Payments UK

109 results about this entity

Period: 09 Mar 2007 - 14 Sep 2017

Banks backing UK government online identity project

Big banks and card schemes are among a list of 26 companies that are working with the UK government on the creation of a new personal identity system for consumers transacting online.

Payments Council taps Experian for central biller database

The UK Payments Council has appointed Experian to create and maintain an industry database of corporate customers' payment information.

UK Payments Council to set online authentication and Faster Payments standards

The UK Payments Council is to set mandatory minimum standards for Faster Payments and customer authentication for online and telephone banking under a new national payments plan.

UK Payments Council board backs account switching plan

The UK's Payments Council's board has given the go-ahead for a project to make bank account switching easier for consumers and small business, committing up to £850 million for the operation.

Following cheques tussle, MPs bid to rein in Payments Council

In the wake of a battle over the future of cheques, the UK's Treasury select committee has published a report recommending a range of measures designed to strip the industry-dominated Payments Council of much of its power.

UK bank u-turn sees cheques saved

Britain's banks have scrapped plans to get rid of cheques by 2018, backing down in the face of strong opposition from consumer groups, charities and politicians.

UK Payments Council sets two-year deadline for account switching project

The UK Payments Council has set a two-year timescale on an industry-wide project to make bank account switching easier for consumers and small business.

UK banks float £2 billion account switching plan

Britain's banks are on the verge of agreeing a £2 billion plan to make it easier for customers to switch current accounts between providers, according to the Sunday Telegraph.

UK banks work on mobile money transfers

The UK's Payments Council has begun looking into the development of a system to let Brits transfer money between accounts through their mobile phones.

Dumping cheques could "spell disaster" for UK charities

Plans by Britain's banks to abolish cheques by 2018 could "spell disaster" for many of the country's charities, according to the Institute of Fundraising.

Rise of e-commerce changing Brits' Christmas shopping habits

With UK consumers increasingly going online to do their Christmas shopping they are also spending earlier, shifting from last-minute December buying to November, according to the Payments Council.

Payments Council floats paper-based alternative to cheques

The UK Payments Council says it is working with banks to develop an alternative paper-based payment method as part of a commitment not to leave customer "high and dry" when the cheque clearing scheme is finally abolished.