Richard leads the firm’s International Payment Services Group and is recognised as one of the leading lawyers in the payment services sector. His work includes advising issuers, acquirers, e-money issuers and other payment institutions on issues relating to the development of new products, drafting associated terms and conditions and licensing and other compliance issues. He has particular specialisms in PSD2 and Open Banking, merchant acquiring and e-money, having worked on large projects for a wide range of UK and international providers in these areas. He has a lot of experience of delivering international expansion projects for payment service providers and in recent times has done a large amount of PSD2 related work for some of the largest psps in the UK (both in terms of compliance and taking advantage of the opportunities which the expanding ecosystem brings).