One of our aims through this website is to provide a source of reference information covering the rapidly evolving world of payments. We have therefore brought together a series of key industry documents into a single Document Library.
How much further can disruptive technology be successfully applied in the field of payments?
How “fast” does an Instant or Immediate payment need to be and is there a compelling Consumer/Corporate need for these given the volume of Timed/Future Dated Payments settled each month?
Encompassing Sibos, the past few weeks has been an extremely busy period for the world of payments. Announcements have been plentiful and have ranged across the payments spectrum. Here are a few of the key ones
An area of increasing focus by both Regulators and Banks is in the area of Misdirected Payments and the need for Payee identification. The reason for this focus is that payments both in the UK and elsewhere are routed solely using identifier codes, with no reference to the Beneficiary name being used in the routing of the payment to the destination account
Two key Payments documents have just been published in the UK covering the World Class Payments programme and an Interim Code of Conduct around the Provision of Indirect Access by PSPs.
Could regulation be the mechanism that finally confirms the full arrival of Mobile Payments and therefore generate the necessary force to bring alignment at point of sale?
Much has been written in the last year about Distributed Ledgers, Blockchain and the potential impact that they might have. This article considers the latest advances and the potential “disruptive” impact they might have on existing Financial Market Infrastructures
After my last post (“Using Distributed Ledgers as a Payment System” – August 3rd), one of the replies I received highlighted the […]
In my last year as CEO of CHAPS (the UK’s High Value Payment System), I became increasingly interested in the opportunities that […]