Included in this issue: HM Treasury writes to consumer groups designating them as PSR super-complainants | Worldpay looks to trial facial recognition technology | PSR speech: From paper to reality | EPC launches consultation on Draft Revised Scheme Management Internal Rules | More banks partner in blockchain collaboration plan | Alibaba invests in India's Paytm | Samsung Pay launches in the US | ECON supplementary report on PSD2 | Visa Europe collaborates with Central Saint Martins | Eurosystem oversight policy framework published by ECB
REGULATORY
HM Treasury writes to consumer groups designating them as PSR super-complainants
HM Treasury has written to the following consumer groups informing them of its intention to designate them as Payment Systems Regulator super-complainants under the Financial Services (Banking Reform) Act 2013.
- Citizens Advice Bureaux
- Consumers' Association (Which?)
- Consumer Council for Northern Ireland
- Federation of Small Businesses
HM Treasury, 28 September 2015
UK
Worldpay looks to trial facial recognition technology
Researchers at Worldpay are looking at using facial recognition technology in order to help combat card fraud in stores across the UK.
Finextra, 1 October 2015
PSR speech: From paper to reality
A speech by the managing director of the PSR, Hannah Nixon given at the British Bankers' Association at The Future of Payments Conference held in London.
Payment Systems Regulator, 24 September 2015
WORLDWIDE
EPC launches consultation on Draft Revised Scheme Management Internal Rules
The European Payments Council has launched a consultation on a draft revised version of the Scheme Management Internal Rules (SMIRs). The consultation runs until 31 December 2015.
European Payments Council, 1 October 2015
More banks partner in blockchain collaboration plan
An initiative to create a set of global standards for the use of distributed ledger technology in financial markets has picked up momentum, with another 13 major banks entering the collaboration.
Finextra, 29 September 2015
Alibaba invests in India's Paytm
Alibaba and subsidiary Ant Financial have made a strategic investment in Indian mobile commerce network Paytm, which will enable the company to achieve scale and develop its ecosystem.
Alibaba Group, 29 September 2015
Samsung Pay launches in the US
Samsung has launched its mobile payments service in the US, with support from the three major card schemes and Citi, Bank of America and US Bank.
Finextra, 28 September 2015
ECON supplementary report on PSD2
The European Parliament's Committee on Economic and Monetary Affairs has published a supplementary report on a proposal to replace the Payment Services Directive.
ECON, 28 September 2015
Visa Europe collaborates with Central Saint Martins
Visa has announced a collaboration with Central Saint Martins College to challenge students and graduates in how a wearable payment device could look and function by 2020
Visa Europe, 24 September 2015
Eurosystem oversight policy framework published by ECB
The European Central Bank has published a Eurosystem oversight policy framework for payment and settlement systems.
The European Central Bank, 23 September 2015
