Since launching in 2020, Confirmation of Payee has transformed the way people in the UK make payments, offering a vital layer of protection against misdirected payments and fraud.| Pay.UK
As global payments become faster and more complex, ensuring security and trust has never been more important. The post Pay.UK discusses how Confirmation of Payee is shaping payments in Australia appeared first on Pay.UK.| Pay.UK
As Europe moves toward the Single Euro Payments Area (SEPA)-wide implementation of Verification of Payee (VoP) by October 2025, payment service providers (PSPs), payment system operators (PSOs), and financial institutions across the region are looking to Pay.UK’s experience with its implementation of Confirmation of Payee in the UK, for guidance.| Pay.UK
We are pleased to release our Annual Report and Financial Statements 2024, highlighting our achievements and financial performance over the year, and the progress against our strategic priorities. The post Pay.UK releases Annual Report 2024 appeared first on Pay.UK.| Pay.UK
The Payments Vision Delivery Committee has now set out the future direction for UK payments and this marks a pivotal moment for our industry.| Pay.UK
Our Confirmation of Payee service is an industry-wide initiative that looks to safeguard against misdirected payments and combat fraud. The post Confirmation of Payee: The journey so far appeared first on Pay.UK.| Pay.UK
Pay.UK welcomes the opportunity created by the National Payments Vision, and the concomitant changes in the regulatory structure, to reform the organisational framework at the heart of UK payments. The post Working together to build a world-leading payments ecosystem – proposal to reform Pay.UK appeared first on Pay.UK.| Pay.UK
At Pay.UK, we operate the UK’s retail payment systems and manage a number of vital switching services on behalf of the industry. The post Bank account balances on the decline: How can the Current Account Switch Service help? appeared first on Pay.UK.| Pay.UK
Resilient infrastructure and a clear regulatory framework are the two core foundations of the Government’s National Payments Vision, published on 14 November 2024.| Pay.UK
Kate Frankish, recently featured on the Chartered Banker Institute podcast series ‘Banking transformations: A Deep Dive into Modern Payment Services’ to discuss| newseventsinsights.wearepay.uk