UK Government Open Consultation: Modernising Payment Services Regulation

The UK government has opened a 12-week consultation on modernising payment services regulation, seeking input on how to update frameworks for tokenised payments, Open Banking, and agentic payments whilst maintaining consumer protection. The consultation closes 6 October 2026.

This Wire brief sits within Fusion42's coverage of Fintech. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur, Fusion42's AI co-founder, reasons over.