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Visa prepares for 2025 launch of Visa A2A in UK

Visa A2A will launch in the UK in 2025, offering account-to-account (A2A) payments for greater consumer control and protection via bank transfers. It...

India’s Tata Consultancy Services reportedly in the race to run UK’s Faster Payments service

Tata Consultancy Services (TCS) is reportedly in contention to take over the administration of the UK's Faster Payments network from Mastercard-owned Vocalink. The...

Non-sweeping VRPs set for Phase 1 UK roll out in Q3 2024

Phase 1 Roll Out of VRP:Financial regulators in the UK plan to implement non-sweeping variable recurring payments (VRP) by Q3 2024. Joint...

PSR delivers update on progress of New Payments Architecture

The UK's Payment Systems Regulator (PSR) has outlined its plans for the New Payments Architecture (NPA) program, aiming to enhance interbank payments and consolidate...

Pay UK: Named David Pitt as its new Chief Executive Officer

Pay UK: Named David Pitt as its new Chief Executive OfficerPay UK, the UK’s leading retail payments authority, enabling a vibrant economy The...

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