Card schemes were planning to increase fees, according to reports last autumn. Then the UK Payment Systems Regulator (PSR) announced in December 2023 provisional proposals to...

The emergence of Variable Recurring Payments (VRPs) marks a significant milestone in the realm of open banking payments. These innovations are not only elevating...

With technological advancements, shifting consumer needs, and regulatory changes steering the course, open banking is not just growing but evolving into a powerhouse. Looking ahead,...

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

The Bank of England (BoE) and HM Treasury published a response to their joint consultation paper on 25 January 2024, setting out their assessment...

The battle against fraud and identity theft has taken on new dimensions and complexities in today’s increasingly digital world. 2024 promises to be crucial in...

The start of a new year is a natural time to consider what lies ahead. Here, we look at four key themes in corporate...

Through open banking, the European Union continues to embrace its interconnected financial ecosystem; connecting, collaborating and sharing customer data instantly. Yet, the risk of fraud...

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 legal tussle surrounding Sam Bankman-Fried (SBF), the Former CEO of FTX, intensified after a federal judge denied his defense team's plea for an extended...

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

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...