By Andrew Moyle, Stuart Davis, Fiona Maclean, Christian McDermott and Charlotte Collins
The Bank of England (BoE) announced on 19 July 2017 that it is extending direct access to its real-time gross settlement (RTGS) service to non-bank payment service providers (i.e., e-money institutions and payment service providers that do not have regulatory
By Stuart Davis, Andrew Moyle, Fiona Maclean, Christian McDermott and Charlotte Collins
The Financial Conduct Authority (FCA) has provided an update on its regulatory sandbox initiative. The sandbox is part of Project Innovate, and allows businesses (whether already authorised or not) to test new offerings in the market under close supervision and without
By Christian McDermott, Calum Docherty, Stuart Davis and Anne Mainwaring
The European Banking Authority (EBA) has published its consultation document on security measures for operational and security risks under the revised Payment Services Directive (PSD2).
The WannaCry ransomware attack that swept across the globe last week revealed the destructive and indiscriminate nature of