Tag: PSR

New UK payments MoU sharpens roles and joint strategy

UK financial regulators have renewed their commitment to better coordination in the fast-evolving payments sector through an updated Memorandum of Understanding (MoU). According to Finextra,...

UK plans to overhaul payment systems oversight amid economic reforms

In a bold move to streamline regulatory oversight and spur economic growth, the UK government is actively considering the abolition of the Payment Systems...

FCA and PSR highlight consumer shift towards digital wallets in recent...

The FCA and PSR have released insights into the burgeoning use of digital wallets in the UK, revealing a dramatic increase in adoption.

PSR unveils new strategic goals to enhance UK’s payment systems

The PSR has released its updated strategic commitments for the next two years, showcasing a robust plan.

PSR proposes interchange fee cap to shield UK firms from rising...

The PSR has taken a significant step towards addressing competitive concerns in the UK's card payment systems by proposing a cap on cross-border interchange...

Salv’s new e-book explores why collaboration is key in the battle...

A new e-book, co-created by Salv, Thistle Initiatives, and We Fight Fraud, offers a deep dive into the mechanics of APP (Authorised Push Payment) fraud, providing readers with a view from the victim’s perspective.

How the PSR’s new fraud cap could change the game for...

The PSR has announced a significant update in the fight against APP scams, revealing a forthcoming adjustment to the reimbursement cap for victims.

PSR and FCA explore the impact of digital wallets on UK...

The Payments Systems Regulator (PSR) and the Financial Conduct Authority (FCA) have jointly initiated a call for information to assess the rapidly growing influence of digital wallets on both consumers and businesses in the UK.

PSR advances fight against APP fraud with new consultations

The Payment Systems Regulator (PSR) is progressing in its fight against APP fraud by introducing two consultations. 

UK’s PSR sets £415,000 maximum for APP fraud claims

The UK's PSR has unveiled plans to establish a maximum reimbursement level of £415,000 for victims of APP fraud.

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