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U.K. narrows scope of payments overhaul

The New Payments Architecture was delayed for years due to COVID and other factors. It will move ahead focused only on push payments instead of replacing two national rails. ....

United States , United Kingdom , City Of , Latham Watkins , Bob Lyddon , Brett Carr , Epayments Architecture , Systems Regulator , American Banker , Pay United Kingdom , Faster Payments , Regulation And Compliance , Pso Content , Pso Feature ,

Payments regulatory news, February 2021 # 2 | Hogan Lovells

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Recent regulatory developments focussed on the payments sector. See also our General Regulatory News of broad relevance in the Related Materials links.
Contents
APP scams: PSR call for views
Consumer protection in interbank payments: PSR call for views
Consumer Research 2020: PSR summary report
New Payments Architecture: PSR CP21/2
The UK Payment Systems Regulator (PSR) has published a consultation paper, CP21/2, on the options for reducing risks to the successful delivery of the New Payments Architecture (NPA). It has also published responses to its January 2020 call for input on competition and innovation in the NPA. ....

United Kingdom , Consumer Research , Faster Payments Service , Epayments Architecture , United Kingdom Payment Systems Regulator , New Payments Architecture , Faster Payments , Pay United Kingdom , Contingent Reimbursement Model , Bacs Direct Credit , ஒன்றுபட்டது கிஂக்டம் , நுகர்வோர் ஆராய்ச்சி , வேகமாக கொடுப்பனவுகள் சேவை , கொடுப்பனவுகள் கட்டிடக்கலை , ஒன்றுபட்டது கிஂக்டம் கட்டணம் அமைப்புகள் சீராக்கி , புதியது கொடுப்பனவுகள் கட்டிடக்கலை , வேகமாக கொடுப்பனவுகள் , செலுத்த ஒன்றுபட்டது கிஂக்டம் , தொடர்ந்து கொடுக்கப்படுவதுடன் மாதிரி , பாக்ஸ் நேரடி கடன் ,