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Competition in payments: The rise of A2A payments and the role of regulation

Innovation is enabling new types of payments and creating a truly dynamic ecosystem. Yet in order to. ....

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Global Payments Newsletter, June 2021 | Hogan Lovells

Global Payments Newsletter, June 2021 | Hogan Lovells
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Global Payments Newsletter, February 2021 | Hogan Lovells

Key developments of interest over the last month include:
• United Kingdom: The Payment Systems Regulator (PSR) has published two calls for views, one of which focuses on authorised push payment (APP) scams and the other on consumer protection in interbank payments.
• India: The government is planning a cryptocurrency bill with the aim of establishing a framework for the creation of an official digital currency to be issued by the Reserve Bank of India.
• United Kingdom: The FCA is consulting on changes to its technical standards on strong customer authentication (SCA) and common and secure methods of communication (UK SCA-RTS) and to its Payment Services and Electronic Money Approach Document. ....

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