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  1. Faster Payments takes important step towards ISO 20022 with new interactive standards model for developers

    Free-to-use HTML resource is an important step in the drive towards adoption of the ... Latest developments build on extensive work by Faster Payments Scheme to map its existing ISO 8583 message protocol to ISO 20022 ... a trail for standardisation that is as easy as possible to access for developers and fintechs.”   The Faster Payments ...

    Anonymous - 11/07/2017 - 9:29am

  2. What type of Payments can be made through Faster Payments?

    ... Payments Standing Orders Direct Corporate Access Single Immediate Payments ... can be sent 24 hours a day, seven days a week (subject to the service offering of your bank). Up to £250,000 can be sent per ...

    moore-wilson - 28/02/2018 - 9:37am

  3. Faster Payments responds to welcome the Payment Systems Regulator’s interim report into the competition in the supply of indirect access to payment systems

    ... of the PSR’s report and it is particularly pleasing to note its recognition of the tangible progress made by the Faster Payments access programme over the past two years. We have engaged with more than 60 ...

    Anonymous - 11/07/2017 - 9:29am

  4. Faster Payments and Raphaels Bank recognised for 2017 Industry Achievement of the Year

    Card & Payments Awards 2017 recognise groundbreaking achievement of the first new joiner of the scheme to use New Access Model  Raphaels Bank and the Faster Payments ...

    Anonymous - 11/07/2017 - 9:29am

  5. Raphaels Bank joins Faster Payments today

    ... of the Faster Payments Scheme, and the first new bank to connect directly to the payment system since it was launched in 2008. ... sponsor - enabling other payment service providers (PSPs) to access true, 24/7 real-time payments via its connection.  Customers of ...

    Anonymous - 11/07/2017 - 9:29am

  6. Compass Plus achieves accreditation for Faster Payments

    ... that it has been certified as one of only five companies to achieve aggregator accreditation for Faster Payments in the UK. Faster ... a series of technical tests required by FPSL for its New Access Model. Compass Plus chose Ascert Limited to support the testing. ...

    Anonymous - 11/07/2017 - 9:29am

  7. Faster Payments Celebrates 10th Anniversary

    ... subscription economy and smarter supply chains could lead to even stronger growth over the next decade The growth of round the ... supply chains. Real-time payments and advances in access and security across payment systems will be key factors in making these ...

    marketing.ukpayments - 25/05/2018 - 2:49pm

  8. Faster Payments enhances accessibility for developers

    Free-to-use HTML resource launched in January is enhanced to support drive towards ... standard. Enhancements build on extensive work by Faster Payments and Payments UK to expand access and validation functionality by mapping Faster Payment’s existing ISO ...

    marketing.ukpayments - 14/09/2017 - 4:44pm

  9. Response to the Payment Systems Regulator’s interim market review into the ownership and competitiveness of infrastructure provision

    Faster Payments has responded to the Payment Systems Regulator’s (PSR) publication ... that wish to make use of the service.    “Consumer access to Faster Payments is near universal in the UK, and to further promote ...

    Anonymous - 11/07/2017 - 9:29am

  10. ClearBank® joins Faster Payments Scheme

    ClearBank®, the first clearing bank to enter the UK market in more than 250 years, has become a direct participant ... of ClearBank® is another key milestone for Faster Payments' Access Programme which has seen five new participants join the scheme in the ...

    Anonymous - 11/07/2017 - 9:29am