Payment Systems Regulator

UK Regulators Offer Clarity on Open Banking Pricing Models

UK Regulators Offer Clarity on Open Banking Pricing Models
UK Regulators Offer Clarity on Open Banking Pricing Models
January 20, 2026  |  Regulation

British financial regulators have cleared an open banking project by the UK Payments Initiative (UKPI). Get the Full Story Complete the form to unlock this...

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

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...

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UK’s FCA Charts Path From Open Banking to ‘Open Finance’
UK’s FCA Charts Path From Open Banking to ‘Open Finance’
January 22, 2025  |  Bank Regulation

Open banking’s roots lie with the United Kingdom, where PSD2, a decade ago, gave a tailwind to banks’ “opening” their data to third-party providers. Get...

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Digital IDs and Financial Services Collaboration Strengthen Proactive Fraud Prevention
Digital IDs and Financial Services Collaboration Strengthen Proactive Fraud Prevention
December 26, 2024  |  Security & Fraud

As payments become faster, fraudsters hide behind anonymity or concoct identities that seem legitimate, and then scam banks, merchants and individuals out of their money....

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