Press Releases

3rd February 2017
  • Card & Payments Awards 2017 recognise groundbreaking achievement of the first new joiner of the scheme to use New Access Mode
10th January 2017
  • Free-to-use HTML resource is an important step in the drive towards adoption of the globally-recognised ISO 20022 standard
  • Latest developments build on extensive work by Faster Payments Scheme to map its existing ISO 8583 message protocol to ISO 20022
15th December 2016

The UK’s interbank Payments System Operators (PSOs) – Bacs Payment Schemes Limited (Bacs), CHAPS, Cheque and Credit Clearing Company, Faster Payments and LINK – have today published a new guide entitled,

6th December 2016

Metro Bank, the revolutionary high street bank, has become a fully operational participating financial provider of Faster Payments, the UK’s 24/7 real-time payment service.

20th September 2016

Faster Payments is supporting the launch of a major new campaign designed to tackle financial fraud. 

15th September 2016

Faster Payments Scheme Limited (FPSL) has today (Thursday 15 September 2016) published its response to the Payments Strategy Forum’s draft strategy, ‘Being responsive to user needs’

11th August 2016
  • Raphaels becomes first new direct participant of scheme since launch

Raphaels Bank has today (Thursday 11 August 2016) become the first new fully operational participating financial provider of Faster Payments, the UK’s 24/7 real-time payment service. 

29th July 2016

Nick Caplan, Independent Chair of Faster Payments Scheme Limited said:
“Faster Payments welcomes the publication of the PSR’s Final Report: Market review into the ownership and competitiveness of infrastructure provision. The objectives of the review align with our own ...

21st July 2016

Craig Tillotson, Chief Executive of Faster Payments, said:

“Customer demand for real-time payments means the importance of opening up access to our world-leading service has never been more important...

13th July 2016

Craig Tillotson, Chief Executive of Faster Payments Scheme Limited (FPSL), said:
 
“We welcome the work of the Payments Strategy Forum regarding the publication of this first draft of the strategy for payments in the UK....

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