PSR

Chair of UK’s Payment Systems Regulator Calls Abolition ‘Pragmatic Next Step’
Chair of UK’s Payment Systems Regulator Calls Abolition ‘Pragmatic Next Step’
March 12, 2025  |  Regulation

The head of the United Kingdom’s Payment Systems Regulator (PSR) reportedly said Wednesday (March 12) that he had been aware since January that the regulator could be...

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Revolut and Visa Challenge UK Proposal to Cap Interchange Fees
Revolut and Visa Challenge UK Proposal to Cap Interchange Fees
March 07, 2025  |  Legal

Revolut and Visa reportedly filed legal challenges against the U.K.’s Payment Systems Regulator (PSR), seeking to overturn the regulator’s proposed cap on interchange fees on...

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Open Banking Ltd. to Support UK’s Launch of Variable Recurring Payments
Open Banking Ltd. to Support UK’s Launch of Variable Recurring Payments
January 23, 2025  |  Digital Payments

Two U.K. regulators said Thursday (Jan. 23) that an independent company, Open Banking Limited, will play a key role in advancing the effort to launch...

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UK Financial Authorities to Improve Cooperation on National Payments Vision
UK Financial Authorities to Improve Cooperation on National Payments Vision
December 23, 2024  |  Regulation

Four financial authorities in the United Kingdom said they are working to improve their cooperation and will revise their agreement as the government pursues its...

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UK’s APP Fraud Reimbursement Rule Goes Into Effect Monday
UK’s APP Fraud Reimbursement Rule Goes Into Effect Monday
October 06, 2024  |  Security & Fraud

This week marks a major change in how U.K. banks and payment firms address fraud. Get the Full Story Complete the form to unlock this...

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UK Payments Industry Seeks Further Reduction of Fraud-Reimbursement Cap
UK Payments Industry Seeks Further Reduction of Fraud-Reimbursement Cap
September 06, 2024  |  Regulation

The payments industry in the United Kingdom is reportedly advocating for changes to fraud-reimbursement rules that are set to be enacted Oct. 7. Get the...

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Liability Remains Murky Despite Reduction in UK Push Payments Fraud Fine
Liability Remains Murky Despite Reduction in UK Push Payments Fraud Fine
September 04, 2024  |  Security & Fraud

It’s said in jurisprudence that hard cases make bad law. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Report: UK Regulator Makes Massive Cut to Fraud Reimbursement Plan
Report: UK Regulator Makes Massive Cut to Fraud Reimbursement Plan
September 04, 2024  |  Security & Fraud

The U.K.’s payment regulator is reportedly making a drastic cut to its fraud reimbursement plan. Get the Full Story Complete the form to unlock this...

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PSR Explores Expanding Variable Recurring Payments in UK
PSR Explores Expanding Variable Recurring Payments in UK
August 15, 2024  |  Regulation

Great Britain’s payments regulator has taken another step in its variable recurring payments (VRP) project. Get the Full Story Complete the form to unlock this...

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