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Current status of the proposed PSD2 and MIF regulation

European Union - April 11 2014 The European Commission adopted its proposal for both the proposed Directive on payment services in the Internal Market (PSD2) and the proposed…

Tim Buckingham, Alastair Harris, Richard Jones

Government to make it easier to check that you’ve got the right bank deal

United Kingdom - April 11 2014 On 16 March 2014, the Government announced, in a press release, an agreement between major current account providers to give customers their account…

Tim Buckingham, Alastair Harris, Richard Jones

Plans unveiled to modernise cheque payments

United Kingdom - April 11 2014 We reported in Payment Matters: No. 6 on a Government press release published in December 2013, confirming the Government's new proposals on cheque…

Tim Buckingham, Alastair Harris, Richard Jones

Payments council confirms new mobile payments service to be called ‘paym’

United Kingdom - April 11 2014 On 10 March 2014, the Payments Council announced that its new secure way for consumers to pay using just a mobile number will be called 'Paym'. On 2…

Tim Buckingham, Alastair Harris, Richard Jones

Bank of England: “clearing houses as system risk managers”

United Kingdom - April 11 2014 On 17 March 2014, the Bank of England (BoE) published its "Supervision of Financial Market Infrastructures Annual Report". The report provides an…

Tim Buckingham, Alastair Harris, Richard Jones