Commentary on the Payment Strategy Forum Blueprint

Marcus Hughes, Business Development Director, Bottomline Technologies says:

“The PSF’s proposals complement other major initiatives within the UK payments landscape, such as Open Banking and the announcement that non-bank payments service providers will be allowed to open settlement accounts at the Bank of England in order to achieve direct access to UK payments systems.

This is now an opportune moment for corporates, banks and regulated payment institutions to streamline payments, enhance user experience and ensure international interoperability, while reducing the risk of fraud and financial crime.” 

Author: Dylan Jones

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