Specific Direction News Today

On 17 April 2024, the Payment Systems Regulator (PSR) published a consultation on the data and information that payment service providers (PSPs) will be required to provide to Pay.UK to...

On 19 December 2023, the Payment Systems Regulator (PSR) published its final policy statement on fighting authorised push payment (APP) scams alongside three legal instruments that will...

Key developments of interest over the last month include: the UK FCA’s publication of a portfolio letter to payments and e-money firms; the U.S. Federal Reserve announcing the July 2023...

ACS (the Association of Convenience Stores) has written to the economic secretary to the Treasury Andrew Griffith MP calling for action to protect access

Key developments of interest over the last month include: the UK Payment Systems Regulator’s proposals on mandatory reimbursement for APP fraud; the Central Bank of Ireland’s...

Key developments of interest over the last month include: Stop Press: The international response to Russia’s invasion of Ukraine on 24 February 2022 includes a number of significant...

The U.K. Payment Systems Regulator has announced a phase-out of the Phase 1 technical environment that enables certain U.K. payment services providers to provide confirmation of payee...

Key developments of interest over the last month include: Hong Kong: HKMA issues Discussion Paper on crypto and stablecoins Ireland: Central Bank publishes "Dear CEO" letter on...

Access To Cash UK Financial Conduct Authority And UK Payment Systems Regulator Joint Statement Date 13/05/2021 Access to cash and banking services remain vital for many consumers and businesses. Our Financial Lives Survey in 2020 found that 5 million adults use cash for most of their purchases. The pandemic has led to more people becoming familiar with contactless card payments and internet shopping. The overall decline in the use of cash makes it more expensive to maintain the existing in...