Posts Tagged ‘Government’
UK Chancellor launches ‘Future of Payments’ review
Joe Garner, the former chief executive officer of Nationwide Building Society, has been tasked with leading the review.
Read MoreEcospend joins UK Parliamentary Group on Open Banking and Payments
Ecospend’s CCO James Hickman said it will “take a formative role” in payment policy discussions as a member of the All-Party Parliamentary Group.
Read MoreBoE leaders to give evidence to Treasury Committee on SVB UK rescue
Bank of England Governor Andrew Bailey will appear before the cross-party committee later this month to answer a series of questions.
Read MoreSilicon Valley Bank: ‘Rapid demise’ accelerated by having single client type
Tech companies should “reduce over-reliance” on one type of provider following the collapse of Silicon Valley Bank and add to their “financial stack”, according to Payhawk chief executive Hristo Borisov.
Read MoreUK lenders call on government to support better data sharing to help SMEs access funding
In an open letter, signed by lenders including Atom Bank, Funding Circle, Allica Bank, Plaid and Codat, they propose an SME Funding Passport.
Read MoreQ&A: HMRC’s Nick Down on winning the Open Banking Expo Pioneer Award
Open Banking Expo’s head of content Ellie Duncan speaks to Nick Down, head of payments at HMRC, about implementing Open Banking payments, the main challenge in doing so, and what winning the Pioneer Award means to him.
Read MoreUK Government to modernise Consumer Credit Act
HM Treasury plans to reform the Act to ensure it “fosters innovation but also maintains high levels of consumer protection”.
Read MoreUK Government launches consultation on BNPL regulation
The consultation, which closes on 6 January 2022, is seeking views on the potential scope of regulation to ensure ‘proportionate approach’ is taken.
Read MoreSME lending ‘not in a liquidity crisis’
As government-backed support in the form of CBILS and BBLS come to an end, Open Banking Expo brought together a panel of commercial lenders to discuss the future of SME lending.
Read MoreTrueLayer appointed by UK Government to provide Payment Initiation Service
The Open Banking Fintech has been appointed to the government’s Crown Commercial Service’s Payment Acceptance Framework.
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