payments
Change freezes are over, RTGS now operational near 23/7 for some administrative tasks
Industry body Pay.uk sounds like it may be in for the chop too; or at least "reform". Praise the Lord and Pass the Ammunition.
Proposed changes for account onboarding front-load compliance burden, even as technology gets slicker...
The worst RTGS outage in nearly a decade was resolved without too much loss of hair but will renew enthusiasm for a core settlement engine replacement due in 2024...
Worldpay -- "a dozen payment M&A deals in a trenchcoat" -- will find a new home in the warm embrace of private equity after investment failings.
PayPal’s CEO Dan Schulman said white labelled payments processing is a “strategic imperative” for the payments company – and it will “primarily focus on enabling unbranded processing” moving forwards. The move will also give it richer datasets from merchants as it expands, which PayPal can in turn use to power