News & Analysis as of

Mobile Payments United Kingdom

A&O Shearman

UK Payment Systems Regulator Panel Publishes Report on Digital Payments Initiative

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The U.K. Payment Systems Regulator Panel has published a report on its Digital Payments Initiative, which investigated potential barriers to the take-up of digital payments and possible solutions. The Panel advises the PSR on...more

Hogan Lovells

Global Payments Newsletter, March 2021

Hogan Lovells on

Regulatory Developments - United Kingdom: Kalifa Review of UK FinTech published - On 26 February 2021, HM Treasury published the Kalifa Review of UK FinTech, identifying priority areas to support the UK’s fintech sector. The...more

Hogan Lovells

Payments regulatory news, March 2020 #3

Hogan Lovells on

COVID-19: UK Finance increases spending limit for contactless card payments - On 24 March 2020, UK Finance has announced that, from 1 April 2020, it is increasing the spending limit for contactless card payments from £30...more

Robins Kaplan LLP

Financial Daily Dose 7.23.2019 | Top Story: Apple to Buy Intel’s Smartphone Modem Chip Division

Robins Kaplan LLP on

Apple is in “advanced talks” to snap up Intel’s smartphone-modem chip business, a portfolio “of patents and staff valued at $1 billion or more.” The deal, should it close, would go far in prepping Apple for the arrival of...more

A&O Shearman

UK Payment Systems Regulator Reports on the UK Contactless Mobile Payment Sector

A&O Shearman on

The U.K. Payment Systems Regulator has published a Report setting out its understanding of the Contactless Mobile Payments sector, following information-gathering during 2016 and 2017. CMPs are in-store payments made by...more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

Some good news for the UK after a brutal few days for the pound? It appears that the pound’s precipitous fall has acted as a sort of “giant shock absorber” against Brexit—a release valve of sorts that has meant decreased...more

Locke Lord LLP

Setting Up Shop in the UK? Don’t Overlook Your Card Payment Services

Locke Lord LLP on

What are the specific card payment regulations that a merchant operating in the UK must follow? RC: The PCI DSS Compliance Standards are the key ones in respect of card payments and are enforced by the card brands...more

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