24 October 2017

UK Faster Payments

A Finextra Community Group

17Posts 87,840Views 17Comments

Latest blog posts

Craig RamseyACI Worldwide - Watford

New Payments Ecosystem of Real-Time Payments

12 October 2017  |  5076 views  |  0 comments | recommendations Recommends 0

In the UK, faster payments are well established, and we have seen new innovations as well as new businesses being built since May 2008. In Singapore, which went live in 2014 with its Fast and Secure Transfers (FAST) scheme, we are starting to see similar innovations. And we can expect similar seismic shifts in payments innovation for years to come...

TagsPaymentsOpen APIs
a non-active Finextra member

7 Day Account Switching - happy customers are staying put

01 May 2015  |  5099 views  |  0 comments | recommendations Recommends 0

The seven-day Account Switching Service was launched almost two years ago with much fanfare however we are still seeing only a minority of people moving their current accounts to a new provider. According to statistics from Bacs and the Payments Council, 1.3% of personal current accounts have been switched in the past year, and 2.1% since the star...

TagsPaymentsRetail banking
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John Doyle
John DoyleDoyle Financials - London

Interchange Fees Update

04 February 2014  |  3118 views  |  0 comments | recommendations Recommends 0

Vendorcom, the think tank for the financial services vendor community, held an update for members to the Interchange Fees debate. Interchange is the charge levied by the card schemes on retailers to

TagsCardsPayments
John Doyle
John DoyleDoyle Financials - London

Payexpo Round-up

25 June 2013  |  5197 views  |  0 comments | recommendations Recommends 0

By John Doyle • June 25th 2013 The Payexpo conference and exhibition held last week at the Excel in London was a busy affair. Three main streams a non-stop exhibition and several side events meant t...

TagsMobile & onlinePayments
John Doyle
John DoyleDoyle Financials - London

The King Legacy from the Queen of Payments

07 December 2011  |  5158 views  |  1 comments | recommendations Recommends 0

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...

TagsPayments
Andy Hunter
Andy HunterPerficiam Ltd - London

Making Faster Payments work

07 February 2011  |  7406 views  |  7 comments | recommendations Recommends 1

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 account...

TagsPaymentsRetail banking
Neil Cook
Neil CookThe Logic Group - Fleet

Mobile Payments Evolution not Revolution

17 January 2011  |  6126 views  |  3 comments | recommendations Recommends 0

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 t...

TagsCardsPayments
Retired Member
a non-active Finextra member

Consumers seek a little clarity on Faster Payments

16 June 2010  |  4606 views  |  1 comments | recommendations Recommends 0

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...

TagsPayments
Retired Member
a non-active Finextra member

Helping to understand the challenges of Faster Payments

19 November 2008  |  4624 views  |  0 comments | recommendations Recommends 0

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 t...

TagsPaymentsRetail banking
John Cant
John CantMPI Europe Ltd - London

Vocalink seek wider market for UK Faster Payments

20 March 2008  |  4497 views  |  0 comments | recommendations Recommends 1

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 ...

TagsPayments
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Founded by John Cant
Date 16 Feb 2007
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A place to discuss and share information on the introduction of the UK Faster Payments scheme
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Craig Ramsey
Craig Ramsey

Craig Ramsey has worked in the payments...

Barry Kislingbury
Barry Kislingbury

Senior Principle Solutions Consultant at...

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