All posts tagged "banks"

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  Bank of England moves to ‘unlock potential’ of cloud

  The Bank of England (BoE) appointed Appvia, a London-based cloud services start-up, to help it integrate cloud technology across its operations last week. The BoE’s head of digital platforms, Oliver

  • Posted December 10, 2020
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  UK ‘open banking’ champion looks to boost payments functionality

  The UK is “90% of the way” through the first, implementation phase of introducing ‘open banking’, according to the body leading its development – which has just set out its

  • Posted May 21, 2020
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  UK financial authorities launch ‘grid’ to map out regulatory pipeline

  UK financial regulators have launched a ‘grid’ to outline details of upcoming regulatory initiatives and highlight timetabling changes resulting from the coronavirus crisis. The Regulatory Initiatives Grid has been launched

  • Posted May 14, 2020
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  UK Post Office loosens cash access rules to help those self-isolating

  The UK’s Post Office has this week announced new initiatives to help self-isolating individuals get quicker and easier access to cash during the coronavirus pandemic. The Post Office (PO), a

  • Posted April 16, 2020
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  UK lockdown squeezes out cash, but slows progress on payments reforms

  The economic regulator for the UK’s £75 trillion (US$93.3 trillion) payment systems industry has announced a “revised timetable” for its work priorities as the coronavirus pandemic spreads. The Payment Systems

  • Posted April 2, 2020
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  China readies plans for sovereign digital currency

  China looks set to become the first major nation to launch a digital sovereign currency: the digital yuan. The country’s Digital Currency Electronic Payment (DCEP) project, five years in the

  • Posted November 7, 2019
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  Nordic banks to launch cross-border payments platform

  Six big Nordic banks have signed a shareholder’s agreement, produced a business plan, and allocated funding to create the world’s first integrated domestic and cross-border real-time payments platform. The P27

  • Posted October 17, 2019
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  US Federal Reserve to launch instant payments system ‘FedNow’

  The Federal Reserve has announced details of a real-time payment and settlement service called FedNow, designed to support faster payments in the US. Details of the plan – which would

  • Posted August 19, 2019
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  Australia’s financial services regulator to gain more powers

  The Australian government is to hand new powers to the country’s financial services regulator, after a review of the country’s financial system found that consumers are often treated unfairly. The financial

  • Posted October 27, 2015
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