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Faster Payments And The Fed, Two Years On

PYMNTS

The year 2020 looms large in the payments realm, marked off by the Federal Reserve as the year faster payments are to be truly commonplace, available to U.S. To that end, the Fed held a webinar late last month titled “ Next Steps in the Payments Improvements Journey.”.

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Pay.UK Seeking To Appoint Strategic Payments Partner

PYMNTS

Pay.UK, the retail payments authority (formerly known as the New Payment System Operator / NPSO), announced on Thursday (Oct. said it is seeking a partner to help define, deliver and operate a payments infrastructure. has been tasked by the Payments Strategy Forum to deliver the future of payments in the U.K.

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Bank Of England COO Joins New Payment System Operator

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The NPSO will consolidate the nation’s various payment schemes and lead the rollout of the New Payments Architecture, an initiative outlined by the Payment Systems Regulator’s Payments Strategy Forum. Payments Administration (UKPA) to provide support to payment system operators. “The