Payment Systems Regulator

78 results about this entity

Period: 04 Sep 2019 - 03 Apr 2025

/regulation

UK payment firms push back on APP fraud refund plan

Payments firms are calling for a rethink of UK plans to protect victims of APP fraud, arguing that a refund cap of £415,000 will hurt smaller providers.

/security

APP scam reimbursement rules extended to Chaps

The UK's Payment Systems Regulator is to extend its scam reimbursement programme to transactions taking place across the Chaps high value payments network.

/payments

PSR seeks views on its proposed approach to supervision

The Payment Systems Regulator (PSR) has published a call for views on its proposed approach to supervision, having established a Supervision and Compliance Monitoring division last year.

/retail

JROC invites feedback on the Future Entity for UK open banking

The Joint Regulatory Oversight Committee (JROC) has today published proposals for the future open banking entity (the Future Entity).

/payments

TCS in running to take over UK's Faster Payments - Sky News

Tata Consultancy Services (TCS) has emerged as a leading contender to take over the running of the UK's Faster Payments Service, according to Sky News.

/regulation

PSR enforces "step-change" in reimbursement rules for APP fraud victims

The UK's Payment Systems Regulator has confirmed plans to improve protections for victims of authorised push payments (APP) fraud will come into force in October 2024.

/payments

Non-sweeping VRPs set for Phase 1 UK roll out in Q3 2024

Financial regulators in the UK have agreed plans for a Phase 1 roll out of non-sweeping variable recurring payments (VRP) by the third quarter of 2024, in a significant boost to open banking.

/people

Payment Systems Regulator appoints Dan Moore as head ffo strategy and intelligence

The Payment Systems Regulator (PSR) has appointed Dan Moore as its new Head of Strategy and Intelligence.

/payments

UK payments watchdog proposes cap on interchange fees

The Payment Systems Regulator is propsing to cap cross-border interchange fees on credit and debit cards to protect UK businesses from rising costs.

/regulation

PSR delays interim report on cross-border interchange fees market

We are carrying out a market review looking at cross-border interchange fees, which are paid by acquirers to issuers every time consumers use debit or credit cards for online transactions between the UK and the European Economic Area (EEA).

/regulation

PSR launches consultations ahead of incoming APP fraud rules

The Payment Systems Regulator (PSR) has launched two consultations in the lead up to the implementation of its new authorised push payment (APP) fraud reimbursement requirements.

/security

Payments watchdog suggests £415,000 ceiling for APP fraud reimbursement claims

The UK's Payment Systems Regulator plans to set a £415,000 maximum reimbursement level for victims of authorised push payments (APP) fraud.