Topic
Payment
982 published works
Banking, Finance and Securities
The Payment Services and Payment Accounts (Contract Termination) (Amendment) Regulations 2025
By Simon Lovegrove (UK), Anita Edwards
On 28 April 2025, there was published on legislation.gov.uk a draft of The Payment Services and Payment Accounts (Contract Termination) (Amendment) Regulations 2025. HM Treasury has also issued a press…
Banking, Finance and Securities
PSR update on timings for the APP scams claims management consultation
On 10 April 2025, the Payment Systems Regulator (PSR) published an update from its Head of Policy, Claire Simpson, regarding the next steps on the PSR’s claims management consultation and…
Bright Law Blog
What are the obligations of a receiving bank in a scam?
While the ePayments Code sets out the responsibility of a receiving bank of a mistaken internet payment, it does not apply to scams. The Assistant Treasurer and Minister for Financial…
PracticePanther Blog
How to Build a Custom Legal Billing and Payment Workflow Tailored to Your Law Firm
Billing for your hard work and collecting the well-earned payment for your services should be simple and, let’s be honest, incredibly satisfying. In a perfect world, your firm does great…
Global Regulation Tomorrow
UK government to abolish Payment Systems Regulator
The UK has announced the abolition of the Payment Systems Regulator (PSR), as part of its efforts to cut red tape and drive economic growth. The move follows complaints from…
Bright Law Blog
Proposed Decommissioning of Australia’s Bulk Electronic Clearing System
The Reserve Bank of Australia has released its risk assessment into the payments industry’s proposed decommissioning of the Bulk Electronic Clearing System (BECS). The Bulk Electronic Clearing System (BECS) is…
Regulatory Oversight
Suit Against Cannabis Giant Trulieve Underscores Cashless ATM Risks and the Need for Banking Reforms
By Jean Smith-Gonnell, Michael Jordan
In a February 19 complaint filed in Arizona state court, Texas-based payment processer Switch Commerce LLC argued that multistate cannabis operator Trulieve Cannabis Corp. and its affiliates should be responsible…
Global Regulation Tomorrow
Eurosystem to offer verification of payee service
By Simon Lovegrove (UK), Michael Born (DE)
On 10 March 2025, the European Central Bank (ECB) issued a press release stating that it had positively concluded its exploratory work for offering a Verification of Payee (VoP) service…
Government Contracts Law
Pay Me What You Owe Me, Don’t Act Like You Forgot!
As much we all love Rihanna, it’s a real shame how many contractors have called me in the last few days with issues that remind me of her well-known “Pay…
Adjudication Insider
The Construction Contracts Act 2013: Payment disputes arising under contract
By Louise Sharkey, Paul Hughes
Under the Construction Contracts Act 2013 (‘CCA 2013’) a party can refer a payment dispute to adjudication. Section 6 of the CCA 2013 defines a payment dispute as ‘any dispute…