Payment Systems Regulator news and trends

UK’s Starmer Axes Payment Systems Regulator
Regulation // March 11, 2025

Turns out the appetite for financial deregulation stretches across the Atlantic. U.K. Prime Minister Keir Starmer on Tuesday (March 11) announced plans to abolish the Payment Systems Regulator (PSR). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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

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 cross-border online payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Visa and Mastercard Accused of Card Monopoly by UK Watchdog
ANTITRUST // March 06, 2025

Visa and Mastercard face regulatory action in the United Kingdom following a payments watchdog’s investigation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

UK Fraud Reimbursement Platform Sees Slow Adoption by Financial Institutions
Security & Fraud // February 25, 2025

Banks and payment companies have been slow to adopt a new platform in the U.K. that is meant to streamline the reimbursement of consumers who have fallen victim to online fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Interviews & Exclusives
UK Regulator Opens the Door for Credit Card Data Reporting Mandates

May 21, 2024
Higher fees from the payments networks across the pond have not translated into better service, according to a new report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this […]

State of the Payment Scam: Banks Battling APP Fraud

March 13, 2024
The world’s cybercriminals all share one thing in common: they understand people can be exploited. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Neobanks May Face Squeeze in Europe If X-Border Fee Caps Materialize

December 13, 2023
Beyond the card networks, among those that may feel the squeeze should cross-border interchange fees see new caps in the United Kingdom are neobanks. Get the Full Story Complete the...

Quick Reads
Chair of UK’s Payment Systems Regulator Calls Abolition ‘Pragmatic Next Step’

March 12, 2025
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 abolished, as Prime Minister Keir Starmer said Tuesday (March 11) that it will be. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to […]

UK’s Starmer Axes Payment Systems Regulator

March 11, 2025
Turns out the appetite for financial deregulation stretches across the Atlantic. U.K. Prime Minister Keir Starmer on Tuesday (March 11) announced plans to abolish the Payment Systems Regulator (PSR). Get...

Revolut and Visa Challenge UK Proposal to Cap Interchange Fees

March 07, 2025
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 cross-border online payments. Get the...

Visa and Mastercard Accused of Card Monopoly by UK Watchdog

March 06, 2025
Visa and Mastercard face regulatory action in the United Kingdom following a payments watchdog’s investigation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...