UK Government announces merger of PSR into FCA
March 21, 2025
The UK Government has announced plans to integrate the Payment Systems Regulator (PSR) into the Financial Conduct Authority (FCA) as part of its ‘Plan for
Tag: PSR
The PSR’s findings on card scheme and processing fees
March 13, 2025
The Payments Systems Regulator (PSR) has published its final report on the market review into card scheme and processing fees, revealing significant fee increases by
PSR delays regulatory requirements for Reimbursement Claims Management System (RCMS)
February 13, 2025
The Payment Systems Regulator (PSR) has issued an important update regarding the implementation of the Reimbursement Claims Management System (RCMS). Originally planned for May 2025,
How fraudsters target UK consumers in the digital age
December 24, 2024
In today’s increasingly digital world, fraudsters continue to adapt and exploit vulnerabilities, with Authorised Push Payment (APP) scams posing one of the most significant threats
FCA Dear CEO letters outline APP fraud reimbursement expectations
October 10, 2024
The Financial Conduct Authority (FCA) has issued two significant “Dear CEO” letters, marking the implementation of the new requirements for reimbursing victims of Authorised Push
PSR confirms APP scam reimbursement decision
September 26, 2024
On September 25th, the Payment Systems Regulator (PSR) confirmed its decision on the maximum reimbursement limit for victims of Authorised Push Payment (APP) scams. Starting
PSR confirms APP scam protection updates and consults on high-value fraud cap
September 11, 2024
The Payment Systems Regulator (PSR) has set a crucial date of 7 October 2024 for implementing new protections against Authorised Push Payment (APP) scams, reaffirming
FCA and PSR launch call for information on big tech’s role in digital wallets
August 15, 2024
The Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) have jointly issued a Call for Information to gather insights on the impact of
Extra time for payment service providers to investigate fraud
April 8, 2024
On March 12, 2024, HM Treasury announced its proposal for the Payment Services (Amendment) Regulations 2024. These new regulations aim to empower PSPs with more
PSR to host engagement sessions on APP scams reimbursement requirement
March 22, 2024
The Authorised Push Payment (APP) scams reimbursement requirement will officially take effect on 7 October 2024. This policy aims to provide protection to consumers who