The Latest Breaking News from The Payment Systems Regulator

Bank of Ireland UK fined £3.7m after introducing anti-fraud tool a year late

The safeguard was not applied to payments totalling around £6.9 billion, the Payment Systems Regulator (PSR) said.

Evening Standard · Feb 19

£66m returned to APP scam victims in first six months of rules going live

The Payment Systems Regulator said the data shows ‘positive outcomes for consumers’ in the first six months of mandatory reimbursement rules.

Evening Standard · Jul 16, 2025

‘High proportion’ of APP scam victims getting their money back under new rules

The policy launched last October has been successfully implemented and more consumers have been protected, a Payments Systems Regulator boss said.

Evening Standard · May 15, 2025

Mastercard and Visa raising fees but not improving quality, watchdog warns

The Payment Systems Regulator said it has provisionally concluded the cards market is not working well.

The Independent UK · May 21, 2024

UK economy heading for ‘soft landing’ says IMF, in warning against tax cuts – as it happened

The IMF has delivered its verdict on the UK economy, and signalling its opposition to pre-election tax cuts from Jeremy Hunt

The Guardian - UK · May 21, 2024

New requirements to reimburse victims of bank transfer scams set out

The new consumer protections against authorised push payment fraud will come into force from October 7 2024.

The Independent UK · Dec 19, 2023