Pay.UK

60 results about this entity

Period: 27 Sep 2017 - 01 Aug 2024

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Starling flies high in account switching race

/retail

Starling flies high in account switching race

There was a sharp uptick in the number of Brits switching their current account provider in the second quarter, with Starling Bank the biggest beneficiary.

/people

Pay.UK names David Pitt CEO

Pay.UK, the recognised operator and standards body for the UK’s retail interbank payment systems, has named David Pitt as its new Chief Executive Officer. Pitt will assume the role in July, taking over from interim CEO Matthew Hunt, who has been appointed to the newly created role of Chief Strategy Officer, Deputy CEO.

/payments

Pay.UK publishes technical materials for organisations implementing ISO 20022

The New Payments Architecture (NPA) will unlock significant benefits for many businesses and personal customers within the UK, helping transform the way they control their professional and personal transactions, and creating a wealth of innovation opportunities.

Mastercard releases end-user application for UK Request to Pay framework

/payments

Mastercard releases end-user application for UK Request to Pay framework

Mastercard has rolled out an end-user application for the UK's Requst to Pay framework using standards developed by Pay.UK

PSR calls for feedback on New Payments Architecture amid risk concerns

/payments

PSR calls for feedback on New Payments Architecture amid risk concerns

The Payment Systems Regulator (PSR) has launched a consultation on the delivery and regulation of the UK's New Payments Architecture (NPA) as it considers narrowing the scope of the delivery contract amid concerns about the current programme's "unacceptably high risks".

/security

Revolut launches Confirmation of Payee in the UK

Revolut has announced the launch of Confirmation of Payee for its more than three million UK retail customers.

/payments

Fifty years and 78 billion payments – Direct Debit hits half a century

It may not be an entry in too many people’s diaries, but this year represents a golden milestone for Direct Debit, as one of the most familiar payment methods in the UK turns 50.

Santander poaches Paul Horlock from Pay.UK as chief payments officer

/people

Santander poaches Paul Horlock from Pay.UK as chief payments officer

Paul Horlock, the chief executive of industry body Pay.UK, is to take up a new role as head of payments at Banco Santander.

Sibos 2020: A mindful shift to operational resilience is required in a post-Covid world

/security

Sibos 2020: A mindful shift to operational resilience is required in a post-Covid world

2020 has been a sharp reminder that unprecedented events can result in abrupt, yet long-term change and every industry must adapt to keep pace. The challenges facing banks are continuing to mount and financial institutions are being forced to deal with a deteriorating geopolitical environment, an explosion in cyber-crime and the expansion in regulatory oversight, as discussed in Sibos day three session ‘Risk management: The world of worries’.

Mark Hoban appointed chair of Pay.UK

Pay.UK, the UK retail payment systems operator, is pleased to announce the appointment of Mark Hoban as the new Independent Non-Executive Chair of its Board of Directors.

/retail

UK current account switching falls off

The Current Account Switch Service today publishes the Q2 2020 Dashboard reporting the latest switching figures and trends.

Mastercard enrolled into Pay.UK Request to Pay framework

/payments

Mastercard enrolled into Pay.UK Request to Pay framework

Mastercard has enrolled to the Pay.UK Framework for its Request to Pay offering and signed up its first customer for the service.

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