As of 28th June 2023, the European Commission unveiled a draft proposal for a comprehensive Payment Services package. This package comprises the third Payment...

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...

The European Commission has introduced reforms to the regulations governing the electronic payments sector, among them, mitigating fraud by enabling the payment service providers to share...

Having two real time systems in the UK – CHAPS and Faster Payments - is a bonus. The task is to see how they...

The Joint Regulatory Oversight Committee (JROC), which is co-chaired by the Financial Conduct Authority (FCA) and the Payments Systems Regulator (PSR), has set up 'dedicated workstreams' for...

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

Although the UK was a pioneer with the Faster Payments Scheme (FPS) in 2008, we cannot afford to be complacent in adopting real-time payments...

Introduction We bid farewell to 2022 with a Christmas present from the Chancellor where he announced and reinforced a spate of new and on-going initiatives...

Romance scams are an especially cruel way to dupe a victim. Gaining their trust and fooling them into thinking they’re romantically involved, before exploiting...

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

A few years since Open Banking took off in Bahrain, the local community is yet to witness a plethora of use cases built on...

Innovation is enabling new types of payments and creating a truly dynamic ecosystem. Yet in order to create a market where new schemes like...