12 February 2016

Latest articles for Payments UK


Payments UK provides overview of consumer payment trends around the world

12 hours ago  |  944 views  |  0 Company announcement

Payments UK, the trade association for the payments industry, has today (11 February 2016) published a second report in its World Class Payments series, titled: ‘How consumers around the world make payments’.


Ipagoo and Prepaid Financial Services join Payments UK

04 February 2016  |  1383 views  |  0 Company announcement

Payments UK, the trade association for the payments industry, has today (4 February) announced that two organisations have signed up to become full members, ipagoo and Prepaid Financial Services (PFS).


Payments UK launches Sepa directory and open API

01 February 2016  |  4494 views  |  0 News

Trade association Payments UK has launched a directory designed to make it simpler for anyone making cross-border payments into Britain to check routing data.


'Retry' process saves customers £200 million in overaft fees since launch

27 January 2016  |  1596 views  |  0 Company announcement

A ‘retry process’ that helps bank and building society customers avoid unpaid payment charges has saved them at least £200 million in the 12 months since its use was extended across the banking industry in September 2014.


Current account switching flops

21 January 2016  |  3196 views  |  9 News

The UK's much vaunted current account switching service is beginning to look like an expensive white elephant, as fewer consumers transferred their business in 2015 compared to the previous year.


Payments UK launches Sepa payment portal tool

15 December 2015  |  1811 views  |  0 Company announcement

Nearly two months ahead of the 1 February 2016 regulatory deadline which will require Eurozone Payment Service Providers (PSPs) to process SEPA payments using only the IBAN - rather than the BIC and IBAN as they are currently - Payments UK has launched a new tool to help these PSPs when sending SEPA payments to the UK.


Hybrid cyber-attacks are the preferred method

09 December 2015  |  2940 views  |  0 Video

Maurits Lucas, Business Manager for inTELL, the Cyber Intelligence team at FoxIT, explains the three layers of cyber intelligence (strategic, tactical, and operational), and the difference between automated and hybrid attacks.


Defence against cyber-attacks must be the priority

25 November 2015  |  3372 views  |  0 Video

Craig Rice, Director of Security, Payments UK, discusses how the banks and government are managing cyber security risks, and outlines the differences between cyber risk and technological risk.


Cyber-attacks go to the weakest point

23 November 2015  |  3407 views  |  1 Video

Maurice Cleaves, Chief Executive, Payments UK, speaks about the company’s transition from the Payments Council, the most concerning aspects of cyber security, and if startups have a higher risk of cyber-attacks.


UK banks propose merger of five trade associations to create single super lobby

20 November 2015  |  6289 views  |  2 News

UK financial sector trade associations the British Bankers’ Association, the Council of Mortgage Lenders, Payments UK and the UK Cards Association could be brought together to create a single umbrella organisation for the industry under proposals put forward by a bank-backed review body.

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