Skip to content
PSPs RSS
BoE allows UK’s non-bank PSPs to gain access to RTGS accounts
The Bank of England has extended direct access to Real Time Gross Settlement (RTGS) accounts to non-bank payment service providers as part of a wide-ranging effort to inject more competition and innovation into the UK’s payments systems. The widely-trailed move is expected to open up a competitive space which has long been the preserve of [...]
The post BoE allows UK’s non-bank PSPs to gain access to RTGS accounts appeared first on Payments Cards & Mobile.
PSR annual – Access and governance report on payment systems
The Payment Systems Regulator (PSR) was established to promote effective competition and innovation in payment systems. Ensuring open access to participants and potential participants is a key component of this. The PSR’s open access programme has been a cornerstone of its work and is now delivering meaningful results for service-users. Over the last year the PSR says [...]
The post PSR annual – Access and governance report on payment systems appeared first on Payments Cards & Mobile.
ACI enables PSPs and challenger banks to access UK Faster Payments
ACI Worldwide has announced a collaboration opening up access to the Faster Payments Scheme in the UK for a significant number of financial institutions, including challenger banks and payment service providers (PSPs). Historically, access to the Faster Payments Scheme for challenger banks and PSPs was restrictive, often not real-time and typically expensive. ACI’s relationship with Raphaels [...]
The post ACI enables PSPs and challenger banks to access UK Faster Payments appeared first on Payments Cards & Mobile.
