Payments services
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UK government abolishes payments watchdog “to reduce burden on business”
The announcement is the latest step in the drive to cut back regulation and boost economic growth.
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Major UK banks had 803 hours of outages in the last two years
While deeply concerned about affected customers, the UK Treasury Committee was measured in its criticism, expressing gratitude to the banks compensating customers.
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Future priorities for payment firms in letter from FCA to CEOs
Latest Dear CEO letter addresses themes of innovation, competition and security.
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What are the Consumer Duty impacts across the payments sector value chain?
How to demonstrate a positive influence on customer outcomes.
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New safeguarding regime presents high compliance burden
Payments and e-money firms impacted by codification of guidance and new requirements including the imposition of a statutory trust.
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Why payments in open banking are a beacon for fintech innovation
Chris Hill asks fintechs to pay attention to new developments in the payments industry around open banking.
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One third of UK adults now using mobile contactless payments
UK Finance has published its latest Payment Markets Report.
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Fintech wrap: Calls for UK fraud rules delay, US push for inclusive faster payments
Our pick of the week’s fintech stories.