02 September 2014

Latest articles for Payments Council

 

Chaps slashes costs for low volume participants

26 August 2014  |  891 views  |  0 Company announcement

Chaps Co, the UK's same day high-value payment system, is pleased to announce today an update to its funding model. In 2015, Chaps will make participation in the scheme even more cost effective by charging low volume Participants 50% less.

 

UK banks introduces 'retry' system to tackle bounced payment fees

19 August 2014  |  4330 views  |  0 News

The UK banking industry has introduced a 'retry' process that will give customers a second chance to avoid bounced payments and their associated charges.

 

Payments Council names Barclays veteran Maurice Cleaves interim CEO

15 August 2014  |  4729 views  |  0 News

The UK Payments Council has brought in Barclays veteran Maurice Cleaves as interim CEO to guide the body as it prepares for a change of direction ahead of the introduction of a new payments regulator.

 

Paym sees over one million users and £6.5 million spend in first 100 days

06 August 2014  |  6392 views  |  6 News

More than one million people have registered with their bank or building society for Paym, the UK bank-backed mobile number payment service that was launched in late April.

 

UK Payments Council chief Kamellard quits

31 July 2014  |  3962 views  |  0 News

The UK Payments Council's chief executive, Adrian Kamellard, is quitting the bank-run organisation as it prepares to "refocus" ahead of the introduction of a new payments regulator.

 

BBA ponders Payments Council merger - Sky News

22 July 2014  |  3554 views  |  0 News

The British Bankers' Association (BBA) is investigating a merger with the Payments Council and the UK Card Association, according to Sky News.

 

Faster Payments adds Tanya Castell as independent director

21 July 2014  |  812 views  |  0 Company announcement

Faster Payments, the UK's immediate internet, phone and mobile banking payment service, has appointed Tanya Castell as the scheme's third Independent Director, as part of a range of improvements that further strengthen governance.

 

Investec, Metro Bank and TSB join the Payments Council

18 July 2014  |  2010 views  |  0 Company announcement

The Payments Council has today announced that three new members have joined, with immediate effect. Investec, Metro Bank and TSB have joined the Payments Council as full members, bringing membership to an all-time high of 36, with a further 27 associate members.

 

600,000 Brits switch bank account providers in H1

16 July 2014  |  3679 views  |  0 News

Around 593,000 Brits switched their bank account provider in the first six months of 2014, a 16% year-on-year increase, suggesting many are taking advantage of a new system designed to make the process quicker and easier.

 

UK Payments Council makes board appointments

15 July 2014  |  1223 views  |  0 Company announcement

The Payments Council today (15 July 2014) announces the appointment of three new independent directors to its Board, with immediate effect.

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