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Wire · regulatory

Modernising Payment Services Regulation

14 July 2026 · By · Wire by Fusion42

Published

14 July 2026

Topic

regulatory

◆ Sectors

Fintech

◆ Geography

United Kingdom

◆ Source

Read at gov.uk →

◆ Verified

Fusion42 · 15 July 2026 · Fusion42 review

UK Treasury has launched a public consultation on modernising payment services regulation to accommodate tokenised payments, Open Banking, and agentic payments whilst maintaining consumer protections. The consultation closes 6 October 2026.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

If you build in UK payments - tokenised settlement, Open Banking integrations, or agent-based systems - you have 12 weeks to shape the regulatory rules that will define your margins and go-to-market. The consultation is open now; the final framework will lock in who competes and how.

◆ Coverage

1 source · 14 Jul 2026

◆ Related on Wire

◆ Topics

Fintechpayments-regulationtokenisationopen-bankingagentic-paymentsuk-fintechconsultation