment UK...

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Happy Sixth Birthday to Open Banking!

Open Banking celebrated six years young on the 15th of January, making this the perfect time to give the industry a JROC (Joint Regulatory...

Reimbursement of APP Scams: Boost for consumers/SMEs

The Payment Systems Regulator issued Specific Requirement 1 on the Faster Payments Scheme Operator (Pay.UK) to insert APP scam reimbursement into Faster Payments. The...

The silent revolution of fees, but what fees?

From Canada and the United States to the United Kingdom, a wave of changes in the Interchange Fees for Visa and Mastercard card payments...

The UK Crypto Industry’s Struggle for Financial Inclusion

In its ambition to be a global crypto asset hub, the UK faces significant obstacles that threaten to impede progress in the crypto space. The...

UK Contemplates Visa and Mastercard Fee Caps Amid Crypto Disruption

In a strategic move against the backdrop of a rapidly evolving financial landscape, the Payment Systems Regulator (PSR) in the UK has unveiled a groundbreaking proposal...

Former FCA Chair Slams Proposed Crypto Regulation From Government – CryptoInfoNet

Randell, who was chair of both the FCA and Payment Systems Regulator between 2018 and 2022, attacked the proposals that would label crypto as...

Bank push payment scams now 40% of UK fraud

Great Britain’s smaller banks are apparently among the largest targets for payment fraud. That’s according to a report issued Tuesday (Oct. 31) by the U.K.’s Payment Systems...

Global trends for Faster Payments

The trends emerging with Instant Payment Systems are: 1.    Increasing in-country systems being released and promoted  The latest major country to introduce instant payments is the USA....

Cracking Down on Scams: UK Government Taking Action

The UK government launched a three-pronged strategy for combating and eliminating financial scams in the UK in May 2023, under the direction of UK...

FCA, Delta Capita, Euronext and More: Executive Moves of the Week

More than halfway through May and we see a considerable drop in new executive roles being allocated this week in the forex, crypto and...

Helping merchants thrive in the eye of the storm (Ryta Zasiekina)

Thanks to colossal strides in payment technology ingenuity, the world of merchant acquiring has changed drastically over the past ten years. Tried and trusted...

Six key UK fraud trends to watch out for in 2023 (Traci Krepper)

The UK fraud epidemic shows no signs of slowing down. Consumers have never been more vulnerable to scams and fraud attacks, as criminals look...

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