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Payments industry going through biggest shake-up in a generation

PSR welcomes the first industry-wide strategy to overhaul the UK payment systems.

News 29/11/2016

PSR CP16/5: Our proposed method for allocating the money we retain from financial penalties that we have imposed

The PSR is consulting on its draft Financial Penalty Scheme to provide clarity on how it proposes to…

News 17/11/2016

Chair announced for new delivery group to oversee proposed consolidation of Bacs, Faster Payments Service and Cheque and Credit Clearing Company

The Payment Systems Regulator (PSR) has today announced the membership of a Payment System Operator…

News 21/10/2016

PSR responds to updated code of conduct for indirect access

Working with the largest providers of indirect access, Payments UK has published an updated Code of…

News 29/09/2016

Payment Systems Regulator receives super-complaint from Which? on safeguards in the market for push payments

The Payment Systems Regulator (PSR), the economic regulator for the £75 trillion UK payment systems…

News 23/09/2016

Payments infrastructure needs reform, says regulator

The Payment Systems Regulator (PSR) has today announced that the UK payments infrastructure needs to…

News 28/07/2016

PSR CP 16/4: Our approach to handling applications under sections 56 and 57 FSBRA

The PSR is consulting on draft guidance to provide clarity on how it proposes to use its powers to r…

News 21/07/2016

Access all areas: Supply of indirect access to payment systems improving says regulator

Work to open up access to payment systems is generating increasingly positive results according to t…

News 21/07/2016

Statement regarding the acquisition of Vocalink by Mastercard Incorporated

Responding to the news that MasterCard Inc is to acquire VocaLink, a spokesperson for the Payment Sy…

News 21/07/2016