Industry News

Project Rome will be providing a high-level overview for Payments Association members regarding the outputs from the RTGS Blueprint Advisory Board meetings, the timescales regarding the transition and implementation, and

Members of the Project Inclusion team were actively involved at the London Assembly Economy Committee’s report launch event. The report on access to money for Londoners followed input from several

Business payments company Bottomline Technologies is enhancing its Paymode-X solution with a focus on machine learning, according to an announcement the firm made on Thursday (Jan. 11). Read more here.

On the 13th of January 2018, the Government is to enforce the ban on the practice of surcharging consumer cards wherever they are accepted in the UK. Read more here.

Guest blog contribution from Angela Yore; Payments Association Advisor Board Member, Managing Director of SkyParlour Being a member of the Payments Association’s ‘Project Women in Paytech’ is exhilarating.  The programme

Project Inclusion met with the Department for Works & Pensions to identify how the Payments Association and its members can provide guidance on alternate solutions for payments disbursement. The meeting

Project Women in PayTech will be hosting evening of insights and interaction to shape how to challenge the industry stereotypes of women within the payments sector. The event is set

Project Futures launched a survey to Payments Association members to gain insight on the themes, technologies, and innovations that are of most interest to shape the content of workshops in

Money transfer innovators TransferWise introduce a borderless account, with real time debit payments. Last week, global money transfer company TransferWise announced the launch of the first truly multi-country/multi-currency “borderless” account.

Metro Bank, the revolution in British banking, has launched instant online account opening for its current account. For the first time, customers from across the UK can join the bank as current

London, United Kingdom – The The Payments Association welcomes Visa as a Benefactor as well as the lead sponsor of its flagship annual conference, PAY360. Visa is also supporting the

Project Futures has announced the dates for its next workshop which will focus on new technologies that will drive digital business. The next Project Futures workshop will be held on

Project International Trade, in collaboration with Banking Circle, has launched a FinTech Regulation Helpline to provide guidance for PayTech companies struggling to navigate payments-related regulation. The service, operated by Banking

No policy change coming in 2018 promises to disrupt the payments industry more than the Revised Payment Services Directive, or PSD2. Read more here.

PYMNTS.com have been exploring the likely impact of a move to Faster Payments in the US. As a part of this, the publication has been looking at markets with more

Members of the Project Inclusion team met with Matt Hancock, Minister of State (Department for Digital, Culture, Media and Sport). Project lead Steve Shirley, Vice President of Public Sector at

Payments Association CEE hosted its second xCEEd conference in May. xCEEd 2018, the leading fintech conference for Central and Eastern Europe, hosted over 200 attendees and focused on the practical application

by Anne Pieckielon, Director of Product and Strategy, Bacs, Lead, Women in PayTech Project   Shocked, that was my first reaction to the reports that came out of the government-backed

Project Media has launched a national consumer survey to gauge the public’s knowledge of Open Banking. The survey will poll 1,000 UK consumers with questions to evaluate the awareness of

As a very busy year drew to a close, we found just enough time to catch our breath and reflect on all that happened last year at Paybase. We can

Project Futures will be hosting the first of its quarterly workshops on Wednesday 21st March. The interactive workshop will focus on identity and its role in managing fraud, and will

Project Media has raised the profile of the Payments Association and its members with coverage across Finextra, Mobile Payments Today, FStech, PaymentsSource, Payments Compliance, and The Paypers among others. The

Project Inclusion published the Payments Association’s response to HM Treasury’s (HMT) call for evidence on cash and digital payments in the new economy. The response lists a series of recommendations

‘- In-app payments forecast to be worth $1.2 trillion across North America and Europe by 2020¹ – Businesses in 190 countries now offered rapid, simple mobile payments integration whilst retaining

Project Regulator will be developing briefing paper on NPSO/NPA and what it means for players within the industry. One of Project Regulator’s areas of focus in 2018 includes facilitating the

Curve, the new app that connects your debit and credit cards to one Curve Mastercard, launched for UK consumers today. With over 50,000 people on the waitlist ahead of launch,

London, UK 15th January 2017 – Eastern Savings & Loans and Rainbow Saver (RSACU), the Credit Unions for Norfolk, Suffolk and Cambridgeshire, have partnered with award-winning digital bank Change Account. The partnership enables the Credit Unions

Project International Trade joined The Lord Mayor in a trade mission to Australia and New Zealand in February. Suresh Vaghjiani from the Project International Trade team accompanied the FinTech and

Ronnie Hart, Chairman and CEO of Nitecrest Group, is pleased to announce the promotion of Leeroy Pye to CEO of Tagnitecrest. Ronnie Hart “Both our commercial card division at Nitecrest

Project Regulator, on behalf of Payments Association, has written to the Open Banking Implementation Entity (OBIE) calling for the OBIE to amend the terms of the CMA’s framework so that

Project Futures has moved the second workshop to July. If you would be interested in attending a Project Futures workshop and provide input into new innovations and technological developments, then

Project Inclusion hosted a showcase event, in partnership with the Department for Work & Pensions and Mastercard, for 30 DWP executives including Baroness Buscombe. The event hosted twelve payments companies

Project Retail will be launching the next iteration of the Retail PayTech Forum in April. The event, which will be held at a central London location on Tuesday 3rd April,

The year 2018 promises significant changes for companies in terms of data management. In May 2018 the RGPD: the European Data Protection Regulation will come into force. It aims above all to

2 January 2018: PayPoint has announced a new partnership with the Association of Convenience Stores (ACS) to make their Assured Advice programme available to all retailers via their PayPoint One

Following the launch of Project Media’s national consumer survey on Open Banking, the Payments Association was featured in The Sunday Times. The article highlights the findings of the survey, noting

The Payments Association’s Project Retail has created a retailer research survey to better understand how the payments industry can better provide for merchants and to drive faster adoption of payments

Project International Trade is partnering with the Department for International Trade to bring UK FinTech and PayTech companies over to Australia as part of a trade mission and develop the

The Payments Association is delighted to announce that FICO have come onboard as the Benefactor of Project Futures. FICO’s Benefactor status will allow them to be seen as the industry’s

Project Rome has published a thought leadership piece on the transposition of regulation 104 and regulation 105 from PSD2 and their impact on banking access. The article, penned by Andrea

RIVERWOODS, Ill. & TOKYO–(BUSINESS WIRE)– Discover Global Network, the payments brand of Discover Financial Services, will expand card acceptance at key merchants in Hong Kong by working with First Data and JCB International, the international operations subsidiary of JCB

The opening of a brand new Post Office on New Oxford Street in London has marked a new milestone for the Post Office in the UK’s capital. Read more here.

Project Regulator will be developing an educational piece regarding the emerging payments sector and include definitions that best articulate EMIs and PIs to the consumer. This publication is part of

Most of the payments predictions I’ve read for 2018 say, ‘This year we’ll see more collaboration in payments’. A glib statement, but not so easy in practice. No app can