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The PSR Panel’s Digital Payments Initiative Report

United Kingdom - May 25 2022 The report identified barriers to the greater take-up of digital payments and proposed recommendations for addressing existing obstacles. It…

Shane Barber, Michelle Chan, Stefano Febbi, José Luis Lorente Howell, Cathie-Rosalie Joly, Dr. Michael Jünemann, Nassos Kalliris, Saskia King, Kristiina Lehvilä, Gregory Man, Scott McInnes, Annette Printz Nielsen, Gavin Punia, Ivan Sagál, Konrád Siegler, Hans Svensson, Sławomir Szepietowski

Belgium - NBB communication on obstacles to open banking and on access to credit card accounts

Belgium, European Union - May 23 2022 On 3 May 2022, the National Bank of Belgium (NBB) released a ‘Communication’ (available in French here and in Dutch here) in which it specified how…

Shane Barber, Michelle Chan, Stefano Febbi, José Luis Lorente Howell, Cathie-Rosalie Joly, Dr. Michael Jünemann, Kristiina Lehvilä, Gregory Man, Scott McInnes, Annette Printz Nielsen, Julien Sad, Ivan Sagál, Konrád Siegler, Hans Svensson, Sławomir Szepietowski

Belgium - all brick-and-mortar businesses will have to offer at least one means of electronic payment to consumers

Belgium, European Union - May 23 2022 As of 1st of July 2022, any customer-facing business undertaking carrying out a business activity in Belgium will be required to offer at least one…

Shane Barber, Michelle Chan, Stefano Febbi, José Luis Lorente Howell, Cathie-Rosalie Joly, Dr. Michael Jünemann, Kristiina Lehvilä, Gregory Man, Scott McInnes, Annette Printz Nielsen, Julien Sad, Ivan Sagál, Konrád Siegler, Hans Svensson, Sławomir Szepietowski

VRPs and future oversight of the CMA’s Open Banking remedies

United Kingdom - May 11 2022 This month saw NatWest Group partner with three open banking payment providers, TrueLayer, GoCardless and Crezco, to offer Variable Recurring…

Shane Barber, Michelle Chan, Stefano Febbi, Christina Fleming, José Luis Lorente Howell, Cathie-Rosalie Joly, Dr. Michael Jünemann, Gregory Man, Scott McInnes, Annette Printz Nielsen, Ivan Sagál, Konrád Siegler, Hans Svensson, Sławomir Szepietowski

HM Treasury publishes stablecoin response

European Union, United Kingdom - April 11 2022 HM Treasury publishes consultation response on bringing stablecoin issuers, cryptoasset exchanges and wallet providers into existing UK e-money and…

Shane Barber, Michelle Chan, Stefano Febbi, José Luis Lorente Howell, Cathie-Rosalie Joly, Dr. Michael Jünemann, Kristiina Lehvilä, Gregory Man, Scott McInnes, Annette Printz Nielsen, Gavin Punia, Ivan Sagál, Konrád Siegler, Hans Svensson, Sławomir Szepietowski, David Wang