On 28th June 2023, the European Commission (EC) set out its proposals for ‘modernising payment services and opening financial services data’. The proposals for payments – referred to as ‘PSD3’ –essentially reflect…

With 2023 emerging as the year of choice for banks when it comes to adopting new strategies and technologies to take control of their payments processing capabilities, many now find themselves at…

Just over a year ago, my colleagues and I offered a few predictions about developments and trends in global payments and banking, intended to help financial institutions shape their strategy for the…

Compared to other sectors, the financial industry has been slow to move to the cloud – and with good reason. Regulatory compliance and data privacy issues alone make banks hesitant to give…

The UK is due to upgrade its instant payments platform by mid-2025. The New Payments Architecture (NPA) aims to deliver multiple benefits, including ease of access and enhanced data carrying capabilities. In…

The UK is due to upgrade its instant payments platform by mid-2025. The New Payments Architecture (NPA) aims to deliver multiple benefits, including ease of access and enhanced data carrying capabilities. In…

It’s a transformative time for the payments industry. The development of innovative payments methods and technology has changed marketplace dynamics, pushing new players into the spotlight and shifting the focus of payments…

The critical role of women in computer science has arguably been under reported throughout history. From Ada Lovelace – who developed the first computer software – to Margaret Hamilton leading the development…

A sea-change is coming to UK payments. In 2016-17, the UK’s industry-wide Payments Strategy Forum created the New Payments Architecture (NPA) initiative. The initiative seeks to create a state-of-the-art, real-time payments infrastructure…