Remove Emerging Payments Remove Payment Security Remove Regulatory Compliance
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Regulatory Overhaul: Fintechs, Fraud Experts and MPs Weigh In on PSR Axe

The Fintech Times

A push for simplification The PSR, which oversees payment systems including Faster Payments and Mastercard , will have its functions largely absorbed by the FCA. According to the government , this consolidation will reduce the complexity of regulatory compliance, particularly for businesses navigating multiple oversight bodies.

FinTech 59
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In the mind of the merchant: Top challenges and priorities for the next 12 months

The Payments Association

It highlights key trends, such as open banking, tokenisation, and fraud prevention, which are crucial for merchants to remain competitive and secure. Merchants need to continue adapting to new payment methods, collaborate with industry peers, and stay agile in balancing innovation and regulatory compliance.

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Mastering Network Tokenization

Segpay

The token from the previous transaction is used to process the payment, and the merchant doesn’t need to ask for his card information again. The merchant can store the token instead of the payment details to reuse it for future transactions. Ultimately, that trust leads to increased customer loyalty.