How much progress has been made since the independent Future of Payments Review 2023, led by Joe Garner? Will the FCA and PSR’s memorandum revisions substantially change the scope of UK payments regulation from what it is today? What can the industry expect from the post implementation review of the authorised push payment fraud reimbursement rules? How will distributed ledger technologies, artificial intelligence and enhanced data sharing “fundamentally alter the ecosystem,” as the National Payments Vision states? In November 2024, Rachel Reeves, the UK’s new Chancellor of the Exchequer, delivered…
