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Tag: Payment Systems Regulator

UK updates on new Open Banking entity

UK authorities have published an update on plans for a successor to the Open Banking Implementation Entity (OBIE). Following an order by...

Axe the Card Tax campaign calls for cost of card payment review

The Axe the Card Tax campaign has called to the UK Treasury and Payments System Regulator to review the cost of card payments...

Barclays fined £8.4m by payments regulator for breaking interchange fee rule

The UK Payment Systems Regulator (PSR) has fined banking heavyweight Barclays £8.4 million for failing to comply with the Interchange Fee Regulation (IFR). Barclays fined...

Barclays slapped with £8.4 million interchange fee fine

The Payment Systems Regulator has fined Barclays Bank £10 million for failing to supply retailers with full information about the fees attached to...

Mandated action on multiple parties is needed for APP fraud prevention (John Bertrand)

Over the last three months, The House of Lords, European Commission and the Payment System Regulator (PSR) published detailed reports and proposals on how to...

Payment Systems Regulator outlines card-acquiring market remedies

The UK’s Payment Systems Regulator (PSR) has directed 14 card-acquiring providers to ensure that smaller firms are able to shop around and negotiate for...

UK’s Payment Systems Regulator fines Mastercard £31.5m for competition law violations

Five prepaid card companies admitted to cartel behaviour while supplying local authorities.

British Payments Regulator Fines Mastercard and 4 Others £33M

The United Kingdom’s Payment Systems Regulator (PSA) has imposed a total penalty of more than £33 million on five pre-paid card issuers: Mastercard, allpay, Advanced Payment Solutions, Prepaid Fina...

Kim Kardashian, Floyd Mayweather Sued for Inappropriately Promoting Cryptocurrency Token

Kim Kardashian, Floyd Mayweather Jr. Sued for Inappropriately Promoting Cryptocurrency TokenReality TV star Kim Kardashian and boxing legend Floyd Mayweather Jr. are facing a class-action lawsuit over their promotion of Ethereummax and the EMAX cryptocurrency token. The celebrities’ “improper promotional activities generated the trading volume needed for all the defendants to offload their EMAX tokens onto unsuspecting investors,” the lawsuit alleges. Kim Kardashian and […]

Open Banking Expo reunites Open Banking and Open Finance ecosystem after 18 months apart

8 September 2021, London, UK - Open Banking Expo, the largest global community of Open Banking and Open Finance executives driving the biggest digital...

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