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...
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 open banking-powered variable recurring payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
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 National Payments Vision. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
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 article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
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 […]
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 […]
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...
January 23, 2025
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 open banking-powered variable recurring payments....
December 23, 2024
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 National Payments Vision. Get the...