Payment Systems Regulator

61 results about this entity

Period: 04 Sep 2019 - 16 Aug 2024

/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.

/payments

PSR delivers update on New Payments Architecture

The Payment Systems Regulator (PSR) has published its latest annual report and accounts, looking at the important work it delivered during 2022/23.

/payments

PSR seeks views on recent changes to fees charged by card schemes

The Payment Systems Regulator (PSR) has published its third working paper as part of its card scheme and processing fees market review.

/security

PSR lays out new ground rules for APP fraud

Both sending and receiving banks running transactions over the UK's Faster Payments scheme will be expected to split the cost of reimbursements in the case of authorised push payment fraud, under new rules devised by the Payment Systems Regulator.

/regulation

UK regulators set out next steps to help UK open banking grow

The Joint Regulatory Oversight Committee (JROC) has today set out an ambitious programme of work to take forward recommendations for the next phase of open banking in the UK.

/people

PSR appoints Oliver Hanmer as head of supervision and compliance monioring

The Payment Systems Regulator (PSR) has appointed Oliver Hanmer as its Head of Supervision and Compliance Monitoring and a member of the executive team.