Articles with tag like: Competition and Markets Authority

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UK's CMA mandates Variable Recurring Payments

News | Payments General | 28 Jul 2021

UK’s Competition and Market Authority (CMA) has decided to mandate Variable Recurring Payments (VRPs) as the mechanism for implementing sweeping.

Competition and Markets Authority, Open Banking, recurring payments, TPP

CMA consultation on future governance of Open Banking

News | Online & Mobile Banking | 08 Mar 2021

The UK-based Competition and Markets Authority (CMA) has announced an open consultation on ways to ensure effective oversight and governance of the CMA’s Open Banking remedies.

Open Banking, Competition and Markets Authority, regulation

UK regulator stops the merge between FNZ and GBST

News | E-invoicing, SCF & E-procurement | 07 Aug 2020

The UK Competition and Markets Authority (CMA) has provisionally blocked the merger of suppliers of retail investment platform solutions, FNZ and GBST.

UK, regulator, FNZ, GBST, Competition and Markets Authority, CMA, supplier, retail, imvestment, software, data

UK Finance and Accenture release report, proposing next steps for open banking

News | Online & Mobile Banking | 19 Jun 2020

UK Finance, in association with Accenture, has set a future model for how the UK’s Open Banking can progress once the current implementation phase ends early 2021.

UK, UK Finance, Open Banking, Accenture, Competition and Markets Authority, CMA, banking, CMA9, banks, Payments UK

Booking.com to disregard the rules on pressure-selling, says watchdog

News | Ecommerce | 19 Sep 2019

A consumer’s watchdog has said Booking.com is continuing to mislead its customers despite receiving warnings from regulators, according to BBC.

Which, booking, ecommerce, Competition and Markets Authority, discount claims, hidden charges, pressure selling, transactions

British banks must disclose outages via API, FCA decrees

News | E-invoicing, SCF & E-procurement | 17 Aug 2018

The Financial Conduct Authority has announced it is enforcing new rules that commit banks to publicly reveal the number and frequency of online outages.

Financial Conduct Authority, online outages, regulation, outage frequency, Competition and Markets Authority, major operational and security incidents, UK, API, Open Banking, Open API

FCA and CMA release UK bank scores in line with Open Banking

News | E-invoicing, SCF & E-procurement | 17 Aug 2018

The UK`s Financial Conduct Authority and Competition & Markets Authority have released data on quality of service in Open Banking.

Financial Conduct Authority, Competition & Markets Authority, bank scores, Open Banking, SMEs, UK, personal current accounts, business current accounts

Open Banking standards to cover all PSD2 Products

News | Online & Mobile Banking | 23 Nov 2017

The Open Banking Implementation Entity (OBIE) has expanded its initial scope with a series of important enhances that will cover all PSD2 products.

Open Banking, PSD2, UK, Competition & Markets Authority, online payments, online banking, credit cards, PSD2 products