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Retail FX

UK's Digital Wallet Surge: PSR and FCA Examine Consumer and Business Effects

More than half of UK adults now use digital wallets like Apple Pay, Google Pay, and PayPal.
Regulators are examining their market impact, with results expected by early 2025.

Monday, 15/07/2024 | 14:41 GMT by Tareq Sikder

Payments

Behind the Mastercard and Visa Crackdown: How the PSR Scrutinizes Card Scheme Fees

The Payment Systems Regulator answers key questions on proposed reforms.

Wednesday, 22/05/2024 | 14:08 GMT by Pedro Ferreira

Payments

UK Contemplates Visa and Mastercard Fee Caps Amid Crypto Disruption

Can cryptocurrencies disrupt Mastercard and Visa's 99% stronghold?

Thursday, 14/12/2023 | 12:19 GMT by Pedro Ferreira

Retail FX

FCA's Review Reveals Alarming Trend: APP Scam Losses Soar

In the first half, there were £239.3 million in losses from APP scams, marking an increase of 22%.
£152.8 million, representing 64% of the losses, was reimbursed to victims.

Tuesday, 07/11/2023 | 12:08 GMT by Tareq Sikder

Executives

FCA Appoints Aidene Walsh as PSR Chair

She served as an interim Chair and has been connected with the entity since 2020.
Walsh simultaneously joins the FCA Board.

Wednesday, 01/02/2023 | 12:07 GMT by Damian Chmiel

Payments

UK Payments Regulator to Launch Review on Visa and Mastercard Fees

Fees charged by these two card companies have increased five-fold since Brexit.
The regulator wants to understand the rationale behind the rise in fees.

Tuesday, 21/06/2022 | 08:07 GMT by Arnab Shome

Payments

UK’s Payment Systems Regulator to Foster More Competitive Domestic Playing Field

The PSR is trying to shake up the status quo with new third-party entrants into the payments market.

Wednesday, 07/12/2016 | 20:13 GMT by Jeff Patterson

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