17 October 2017
visit www.response.ncr.com

Chaps celebrates 30th anniversary

05 February 2014  |  1143 views  |  0 Source: Chaps Co

Key members of London's financial community came together in London yesterday (Tuesday 4 February) to mark the 30th anniversary of CHAPS (the UK's high-value same-day payments system) and to highlight its continued key role in the UK's economic infrastructure.

Speeches were given by the Deputy Governor of the Bank of England, Sir Jon Cunliffe; David Gauke MP, Exchequer Secretary to the Treasury; and by Dr Herta von Stiegel, Chairman of CHAPS. Guests were in attendance from across the banking industry, including participants in the service, financial trade bodies, board members and associates of the CHAPS Scheme.

Phil Kenworthy, Managing Director of CHAPS Clearing Company said the anniversary was a significant milestone that provided the opportunity to acknowledge how far CHAPS had come in the past thirty years.

"CHAPS has always performed a fundamental role within the UK economy having processed high-value payments safely and securely for the past three decades. This has underpinned both domestic and international trade. In this period, not only has the number of Direct Participants[1] using the service increased, but so has the volume and value of payments. We look forward to continually strengthening the service we provide for the next 30 years and beyond."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.innotribe.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
14390 views comments | 11 tweets | 3 linkedin
Taiwan's Far Eastern International Bank suffers malware attackTaiwan's Far Eastern International Bank su...
13046 views comments | 16 tweets | 22 linkedin
Monzo fends off suitors as current account upgrade beginsMonzo fends off suitors as current account...
8949 views comments | 17 tweets | 14 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
7881 views comments | 15 tweets | 20 linkedin
Ripple blockchain network hits 100-member markRipple blockchain network hits 100-member...
7589 views comments | 13 tweets | 13 linkedin

Featured job

A minimum of £200K (not a limiting factor)
London

Find your next job