APP scams cost UK victims over £340 million in 2023, exposing systemic vulnerabilities and the urgent need for stronger fraud prevention and collaboration.
Some eight years after its launch in the UK, what progress has open banking made, and where does this stand on its path towards open finance integration?
Operational resilience is key for financial firms amid rapid tech advances, enabling innovation but increasing cyber threats, regulations, and risks.
As digital wallets reshape finance and big tech challenges traditional banks, who will control the future of money?
The EBA’s redefinition of e-money challenges traditional models, raising regulatory uncertainties and requiring compliance reassessment.
Swift drives global interoperability and innovation, aligning with the UK’s National Payments Vision to enhance seamless, secure payments.
Trust Payments CEO Laurence Booth urges providers to go beyond transactions, focusing on digitisation and personalisation to meet evolving consumer and business demands.
Payments Association has released a report, “Transforming the UK’s Payments Infrastructure,” proposing a revamp of the UK’s payments. The paper argues that the current system of account-to-account (A2A) payments hinders
