The UK payments landscape entered a new phase of transformation as the National Payments Vision and the Payments Vision Delivery Committee (PVDC) Strategy drove industry modernisation. For banks and non-bank financial institutions, this became more than a compliance exercise, it represented a strategic opportunity to advance innovation, strengthen connectivity, and enhance customer experience.
An expert panel explored the payments transformation roadmap, highlighting how ISO 20022 and advanced messaging standards enabled richer data and smarter transactions, while orchestration and improved connectivity across multiple payment rails, including emerging options such as tokenised deposits and stablecoins, helped institutions modernise infrastructure, reduce complexity, and strengthen resilience across fraud prevention, compliance, and operations.
