18 October 2017

Latest articles for Bank of England


'This time is different': BofE's Hauser hails fintech revolution

06 October 2017  |  9385 views  |  1 News

Fintech is more than just a buzzword, it is a revolution that will have profound implication for the financial services industry, according to Bank of England executive Andrew Hauser.


Bank of England enters into contracts to supply polymer for the next £20 banknote

06 October 2017  |  2809 views  |  0 Company announcement

The Bank of England is announcing today, Thursday 5 October, that it has entered into 10 year contracts with both CCL Secure Limited and De La Rue to supply the polymer substrate for the next £20 banknote, to be issued in 2020.


New £10 note enters circulation

14 September 2017  |  4464 views  |  0 Company announcement

Today, Thursday 14 September, we have issued the new £10 note.


New UK Payment System Operator formed

13 September 2017  |  2664 views  |  0 Company announcement

The Payment Systems Regulator (PSR) and Bank of England (BoE) have today announced that the Payment System Operator Delivery Group (PSODG) has completed the necessary steps to deliver against the mandate that the regulators tasked it with.


Former Bank of England exec Hogg to lead Visa Europe

08 September 2017  |  9840 views  |  0 News

Visa has appointed former Bank of England deputy governor and chief operating officer Charlotte Hogg as the new head of its European operations.


UK clearing houses to be subject to formal cybersecurity reporting

25 August 2017  |  13638 views  |  0 News

Clearing houses in the UK will have to complete regular cybersecurity reports due to new legislation likely to be introduced in May 2018.


Bank of England rejects palm oil as replacement for animal fats in plastic banknotes

10 August 2017  |  6178 views  |  0 News

In a decision that will anger vegans across the UK, the Bank of England has rejected the introduction of palm oil as a replacement for the use of animal fats in future production runs of polymer bank notes, citing environmental concerns and excessive costs.


Plastic 'tenner' makes its debut

24 July 2017  |  2445 views  |  0 Company announcement

Today, on the 200th anniversary of Jane Austen’s death, Governor Mark Carney unveiled the design of the new £10 note featuring the world-renowned author.


Bank of England comes good on promise to provide non-banks with direct access to RTGS

19 July 2017  |  8752 views  |  0 News

The Bank of England has extended direct access to RTGS accounts to non-bank payment service providers as part of a wide-ranging effort to inject more competition and innovation into the UK's payments systems.


BofE says Ripple PoC reinforces desire for DLT compatibility

10 July 2017  |  16860 views  |  0 News

The Bank of England says that a distributed ledger technology proof-of-concept with Ripple has reinforced its intention to make a new real-time gross settlement (RTGS) platform compatible with DLT usage in the private sector.

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