29 January 2015

Latest articles for Payments Council

 

Vulnerable consumers unaware on how to safely manage finances - Payments Council study

19 hours ago  |  821 views  |  0 Company announcement

Research from the Payments Council reveals that though we have strong views on handing over control to someone else to buy our clothes, look after our pet, clean our house and make our tea, we are not giving the same consideration to how we manage our finances when external factors like poor health strikes.

 

More than 1 million Brits switched bank account in 2014

22 January 2015  |  1782 views  |  0 Company announcement

The Payments Council today (22 January) published its latest dashboard for the Current Account Switch Service, covering the whole of 2014.

 

Regulate bitcoin, but leave the blockchain alone say banking trade bodies

20 January 2015  |  8523 views  |  7 News

The British Bankers Association and the Payments Council have called for the Government to take a 'light touch' to regulation of the underlying bitcoin blockchain technology, which they say has the potential to fundamentally change the way financial assets are transferred.

 

Smart Card Alliance announces new leadership for 2015

13 January 2015  |  1517 views  |  0 Company announcement

The Smart Card Alliance Payments, Mobile and NFC, and Transportation Councils made significant headway in 2014, educating the industry on the security benefits of smart card technology for a wide variety of payment applications and use cases.

 

Payments Council to explore prospects for providing more information with payments

19 December 2014  |  8845 views  |  1 News

The UK's Payments Council has committed to explore options for incorporating richer data sets alongside business and consumer electronic payment transactions.

 

Six more banks go live with Paym

18 November 2014  |  2447 views  |  0 Company announcement

Customers of Clydesdale Bank, Isle of Man Bank, NatWest, Royal Bank of Scotland, Ulster Bank and Yorkshire Bank can register for Paym from today (Tuesday 18 November), adding to the number of leading UK banks and building societies offering the secure way to pay using just a mobile number.

 

New UK payments watchdog proposes tough regime

13 November 2014  |  7972 views  |  6 News

The UK's new Payment Systems Regulator (PSR) has set out its plans to regulate the £75 trillion industry via a package of measures intended to promote innovation and competition and provide fairer access to payment systems.

 

Currenct Account Switch Service reports on first full year of operation

15 October 2014  |  1170 views  |  0 Company announcement

The Payments Council today (15 October) published its latest dashboard for the new Current Account Switch Service, covering the first full 12-month period from the start of October 2013 to the end of September 2014.

 

More banks join Paym

14 October 2014  |  4329 views  |  0 News

UK bank-backed mobile payment service Paym has confirmed that 20 new institutions have signed up to use the service, with first direct the first into production with a live roll-out.

 

Visa and MasterCard face scrutiny by new UK watchdog

14 October 2014  |  8964 views  |  0 News

The UK government is planning to put supervision of MasterCard and Visa alongside the country's main interbank payment systems into the hands of a new Payment Systems Regulator (PSR), whose chief remit is to inject more competition into the country's payments industry.

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