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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...

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...

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...

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...

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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