12 Dec, 2024 UK opens review of its administration regime for payment firms By Harry Eddis Richard Hay Frances Hodgkins Olivia Murphy Arjun Lakhani Sam Quicke +3 more... Show less HM Treasury has launched an independent review of PESAR, the Payment and Electronic Money Special Administration Regime. PESAR was...
25 Sep, 2024 Payments firms face stricter safeguarding standards By Harry Eddis Richard Hay Frances Hodgkins Arjun Lakhani Olivia Murphy Sam Quicke Bethan Poole Simon Treacy +5 more... Show less The Financial Conduct Authority has set out its stall to strengthen safeguarding rules for payments and e-money firms. Firms will need to...
14 Mar, 2024 UK unveils measures to curb de-banking By Harry Eddis Frances Hodgkins Arjun Lakhani Olivia Murphy Bethan Poole Simon Treacy +3 more... Show less New draft legislation shows how banks and other firms will have to give customers more info when ending payment contracts. The reforms,...
12 Mar, 2024 UK plans to slow down payments where fraud is suspected By Harry Eddis Frances Hodgkins Arjun Lakhani Olivia Murphy Bethan Poole Simon Treacy +3 more... Show less Banks and other firms will be able to delay processing payments where there are grounds to suspect fraud, according to draft legislation...
26 Jan, 2024 Payments in 2024 #5 – All systems go: A significant year for payment systems By Harry Eddis Frances Hodgkins Arjun Lakhani Olivia Murphy Bethan Poole Simon Treacy +3 more... Show less The UK government has promised to release a National Payments Vision. In his first speech of the year, the Managing Director of the...
25 Jan, 2024 Payments in 2024 #4 – Coin money: Fitting stablecoins into regulation By Harry Eddis Frances Hodgkins Arjun Lakhani Olivia Murphy Bethan Poole Simon Treacy +3 more... Show less Whether they see stablecoins as a potential competitor or new product line, payments firms have a stake in how stablecoins and similar...
24 Jan, 2024 Payments in 2024 #3 – Fighting back: A milestone year for tackling payment fraud By Harry Eddis Frances Hodgkins Arjun Lakhani Olivia Murphy Bethan Poole Simon Treacy +3 more... Show less Fraud is the most common crime in England and Wales. Not only are payment service providers on the front line when it comes to preventing...
23 Jan, 2024 Payments in 2024 #2 – Better safe than sorry: Payments firms face changes to safeguarding rules By Harry Eddis Frances Hodgkins Arjun Lakhani Olivia Murphy Bethan Poole Simon Treacy +3 more... Show less Last year the Financial Conduct Authority told payments firms that their “top priority” should be ensuring that their customers’ money is...