- Solutions
- Banking
- Enterprise Payments PlatformRapidly respond to shifting trends, regulatory requirements and new competition with a flexibly deployed payments platform.
- AcquiringDigital acceptance, merchant management
- IssuingDigital payments and accounts issuing
- Fraud ManagementReal-time enterprise fraud management
- ATMsSelf-service, omnichannel digital experience
- High Value Real-Time PaymentsMulti-bank, multi-currency processing
- Low Value Real-Time PaymentsComplete real-time payments processing
- Digital Central InfrastructureCutting edge real-time payment infrastructures
- Merchant Payments
- ACI Payments Orchestration PlatformEnable customer journeys across commerce channels, accept payments, prevent fraud and optimize your payments journey
- In-StoreDynamic, modern in-store payments
- eCommerceOnline and mobile payments
- Alternative Payment MethodsGive more ways to pay
- Value-Added ServicesEngagement, optimization and reporting
- Fraud ManagementEnd-to-end fraud orchestration
- Risk, Security and ComplianceAchieve and maintain compliance
- Industries We Serve
- Billing and Bill Payments
- ACI SpeedpayDrive customer satisfaction with the widest range of bill pay options in the industry.
- Bill Payment APIs and SDKsOutsource bill payment processing
- Digital DisbursementsSimple, satisfying payment options
- Alternative Payment MethodsGive more ways to pay
- Loan ServicingPreferred loan payment options
- Treasury ManagementStreamline and integrate your back office
- Automated Debt CollectionImprove your collections process
- Digital WalletsManage digital cards and payments
- PCI Compliance and SecurityAchieve and maintain PCI compliance
- Industries We Serve
- Fraud Management and Payments Intelligence
- Fraud ManagementFraud solutions to minimize risk and prevent fraud
- Fraud Management for BankingEnterprise-wide fraud prevention
- Anti-Money LaunderingStay ahead of money-laundering schemes
- Robotic Process AutomationAutomate payment processing operations
- Fraud Management in the CloudProtect your business from the cloud
- Fraud Management for MerchantsProtect payments from end to end
- ChargebacksPrevent chargebacks before they happen
- SCA ComplianceAchieve and maintain SCA compliance
- Digital Identity SolutionsConfirm identities with behavioral analytics
CompanyCustomers
Home
Industry Associations
ACI and the UK Payments Systems Regulator
ACI and the UK Payments Systems Regulator
ACI solutions have been used by financial institutions to access the UK Faster Payments scheme since its launch in 2008. By understanding the deliberations taking place at the UK Payments Systems Regulator (PSR), ACI is better able to collaborate with multiple UK industry groups to shape policy and influence payment developments. As a leading software provider to UK financial institutions, ACI shares a common mission to improve trust in payments, simplify access to promote competition; and build a new architecture for payments.
What is the PSR?
The PSR is a subsidiary of the Financial Conduct Authority and the economic regulator for the payment systems industry in the UK. The mandate of the PSR is to bring change to the payments industry, injecting competition and innovation where it is needed and ensuring that the interests of the people and businesses that use payment systems.
The PSR talks to payment system operators, payment service providers (including banks), building societies, infrastructure providers and businesses that rely on these systems. The PSR also consults with industry bodies and consumer groups when there is evidence that shows the payment systems industry is failing to deliver greater competition, more innovation and or benefits for businesses or consumers.
The PSR has a range of strong regulatory and competition powers to give direction or to take action and set standards by imposing requirements and system rule changes on operators. The PSR can (and has) required operators to provide direct access to payment systems, required PSPs to provide indirect access to smaller PSP and amended agreements relating to payment systems, including fees and charges.
