Tag: payment systems regulator
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...
Alison Potter leads FCA’s and PSR’s decisions committees
Alison Potter has been appointed Chair of the Decisions Committees for the Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR).In her role,...
PSR stresses need for new rules after latest APP scam data
The Payment Systems Regulator (PSR) has announced that Authorised Push Payment (APP) scams totalled almost £341m in its second annual APP fraud performance report.The...
New industry code enables refunding of APP scams
Victims of Authorised Push Payment (APP) scams could be entitled to reimbursement from their banks following the introduction of a new voluntary industry code.Developed...