You are here

New UK payments watchdog aims to break Big 5's dominance

Payment Systems Regulator pushes for improved access to payment system; will mull more fundamental changes


BRITAIN's newest and most powerful financial regulator has pledged to introduce "meaningful" change this year to help new banks steal market share from the "Big Five" lenders that dominate commercial and retail banking.

The Payment Systems Regulator (PSR) will be formally

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom