In March 2025, the Government announced its intention to abolish the Payment Systems Regulator (PSR). We support this important decision because – while the PSR has laudable objectives to support competition, innovation and the interests of service users – we agree with the Government that that the regulatory environment is too complex;
Our Head of Strategic Policy, John Mowat, recently attended Travers Smith’s Future of Fintech 2025, taking part in a panel discussion exploring the evolving landscape of financial market infrastructures (FMIs).
Earlier this year, we announced a new three-year charity partnership with Age UK East London, focused on supporting older adults in the boroughs of Hackney, Newham, and Tower Hamlets.
We are pleased to release our Annual Report and Financial Statements 2024, highlighting our achievements and financial performance over the year, and the progress against our strategic priorities.
The Payments Vision Delivery Committee has now set out the future direction for UK payments and this marks a pivotal moment for our industry.
Pay.UK welcomes the opportunity created by the National Payments Vision, and the concomitant changes in the regulatory structure, to reform the organisational framework at the heart of UK payments.
Our Head of Product, Euan Ballantyne recently moderated a panel discussion that explored the importance of payments in delivering superior retail services to both consumers and businesses at the FTT Payments conference in London.
On 31 March 2025, we proposed a package of reform measures to our regulators on governance and funding arrangements in retail payments to unlock progress, innovation and growth for the benefit of end users.
Our Head of Strategic Policy, John Mowat, recently discussed the future of UK payments and upgrades to the UK’s interbank retail payments infrastructure at the Westminster Business Forum online policy conference.
Our Confirmation of Payee Product Owner, Anu Raman, recently discussed innovative strategies to enhance payment systems and create seamless payment experiences for end users at the Women in Payments 2025 EMEA symposium.