Pay.UK’s Post

Worth a read for all those involved in UK Payments and the opportunities to modernise and grow new use cases.

The payments industry is at a pivotal moment. The emergence of new technology is bringing exciting new opportunities alongside new challenges. Bridging us into a new payments future will, of course, require both public and private investment. But, as Christopher Waller of the Federal Reserve outlines, the private sector's competition is better equipped to drive the innovation that will solve our most pressing problems. #Payments #DigitalPayments #PaymentTransformation #FinancialInstitutions https://lnkd.in/gFezhs7g

The payments industry is at a pivotal moment. The emergence of new technology is bringing exciting new opportunities alongside new challenges. Bridging us into a new payments future will, of course, require both public and private investment. But, as Christopher Waller of the Federal Reserve outlines, the private sector's competition is better equipped to drive the innovation that will solve our most pressing problems. #Payments #DigitalPayments #PaymentTransformation #FinancialInstitutions https://lnkd.in/gDcrm4Zy

🔸 The latest report from the US Faster Payments Council is clear: More work is needed to ensure financial inclusion with faster payments products.

🔸 The latest report from the US Faster Payments Council is clear: More work is needed to ensure financial inclusion with faster payments products.

Service providers supporting 90% of U.S.-based financial institutions share the opportunities ahead for instant payments. See more trends in the recent adoption study from the U.S. Faster Payments Council: https://lnkd.in/dj54Z-mQ #instantpayments #fasterpayments #payments #FederalReserve

UK regulators are reviewing their collaboration in the payments industry due to rapid changes. They aim to enhance cooperation by updating their agreement in line with the government's National Payments Vision by 2025, promoting innovation and better data sharing among institutions. #Payments, #Regulatorycollaboration, #BankofEngland, #FinancialConductAuthority, #Forex

🔸 The latest report from the US Faster Payments Council is clear: More work is needed to ensure financial inclusion with faster payments products.

🔸 The latest report from the US Faster Payments Council is clear: More work is needed to ensure financial inclusion with faster payments products.

🔸 The latest report from the US Faster Payments Council is clear: More work is needed to ensure financial inclusion with faster payments products.