Payment Systems Regulator RSS
In a blow to those who believe a cashless society is near, the UK Treasury Committee has held an evidence session with the Payment Systems Regulator (PSR), in which Rt Hon. Nicky... more
The post UK Government moves to protect cash with ATM protection review appeared first on Payments Cards & Mobile.
The Payment Systems Regulator (PSR) has published its final terms of reference for a market review into the supply of card acquiring services. The regulator notes that card payments are... more
The post Payment Systems Regulator confirms market review into card acquiring services appeared first on Payments Cards & Mobile.
On January 13th 2018 new regulations came into force – called the Payment Services Regulations – Article 105 of which compels banks to offer bank accounts and payment services to a class of payment service provider called a Payment Institution. In preparation for this the Payment Systems Regulator issued its guidance as to how it [...]
The post Interpretation of Payment Services Regulations brings Metro Bank policy into question appeared first on Payments Cards & Mobile.
The Payment Systems Regulator (PSR) and Bank of England (BoE) have announced that the Payment System Operator Delivery Group (PSODG) has completed the necessary steps to deliver against the mandate that the regulators tasked it with. Following the appointment of Melanie Johnson as its first chair, work will continue at pace to deliver the New [...]
The Payment Systems Regulator (PSR) has imposed a public censure on Cheque & Credit Clearing Company Ltd (C&CCC) following its failure to comply with the PSR’s General Directions. As part of the PSR’s regular compliance monitoring, it became aware that C&CCC had stopped publishing minutes of some of its board meetings held after February 2016. [...]
The post PSR bares its teeth issuing public censure on Cheque & Credit Clearing Company appeared first on Payments Cards & Mobile.