19 April 2014

Latest articles for Payments Council

 

UK Payments Council claims account switching service success

14 April 2014  |  593 views  |  0 Company announcement

The Payments Council published a six-month dashboard for the new Current Account Switch Service, covering the period from the start of October 2013 to the end of March 2014.

 

UK's Paym P2P mobile payments service set for 29 April launch

02 April 2014  |  6924 views  |  17 News

Person-to-person mobile payments service Paym will be rolled out by Britain's banks at the end of this month.

 

UK banks gear up for launch of Paym P2P mobile payments service

10 March 2014  |  7401 views  |  16 News

The person-to-person mobile payments service being prepped by Britain's banks for a launch later this year has been christened Paym.

 

Chaps celebrates 30th anniversary

05 February 2014  |  488 views  |  0 Company announcement

Key members of London's financial community came together in London yesterday (Tuesday 4 February) to mark the 30th anniversary of CHAPS (the UK's high-value same-day payments system) and to highlight its continued key role in the UK's economic infrastructure.

 

UK account switching service prompts Brits to move banks

16 January 2014  |  2076 views  |  0 Company announcement

The Payments Council today (16 January) published its first quarterly switching dashboard which shows that the new switching service has got off to an encouraging start since its launch on 16 September 2013.

 

Five international banks to join Chaps

20 December 2013  |  1475 views  |  0 Company announcement

CHAPS Clearing Company Limited, the UK payments system that processes and settles both systemically important and time-dependent payments, today (Friday 20th December), announced that it has received Letters of Intent from five major international banks to become Direct Participants.

 

Payments Council forecasts a bumper Christmas for retailers

22 November 2013  |  3018 views  |  1 News

The Payments Council is forecasting a bumper Christmas for retailers as it estimates that spending on cards, cash and cheques will reach £82.7bn in December, an increase of 1.2% from 2012 (£81.7bn).

 

Handelsbanken becomes shareholder in Chaps

11 November 2013  |  981 views  |  0 Company announcement

As it approaches its 30th anniversary in February 2014, Chaps Clearing Company Ltd (also known as Chaps Co), the UK's same day high value payment system, is pleased to announce that Handelsbanken (Svenska Handelsbanken AB (Publ)) has become a shareholder and Direct Participant in Chaps.

 

Modest start for UK account switching service

22 October 2013  |  2058 views  |  1 News

About 89,000 Brits have switched their bank account provider in the four weeks since a new system designed to make the process quicker and easier was introduced.

 

Organic growth in Chaps volumes offsets migration to Faster Payments

18 October 2013  |  2694 views  |  0 Company announcement

As it approaches its 30th anniversary, CHAPS Clearing Company Ltd (also known as CHAPS Co), the UK's same day high value payment system, has today published its first market report.

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