PSR

British Payment Regulator Calls for Cross-Border Card Fee Cap
British Payment Regulator Calls for Cross-Border Card Fee Cap
December 13, 2023  |  Regulation

Visa and Mastercard are under pressure to cap cross-border merchant fees in the U.K. The Payment Systems Regulator (PSR) on Wednesday (Dec. 13) published an update to its review of cross-border...

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Bank Push Payment Scams Now 40% of UK Fraud
Bank Push Payment Scams Now 40% of UK Fraud
October 31, 2023  |  Security & 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...

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UK Will Regulate Crypto Like Other Financial Services
UK Will Regulate Crypto Like Other Financial Services
October 30, 2023  |  Cryptocurrency

The British government has unveiled its long-awaited plans for regulating cryptocurrencies. Included in that plan is the government’s intent to “bring a number of cryptoasset...

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UK’s Payment Regulator Turns Attention to APP Fraud
UK’s Payment Regulator Turns Attention to APP Fraud
December 08, 2022  |  Security & Fraud

The U.K.’s payment regulator has outlined new rules to combat authorized push payment (APP) fraud. The Payment Systems Regulator (PSR) published new rules for banks...

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EMEA Daily: Visa, Mastercard Blame Fraud for Increased Cross-Border Fees; LianLian Global Partners With Uncapped on eCommerce Financing
EMEA Daily: Visa, Mastercard Blame Fraud for Increased Cross-Border Fees; LianLian Global Partners With Uncapped...
August 24, 2022  |  emea

Today in Europe, the Middle East and Africa, the U.K. Parliament’s Treasury Committee has published the responses of Visa and Mastercard after it questioned their...

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UK Payment Systems Regulator to Review Visa, Mastercard Fees
UK Payment Systems Regulator to Review Visa, Mastercard Fees
June 21, 2022  |  Credit Cards

On Tuesday (June 21), the U.K.’s Payment Systems Regulator (PSR) detailed plans for two market reviews it will carry out focusing on card fees. One...

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UK Payment Regulator Expands Plan to Fight Authorized Push Payment Fraud
UK Payment Regulator Expands Plan to Fight Authorized Push Payment Fraud
May 26, 2022  |  Security & Fraud

The U.K. Payment Systems Regulators (PSR) announced on Tuesday (May 24) that it will need to delay an important deadline for companies to comply with...

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Today in TechREG: SEC’s Gensler Asks Congress for Additional Funds; UK Regulator Steps up Efforts Against Authorized Push Payments Scams
Today in TechREG: SEC’s Gensler Asks Congress for Additional Funds; UK Regulator Steps up Efforts...
May 18, 2022  |  Technology

Today in TechREG, the chair of the U.S. Securities and Exchange Commission (SEC) urged Congress to increase the agency’s budget to hire more staff to...

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Bank Of England Pulls Payment Schemes Onto Same Page With ISO 20022
Bank Of England Pulls Payment Schemes Onto Same Page With ISO 20022
June 07, 2018  |  B2B Payments

The Bank of England is streamlining the U.K.’s payments messaging operations through the planned adoption of the ISO 20022 messaging standard, the bank announced Wednesday...

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