A new industry report - UK Cheques 2016 - published by Payments UK, reveals that the increased popularity of the debit card and electronic methods of payment amongst both consumers and businesses in recent years resulted in fewer cheques being written last year.
An updated voluntary Code of Conduct for Indirect Access Providers (IAPs) has been published today following a consultation with stakeholders.
The Payment Systems Regulator (PSR) has called for an overhaul of the UK's payments infrastructure to generate more competition and meet consumers' needs.
The provision of open access to UK payments systems is seen as a critical enabler for innovation in the financial services sector, but challenges over funding and the achievement of consensus among competing industry participants may stymie progress, says Payments UK in a new report.
A new guide offering consumers advice on how to avoid making errors when sending electronic payments has been published today (Wednesday 8 June 2016) by Payments UK, the trade association for the payments industry.
Debit cards are set to overtake cash as the most popular payment method in the UK by 2021, according to data compiled by Payments UK.
Payments UK, the trade association for the payments industry, has today (Tuesday 19 April 2016) launched a new one-stop shop designed to help the industry better access and implement the standards it relies on.
Payments UK, the trade association for the payments industry, has today announced that The Access Bank UK has signed up to become a full member.
Prioritising the development of a new, ubiquitous and interoperable ‘Request to Pay’ capability for electronic payments could enable greater control and flexibility for customers, according to the latest World Class Payments report, published by Payments UK today (23 March 2016).
SWIFTRef, SWIFT’s global reference data utility, has successfully designed, built and delivered the IBAN/BIC reference platform for the UK community under the guidance of Payments UK.
© Finextra Research 2016