UK Faster Payments

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

 
RSS Nick Blackwell - MPI- Europe  19/11/2008 | 855 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 w...
Tags: Payments, Retail banking
RSS John Cant - MPI Europe Ltd - London  20/03/2008 | 1595 views
Vocalink seek wider market for UK Faster Payments

My previous blog on Faster Payments posed the question whether some/all UK banks were seeing Faster Payments as an opportunity or sideshow? Still an open question I believe. So it was interesting to see an article quoting Paul Taylor - Head of International Market Development at Vocalink - promoting...
Tags: Online banking, Payments
RSS John Cant - MPI Europe Ltd - London  12/02/2008 | 2342 views | 1 comment
Faster Payments May Date - opportunity or sideshow?

If you are going to delay a major financial sector initiative then six months is probably the minimum delay that makes sense. Anything shorter does not give institutions time to react, and anything much longer would undermine confidence that it will be delivered. The revised target live date of May ...
Tags: Online banking, Payments
RSS John Cant - MPI Europe Ltd - London  05/12/2007 | 1165 views
Cheque mate?

The humble cheque seems to have some very keen supporters as Ian Benn's blog demonstrates, so I thought it was worth sharing some material extracted from the most recent MPIE Financial Sector Bulletin (to receive a full copy of this bulletin each month just send an email containing the word subs...
Tags: Online banking, Payments
RSS John Cant - MPI Europe Ltd - London  24/06/2007 | 2122 views
Faster Payments implementation pressures grow

The initial target of the UK Faster Payments scheme seemed a simple concept to deliver - eliminating float (the three days gap between funds leaving the payee's account and arriving in the recipents) - but as with most financial sector initiatives the implementation detail has been significantly...
Tags: Payments
More blog posts

19/06/2007  SEPA Rules, OK!
John Doyle - Barron McCann - London | 1568 views
Tags: Payments, STP
11/06/2007  Recovering Bank Charges - 5
John Doyle - Barron McCann - London | 1782 views
Tags: STP, Retail banking
22/02/2007  Faster Payments on track
John Cant - MPI Europe Ltd - London | 1999 views | 1 comment
Tags: Payments, Retail banking

 


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