The U.K.’s Clearing House Automated Payments System (CHAPS) is forecasting growth over the next decade. In a report published Wednesday (Oct. 11), CHAPS said it is planning on payment volumes hitting 43.5 million transactions in 2026, fueled by the system’s efforts to develop more specialized...
The United Kingdom’s Payments Systems Regulator (PSR), along with the Bank of England, said Thursday that they’d agreed to a framework that would govern consolidation of the Cheque and Credit Clearing Company and the Faster Payments Scheme and Bacs. Reuters stated that the U.K.’s “multi-trillion...
Much is made of the consumer and payments. But, in the U.K., corporate payments are catching up, especially with a new pact between Bottomline and Barclays that helps promote payments among the supply chain — through mobile devices.
May 05, 2017
The United Kingdom’s Payments Systems Regulator (PSR), along with the Bank of England, said Thursday that they’d agreed to a framework that would govern consolidation of the Cheque and Credit Clearing Company and the Faster Payments Scheme and Bacs. Reuters stated that the U.K.’s “multi-trillion pound system for shuffling payments” and checks will get a […]
