Payments UK

109 results about this entity

Period: 09 Mar 2007 - 14 Sep 2017

Don't get caught out by online banking scams like Corrie's Gail

Coronation Street's Gail McIntyre has only herself to blame for the imminent loss of £40,000 in an online banking scam, says the UK Payments Council

UK banks get behind m-payments service ahead of 2014 launch

The UK banking sector is gearing up for the introduction of an industry-wide mobile payments service next spring, with eight major institutions committed to the launch.

Disabled and elderly facing payments barriers - study

Elderly and disabled Brits face significant barriers in accessing and using payment systems, often forced to resort to workarounds such as sharing cards and PINs, according to research from the Payments Council.

Digital jewellery and handshakes posited as the future of payments

Forget mobile payments, the next wave of innovation to strike the payments industry could see a simple handshake emerge as a novel form factor in the transfer of cash, according to a new crystal ball-gazing report from the UK Payments Council.

UK Payments Council to be stripped of powers as govt seeks 'fresh start'

Following last year's bungled and abandoned attempt to scrap cheques, the bank-run UK Payments Council is set to be stripped of its powers by the government.

Telco veteran Tillotson named Faster Payments MD

With mobile money becoming increasingly important, the UK's Faster Payments Scheme has hired telecoms industry veteran Craig Tillotson as its first managing director.

UK phone and courier bank card scam on the rise

An old-style scam that sees victims conned into handing over their bank cards and PINs to couriers is on the rise, netting British fraudsters £750,000 so far this year, the Payments Council is warning.

Faster Payments volumes surge

Britons sent two-thirds more money through Faster Payments in the last three months of 2011 than in the fourth quarter of 2010, as the much maligned service took root.

UK card fraud losses fall to 11-year low

Fraud losses on UK debit and credit cards fell seven per cent in 2011 to £341 million, an 11-year low, according to figures from the UK Cards Association.

VocaLink to maintain UK database of mobile numbers for bank payments platform

The UK Payments Council has commissioned VocaLink to build a central database that will allow bank customers to link their mobile phone number to their account for person-to-person mobile payments.

Payments Council carpeted over cheque guarantee card as politicians smell blood

After forcing a humiliating climb-down on the abolition of cheques, UK politicians are now calling on the Payments Council to bring back the cheque guarantee scheme alongside proposals to tighten regulation of the bank-run body and interbank payments in general.

UK govt plans Payments Council regulation

Following its bungled and abandoned attempt to scrap cheques, the UK Payments Council looks set to face new government-imposed regulations.