"I went to a banking technology seminar just over a year ago where the main focus of the presentations was how to create a single universal payment message type and the issues around customer ID&V.
The subject inevitably turned to the UK Payments Council new Scheme - since Account Switching is going live end of this month and they needed something new to sink their teeth into - P2P Mobile Payments being made available to the whole of the UK. The big 5 were the 1st to sign up, with some of the key new players in Retail Banking hot on their tail, as well as some of the main online payments engines." Continue Reading
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