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Latest news
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News
- The PSR is up and running
- PSR decision on Bacs request to extend the date for compliance with PSR Specific Direction 2 on competitive procurement of central infrastructure
- Our annual reports on whistleblowing disclosures
- New Chair of Payment Systems Regulator Panel confirmed
- PSR directions to start from 30 April 2015
- Industry code of conduct for indirect access - our response
- An update on our access work
- CMA retail banking investigation - our response
- Statement on card schemes subject to domestic interchange fee caps in the UK
- PSR statement on European Union referendum result
- A year in review: PSR publishes its Annual Report
- Changes to PSR General Directions 2, 3 and 4
- Statement regarding the acquisition of Vocalink by Mastercard Incorporated
- Report shows PSR is opening up payment systems and helping new players enter the banking sector
- Payment Systems Regulator appoints Ruth Evans as chair of the Payments Strategy Forum
- Payments infrastructure needs reform, says regulator
- PSR issues final guidance on EU payment card legislation
- Payment Systems Regulator publishes annual report and accounts for year ending 31 March 2015
- The year ahead: Payment Systems Regulator publishes annual plan
- PSR responds to updated code of conduct for indirect access
- Payments industry going through biggest shake-up in a generation
- Clarification on timetable for PSR fees
- Simon Ricketts appointed as Non-Executive Director to the Payments Systems Regulator Board
- PSR encourages all users of payment services to take part in the Payment Strategy Forum's consultation on the future of UK payments
- PSR issues public censure on Cheque and Credit Clearing Company Ltd
- PSR consults on Regulatory Fees 2018/19
- PSR’s annual monitoring: CASS’s compliance with the Payment Account Regulations 2015
- Our response to concerns about the future of Britain's free-to-use ATM network
- PSR responds to LINK’s announcement of changes to the UK’s ATM network
- Payment Systems Regulator confirms plans to protect victims of payment scams
- PSR responds to UK Finance's annual fraud figures for 2017
- Consolidation of UK Payment Systems Operators
- PSR’s approach to financial services legislation under the European Union (Withdrawal) Act
- Payment Systems Regulator comments on concerns about free-to-use ATM closures
- Payment Systems Regulator responds to LINK's announcement on interchange rate implementation
- Payment Systems Regulator announces market review into card-acquiring services
- PSR responds to LINK's first ATM Footprint Report
- PSR responds to UK Finance's fraud data
- Chair announced for new delivery group to oversee proposed consolidation of Bacs, Faster Payments Service and Cheque and Credit Clearing Company
- Payments UK looking for views on industry code of conduct for indirect access
- PSR sets out how it will regulate the new EU Interchange Fee Regulation in the UK
- PSR appoints Paul Smith as Head of Policy
- Banks should sell their stake in UK payments infrastructure to help increase innovation and competition
- New report shines a light on the supply of indirect access to payment systems
- PSR meets important Forum milestone
- PSR welcomes today’s publication of an industry code to protect consumers against authorised push payment (APP) scams
- PSR responds to second Footprint Report from LINK
- PSR responds to third ATM Footprint Report from LINK
- Payment Systems Regulator welcomes appointment of first chair of New Payment System Operator
- PSR responds to Bank of England announcement on blueprint for new UK Real Time Gross Settlements service
- PSR responds to Bank of England announcement on extending access to RTGS accounts for non-bank payments service providers
- PSR responds to Bank of England plans to extend access to central bank money to non-banks
- FCA and PSR Boards appoint new members to decision-making committees, including new chair and two deputy chairs
- PSR responds to the interim Access to Cash Review
- PSR confirms market review into card-acquiring services
- 2017/18: A year of substantial progress
- Shaping the future of data in payment systems
- Payment Systems Regulator receives super-complaint from Which? on safeguards in the market for push payments
- Access all areas: Supply of indirect access to payment systems improving says regulator
- Payment Systems Regulator publishes Annual Plan 2018/19
- Delivery plan announced for the consolidation of the operators of BACS, Faster payments Service and Cheque and Credit Clearing
- New Payment System Operator formed
- Charles Randell CBE appointed new Chair of the Payment Systems Regulator
- 2017 set to be a record breaking year for access to payment systems
- PSR paves the way for competition in payment systems infrastructure
- Payment Systems Regulator sets out progress on work to tackle payment scams
- New Payment Systems Regulator puts customers and payments users at the heart of the £75 trillion UK payment systems industry
- The PSR confirms how it will monitor and enforce new EU rules on access to payment systems
- PSR publishes Annual Plan and outlines three new important pieces of work
- An update on our work to tackle payment scams
- Making a difference: Payment Systems Regulator publishes its annual report
- PSR kick-starts industry-wide effort to tackle payment scams
- Another record year for access to payment systems; trend to continue into 2018
- PSR takes 'generational' step towards wholesale change of the payments infrastructure
- PSR sets out how it will identify payment system operators' role in tackling payment scams
- Financial services firms need to make merchant service charges more transparent, says regulator
- Payment Systems Regulator confirms members of the new strategy-setting Payments Strategy Forum
- Payment Systems Regulator welcomes Natalie Ceeney's review into access to cash
- PSR responds to UK Finance’s annual fraud figures for 2018
- PSR publishes Annual Plan 2019/20
- PSR responds to HM Treasury's commitment to protecting cash access
- More improvements as new participants join payment systems
- Joint statement from the PSR, FCA, PRA and CMA about regulatory coordination
- PSR annual report and accounts 2018-19: press release
- PSR publishes detailed research into how people and business access cash
- PSR seeks feedback on its updated Powers and Procedures Guidance
- PSR responds to LINK's new pilot and High Street Protected Scheme
- Payment Systems Regulator Board announces Chris Hemsley as Managing Director
- Payment Systems Regulator sets date for implementation of Confirmation of Payee
- PSR welcomes new industry code that protects people from APP scams
- Payment Systems Regulator opens follow-up consultation on Confirmation of Payee
- PSR welcomes major boost in protection from Authorised Push Payment scams, to begin in May 2019
- PSR opens consultation for Confirmation of Payee
- PSR to explore opening up access to data in the UK’s new payments architecture
- PSR responds to Which?'s report on cash access
- PSR responds to UK Finance's latest fraud report
- Payment Systems Regulator responds to UK Finance's local access to cash initiatives
- PSR responds to Barclays’s announcement about the removal of cash withdrawal services from Post Office branches
- PSR responds to Competition and Markets Authority’s approval to create New Payments Systems Operator
- Warning about fraudsters posing as PSR employees
- PSR appoints Genevieve Marjoribanks as new Head of Policy
- PSR seeks views on competition and innovation in the UK’s New Payments Architecture
- PSR revises Directions for regulated parties
- Payment Systems Regulator publishes Annual Plan and Budget for year 2020/21
- PSR responds to the Lending Standards Board's summary report on the CRM code
- The Financial Services Regulatory Initiatives Forum launches Grid to help financial firms’ planning
- Payment Systems Regulator appoints two new senior advisers
- PSR publishes updated Powers and Procedures Guidance (PPG) for regulated firms
- PSR announces development of new strategy for a changing world
- Payment Systems Regulator publishes Annual Report and Accounts for 2019/20
- PSR announces provisional findings of card acquiring market review
- Financial regulators publish updated Regulatory Initiatives Grid
- PSR consults on ways to reduce risks to the successful renewal of the UK’s interbank payment systems
- The PSR plans to bolster protections in payments
- Payment Systems Regulator publishes Annual Plan and Budget for 2021/22
- The PSR provisionally finds five companies broke the law by engaging in cartel behaviour in the pre-paid cards market
- PSR seeks views on next steps for all banks to deliver Confirmation of Payee
- PSR publishes new strategy designed to unlock the potential of UK payments
- Payment Systems Regulator publishes Annual Report and Accounts for 2020/21
- Payment Systems Regulator sets out decisions for reducing risks to the successful renewal of the UK’s interbank payments infrastructure
- The PSR and the PSR Panel Launches Digital Payments Initiative: Realising the Benefits of Digital Payments
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Announcements
- PSR decision on Faster Payments Scheme request to extend the date for compliance with PSR Specific Direction 3 on competitive procurement of central infrastructure
- Review of Specific Direction 8 (LINK)
- Consolidation of UK retail payment systems is now complete
- Andrew Bailey appointed as Non-Executive Director to the PSR Board
- HM Treasury publishes Payments Accounts (Amendment) (EU Exit) Regulations 2018: draft statutory instrument
- New Head of Policy and Chief Economist start work at the PSR
- PSR update on its market review into the supply of card-acquiring services
- PSR and FCA Boards appoint new members to decision-making committees
- Hannah Nixon to leave the Payment Systems Regulator
- PSR announces appointments to the PSR Board
- Update on publication of the card-acquiring market review interim report
- PSR's annual monitoring 2019: CASS's compliance with the Payment Account Regulations 2015
- PSR update on its approach to the profitability analysis for its market review into card-acquiring services
- The transformation of payments - Chris Hemsley gives inaugural speech as PSR Managing Director
- Joint statement from the FCA, BoE, PRA, CMA, PSR on the launch of the Financial Services Regulatory Initiatives Forum
- PSR confirms changes to its board
- PSR and FCA respond to the CMA’s guidance on business cooperation under competition law
- Supplier relief due to COVID-19
- Update on our Call for input: Competition and Innovation in the UK's New Payments Architecture
- PSR Board confirms appointment of non-executive director
- An update on the implementation of Confirmation of Payee
- PSR announces development of new strategy for a changing world
- The FCA’s and PSR’s joint approach to Access to Cash
- Update on our work supporting cash access during the COVID-19 pandemic
- PSR confirms widespread implementation of name-checking system, Confirmation of Payee
- Update on Annual Report and Accounts 2019/20
- Consumer protection: Driving innovation and competition in real-time payments
- PSR’s annual monitoring 2020: CASS’s compliance with the Payment Account Regulations 2015
- PSR confirms appointment of Faith Reynolds as non-executive board director
- Access to cash – FCA and PSR joint statement
- PSR appoints former BBC chief economist, Natalie Timan, to lead new Strategy Analysis and Monitoring division
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Publications
- Legislative update: cheque imaging and payment systems access
- PSR quarterly update Summer 2020
- Payment Systems Regulator appoints Ofgem’s Hannah Nixon as managing director
- PSR industry consultation event
- Payment Systems Regulator completes leadership team with three senior appointments
- The Payment Systems Regulator sets out how it will regulate the £75 trillion industry that underpins UK’s everyday financial activity
- Payments Strategy Forum working group confirmed
- PSR consultation event – watch in full
- CP14/26: Regulatory fees and levies: policy proposals for 2015/16
- Developing the Payments Strategy Forum
- Timeframe extended for responding to consultation on PSR fees
- Latest legislative changes
- Tender for international comparisons of payment systems - research
- New appointments to the PSR Board
- Application of the IFR: phase 1 final guidance
- Provisional determination of card schemes that are subject to domestic interchange fee caps in the UK
- PSR CP 16/4: Our approach to handling applications under sections 56 and 57 FSBRA
- Update on the Forum
- Panel vacancy - Representative of Large Corporate Users of Payment Systems
- PSR CP16/5: Our proposed method for allocating the money we retain from financial penalties that we have imposed
- Hannah Nixon's speech at the Payments Strategy Forum's Final Strategy launch event
- Statement on card schemes subject to domestic interchange fee caps in the UK in 2017/18
- Statement from the PSO Delivery Group
- Recruitment: non-executive director for the PSR board
- Annual Plan Launch Event
- PSR annual plan launch event highlights
- John Griffith-Jones confirms plan to leave the PSR and FCA in March 2018
- The PSR Panel announces appointment of six new members
- PSR receives first application under section 57 FSBRA
- Statement on card schemes subject to domestic interchange fee caps in the UK in 2018
- Responses to CP 17/44: PSR regulatory fees
- The PSR's 2018 information notices issued in relation to monitoring of article 5 of the EU Interchange Fee Regulation
- PSR responds to launch of the Payments Strategy Forum's draft strategy
- Regional stakeholder events: Leeds and Edinburgh
- PSR goes on the road: regional events announced for Leeds and Edinburgh
- Forum Documents
- PSR PS 15/2: Final Guidance - Competition Act 1998 & Market Reviews, Market Studies and Market Investigation References
- Forum starts work on issues raised by Payments Community
- The application of the Interchange Fee Regulation in the UK
- Forum moves from set-up to implementation
- The Forum updates the Payments Community - January 2016
- PSR CP 16/1: The application of the Payment Accounts Regulations in the UK
- Statement on indirect access and governance requirements for card payment systems
- PS 16/2: The application of the Payment Accounts Regulations in the UK
- Payments Community Roundtable Documents
- PSR responds to perceptions survey
- Launch of PSR's Annual Plan 2019-20
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News
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Thought pieces
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Thought pieces
- Making sure payment systems are fit to face unprecedented challenges
- Getting the right outcomes for the victims of APP scams
- The role of regulators in stimulating innovation
- Innovation: the ancient process central to economic growth
- Challenges to innovation
- Was sliced bread really the best thing?
- When market incentives fail consumers, the PSR must lead the way
- From consultation to inclusive design – the power of lived experience
- Competition... the final frontier?
- Video - The role of competition and the need for regulation
- Competition in Payments: One Size Does Not Fit All
- Video - The role of innovation in promoting competition that benefits consumers
- Should we maintain a cash system at any cost?
- How do we ensure that people and businesses can make the payments they need and want to in all circumstances?
- What's a payment worth to you?
- Choosing how to pay: how it works in South Korea
- If card payments are so good, why would I use anything else?
- Dimensions of choice in payments
- How do you solve a problem like protections in interbank payments?
- Competition - something to create benefits, not a benefit in itself
- Supporting the successful renewal of the UK’s interbank payment systems
- Successful leadership in a hybrid world
- Crypto assets and the PSR
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Thought pieces
- Events
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Speeches
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Speeches
- Chris Hemsley's inaugural speech as the PSR's Managing Director - The transformation of payments
- Genevieve Marjoribanks Payment Systems Innovation and Regulation Summit speech - 3 June 2020
- Genevieve Marjoribanks Westminster Business eForum speech – 19 May 2020
- Chris Hemsley's speech at the Westminster Business Forum - 23 January 2020
- Chris Hemsley's speech at Which?'s Cash Summit - 12 June 2019
- Matthew Cherry's speech for PSE Consulting Merchant Acquiring Conference, 14 November 2018
- Hannah Nixon's keynote speech - Annual Plan 2018/19 launch event
- Carole Begent’s speaker notes for the BLP and BIICL ‘Competition in Financial Services’ Conference
- Hannah Nixon's speech at the Payments Strategy Forum event
- Paul Smith's speech at the Payments Innovation Conference in South Africa
- Hannah Nixon's speech at the New Payment System Operator Update
- Paul Smith's speech at at the International Cards and Payments Conference 2017
- Hannah Nixon's speech at the PSR's Annual Plan launch event 2017
- The launch of ClearBank
- The regulatory challenges ahead - speech by Hannah Nixon at the Westminster Business Forum
- Hannah Nixon's keynote speech at the BBA Future of Payments Conference 2016
- UK payments sector - a perfect storm for new ideas and innovation
- Competition in the Payments Sector – a year in review of the PSR
- Paul Smith's speech at the Building Societies Association
- A tale of two market reviews
- From paper to reality
- Welcome from Hannah Nixon
- Opening remarks from Ruth Evans, chair of the Payments Strategy Forum
- The innovation challenge
- PayExpo 2015 Future of Payments Summit - keynote speech by Mark Falcon
- Mark Falcon's speech at the Association of Foreign Banks International Banking Conference
- A new regulator for a new world
- Payment systems: the regulatory challenge
- The future of payment systems – and the PSR
- Genevieve Marjoribanks Pay360 keynote speech - 18 March 2021
- Genevieve Marjoribanks Westminster eForum Policy Conference speech - 10 June 2021
- Chris Hemsley - speech given at the Lending Standards Board's industry event - a virtual view of self-regulation - 21 July 2021
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Speeches
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Latest news
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Publications
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News
- PSR responds to CMA
- Payments Strategy Forum: call for members
- Information requests from the PSR in relation to the EU Interchange Fee Regulation
- Super-complaint from Which?
- Survey for payment service providers
- Access and governance report 2015
- Business Impact Target 2018
- PSR and Bank of England joint statement on PSODG report
- Protocol between the Financial Conduct Authority and the Payment Systems Regulator on the enforcement of Regulation 105 of the Payment Services Regulations 2017
- Review of the PSR Board's effectiveness
- Access and governance report on payment systems 2017
- New Payment System Operator
- Which? authorised push payment super-complaint: our response
- Access and governance report on payment systems 2018 - update on progress
- The Business Impact Target 2017
- Factsheet - Access and governance report on payment systems 2018
- New Payment System Operator (NPSO) replies to PSR's open letter
- Factsheet - PSR response to Which? super-complaint
- Access and governance report - Annex: The operator's progress in 2016
- Access and governance report 2017 - factsheet
- Payments Strategy Forum: Roundtable Presentation - January 2016
- Payments Community Briefing Document - January 2016
- First Forum meeting - draft minutes
- PSR quarterly update Summer 2020
- PSR quarterly update Summer 2021
- Consultations
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News
