Banking
FCA and PSR Set Out Next Steps for Open Banking in the UK
The Financial Conduct Authority and Payment Systems Regulator outline plans to enhance open banking with new services and an independent operator.Highlights:New Services: Introduction...
FinTech
Next Steps for Open Banking in the UK: FCA and PSR Initiatives
Exploring the Future of Financial Innovation and Consumer EmpowermentHighlights: FCA and PSR outline plans for Open Banking expansion.Focus on improving consumer access and financial...
Banking
UK’s Payment Systems Regulator Updates Strategy for Enhanced Competition and Innovation
PSR Focuses on Protecting Users and Advancing Payment Systems Amid Mid-Strategic Plan Review
Highlights:Mid-Strategic Plan Review: The PSR reviews its five-year strategic plan halfway...
Banking
Non-sweeping VRPs set for Phase 1 UK roll out in Q3 2024
Phase 1 Roll Out of VRP:Financial regulators in the UK plan to implement non-sweeping variable recurring payments (VRP) by Q3 2024.
Joint...
Banking
PSR: Announced the appointment of Dr Ruth Wandhöfer as Chair of the PSR Panel
The PSR Panel is an independent statutory body that contributes towards the effective development of the PSR's strategy
PSR Panel established by the Payment Systems Regulator...
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