PSR publishes new strategy

The PSR has published its strategy for the next 2 years. It is now mid-way through a 5 year strategy, and has made strong progress in delivering positive change. It now needs to:

• complete work already underway, including fully embedding the APP fraud reimbursement requirements and working with the FCA on commercial Open Banking payments;
• work with the BoE on upgrading Faster Payments and reforming Pay.UK; and
•  sharpening focus on competition and innovation in payments systems.