Tag: Keir Starmer
UK Payments sector welcomes AI sandbox despite infrastructure limits
Industry experts welcome the opportunity provided by the new regulatory initiative, but warn UK digital infrastructure must keep pace.The UK payments industry has cautiously...
FCA answers Prime Minister’s call with data rule reform
The Financial Conduct Authority (FCA) has proposed removing unnecessary data requests for thousands of firms, as it responds to the UK Prime Minister’s growth-focused...
Nikhil Rathi reappointed to steer the FCA ship amid bold reforms
Nikhil Rathi has been reappointed as Chief Executive of the Financial Conduct Authority (FCA) to spearhead the regulator’s new approach to financial regulatory oversight.UK...
FCA sets the pace for UK economic growth with speedier approvals
As the UK government continues to emphasise the need for growth and innovation, the Financial Conduct Authority (FCA) has outlined key initiatives for 2025-26.Central...
Fraud? UK payments industry reacts to Spring Statement
Following the UK Chancellor of the Exchequer, Rachel Reeves’ Spring Statement yesterday, industry stakeholders have been left unsatisfied.Reeves' 30-plus-minute speech covered many bases, such...
UK government ditches letters for real-time tech ahead of budget
The UK government has announced plans to transform and upgrade its central finance system to improve the efficiency and accuracy of data.These upgrades aim...
Experts warn UK fraud gap will ‘widen’ without budget action
Fraud experts have once again urged the UK government to hold social media companies accountable amid a rising wave of fraud on multiple fronts.UK...
UK Finance supports red tape cuts with calls for more
UK Finance has outlined key reforms in its ‘Plan for Growth’ initiative to help the financial sector continue to play a role in driving...
UK to move past ‘hiding behind regulation’ as PSR scrapped
UK Prime Minister Keir Starmer has abolished the Payment Systems Regulator (PSR) as part of efforts to reduce ‘unnecessary’ regulation and drive economic growth.The...
PSR’s future becomes uncertain as UK eyes regulation cuts
The UK’s Payment Systems Regulator (PSR) could be scrapped as the government looks to streamline regulations and boost economic growth. According to Sky News, ministers...
