The New Payment System Operator (NPSO) announced on Monday (Sept. 24) the initial details for a new procurement process for the clearing and settlement layer...
A glitch in the infrastructure of the U.K.’s Faster Payments system has caused a backlog of transactions still waiting to clear hours later, according to...
The U.K. continues to consolidate its payments industry, with its New Payment System Operator (NPSO) announcing the latest step in the initiative. A press release...
The Bank of England is streamlining the U.K.’s payments messaging operations through the planned adoption of the ISO 20022 messaging standard, the bank announced Wednesday...
Two U.K. payment systems have been merged into one by the Bank of England in an effort to boost competition in the financial services space,...
The Payment Systems Regulator (PSR) and Bank of England (BoE) announced Wednesday (Sept. 13) that the Payment System Operator Delivery Group (PSODG) has completed the...