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HM Treasury consults on designation of payments system

United Kingdom - November 24 2014 On 14 October 2014, HM Treasury published a consultation document on the designation of payment systems for regulation by the PSR. The consultation…

Alastair Harris, Richard Jones, Sarah Langham

Code of Conduct for MMPs

Global - November 24 2014 The GSMA (the global trade body for the mobile industry) has recently introduced a Code of Conduct for Mobile Money Providers (MMPs). The code…

Alastair Harris, Richard Jones, Sarah Langham

PSR consultation - a new regulatory framework for payment systems in the UK

United Kingdom - November 24 2014 The Payment Systems Regulator (PSR) has opened a consultation 'A new regulatory framework for payment systems in the UK' with responses due by Monday…

Alastair Harris, Richard Jones, Sarah Langham

French payments via Twitter

France - November 24 2014 France's second largest bank, Groupe BPCE, has unveiled new plans to team up with social media giant Twitter to allow customers to transfer money via…

Alastair Harris, Richard Jones, Sarah Langham

Meltdown of UK payments system

United Kingdom - November 24 2014 The Bank of England (BoE) experienced a 10-hour meltdown of CHAPS, one of its key payments systems on 20 October 2014, due to the BoE temporarily…

Alastair Harris, Richard Jones, Sarah Langham