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UK Faster Payments

A place to discuss and share information on the introduction of the UK Faster Payments scheme

John Doyle - Barron McCann - London | 07/12/2011 | 2501 views | 1 comment

The King Legacy from the Queen of Payments

Change always comes at a price, and VocaLink needs to change; and Marion is the price. It would be unkind and unfair to view her time as CEO as a failure because she made a huge difference at VocaLink. Under her watch the organisation moved from a government bureaucracy to a commercial company that had a voice in Europe. At the same time as dev... Tags: Online banking, Payments

Andy Hunter - Perficiam Ltd - London | 07/02/2011 | 4810 views | 7 comments

Making Faster Payments work

There was a time when bank marketing departments offered well crafted products delivering genuine value for money, but that doesn't seem to be the case now. Advertising is dominated by savings accounts paying way below inflation, and cash incentives to switch banks for no reason other than the cash itself. Whatever happened to the value proposition... Tags: Payments, Retail banking

Neil Cook - The Logic Group - Fleet | 17/01/2011 | 4420 views | 3 comments

Mobile Payments Evolution not Revolution

As the global economy slowly emerges from the downturn in what is becoming an ever more aggressive marketplace, organisations are seeking to gain that all important edge over their rivals; with many turning to technology to maximise their competitive advantage. At the start of the millennium the rise of the internet and e-commerce provided busin... Tags: Cards, Payments

Jonathan Williams - Experian - Rugby | 16/06/2010 | 2936 views | 1 comment

Consumers seek a little clarity on Faster Payments

Only last week, the consumer group Which? branded the UK’s Faster Payments scheme as unfair and confusing (BBC News, 11 June 2010). Apparently, ‘one in four credit card companies still cannot receive faster payments’ and the different transaction limits between banks appear confusing. I can’t help but think that this is a li... Tags: Online banking, Payments

Nick Blackwell - MPI- Europe - unspecified | 19/11/2008 | 2610 views

Helping to understand the challenges of Faster Payments

FastPayments.co.uk are undertaking a survey into the current state and progression of the scheme following its public launch some months ago. We are interested in understanding an industry view of the schemes benefits, challenges, implementation progression, and likely future development. In a wider sense we expect this survey to inform industr... Tags: Payments, Retail banking