payments
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
Eyes profitability by summer 2023...
Six years after an exercise flagged the risks of a “prolonged technical outage” in the core settlement engine of the Bank of England, efforts to “seek to understand and mitigate legal barriers” to one proposed mitigation are unfinished – although progress on a core hardware and software replacement continues to make
The UK’s Department for Work and Pensions (DWP) is seeking a provider of emergency payment infrastructure to help make sure it can continue making 2.5 million payments daily worth some £3.7 billion per week. The new infrastructure should ensure it can continue making the payments to a