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Payments innovation: Bank of England signals more regulatory and infrastructure changes ahead | Hogan Lovells

Bank of England, FCA, PRA and PSR conduct review of MoU for payment systems in the UK

The Bank of England, FCA, PRA and PSR have conducted a 2023 review of the Memorandum of Understanding for payment systems in the UK.

One year on from Silicon Valley Bank collapse

UK Open Banking: PSR consultation on variable recurring payments and JROC update on progress | Hogan Lovells

In the latest developments relating to the UK's open banking landscape, on 18 December 2023 the Payment Systems Regulator (PSR) released a consultation paper outlining plans for...

Seven things banks will be looking out for in 2024

From the government's key policies to major reviews into the financial services sector: seven things banks are looking our for next year

Irish government consults on a future National Payments Strategy | Hogan Lovells

Against the backdrop of accelerating change in the payments landscape at both a national and EU level, the Irish government has launched a public consultation on a future National...

UK Future of Payments Review Report calls for National Payments Vision and Strategy | Hogan Lovells

HM Treasury has published a report on the Future of Payments Review 2023 (the Report), which was launched as part of the Chancellor's Mansion House Reforms in July 2023. The Report aims...

Payments has always been the gateway drug to fintech

Cards remain a central part of consumer payments — is that a problem?

UK: Autumn Statement – financial services announcements at a glance | Hogan Lovells

The Chancellor of the Exchequer, the Rt Hon Jeremy Hunt MP, presented HM Treasury’s Autumn Statement for growth on 22 November 2023.  We summarise below the key proposals relating to...

PaymentExpert: UK playing catch-up on key Open Banking disciplines