The Payments Association

JULY 19, 2025

EMI Dependence on Traditional Infrastructure EMIs rely on banks for safeguarding client funds, accessing payment rails like CHAPS and Faster Payments, and obtaining card scheme sponsorship. A sector-wide risk elevation threatens these vital relationships, especially for smaller or newer firms.

Money Laundering

Payments Source

DECEMBER 10, 2018

payments authority, Pay.UK, is developing a New Payments Architecture that will upgrade Britain’s Faster Payments real-time retail system. The Bank of England is upgrading the U.K.’s s Real-Time Gross Settlement (RTGS) system. Separately, the U.K.

Real Time Gross Settlement (RTGS)

PYMNTS

MARCH 4, 2020

The Australian Competition & Consumer Commission ( ACCC ) has partnered with the Australian Securities & Investment Commission ( ASIC ) over the schemes, which involve a supplier discounting an invoice to get a faster payment.

Regs

PYMNTS

OCTOBER 9, 2019

According to CBR Online reports this week, Bottomline is currently the largest B2B supplier of Bacs payment software in the U.K., allowing corporates to initiate and process supplier and payroll payments via the Bacs and Faster Payments schemes. EPG is its largest rival, reports noted.

Regs

PYMNTS

FEBRUARY 9, 2017

Brokers/dealers were concerned about the potential for consumers to exercise their rights under Regulation E to assert that a transaction was unauthorized up to 60 days after its settlement, despite the fact that securities settlement transactions are exempt from Reg. A Window Of Opportunity. “If But what about the other concern?

Reg E

PYMNTS

JANUARY 3, 2017

Financial regulators have looked to lighten regulatory loads on smaller banks, seen as critical players in federal initiatives within the payments landscape. For instance, small and mid-sized banks are considered key to faster payments initiatives.

Regs