Payments
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FCA work in review: May 7-12, 2025
Our at-a-glance guide to a busy week of FCA activity.
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Cambodia’s central bank joins Regional Payment Connectivity initiative
Cambodia’s central bank is the ninth member to join the payments initiative.
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UK government abolishes payments watchdog “to reduce burden on business”
The announcement is the latest step in the drive to cut back regulation and boost economic growth.
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One third of UK adults now using mobile contactless payments
UK Finance has published its latest Payment Markets Report.
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Fintech wrap: Fintech under Labour; PA recommends levy on big tech
Pundits speculate on Labour fintech policies and the Payments Association appeals to new government over fraud compensation.
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BIS says financial services are most exposed to benefits of AI – but also to risks
BIS says strong supervisory scrutiny and implementation of reforms needed to enhance system resilience.
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US needs to catch up on instant payments, RedCompass says
RedCompass Labs report highlights the slow adoption of instant payments in the US compared to other countries.
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Fintech wrap: Calls for UK fraud rules delay, US push for inclusive faster payments
Our pick of the week’s fintech stories.