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Posts Tagged ‘HM Treasury’

CFIT launches Financial Inclusion Coalition to develop inclusive payments solutions

By Ellie Duncan | 4 June 2026

The Centre for Finance, Innovation and Technology is working with Project Nemo on its fifth Coalition, with an initial focus on devloping a Supported Payments framework that will enable vulnerable customers to make everyday payments themselves.

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CFIT secures public and private funding to drive UK financial innovation

By Kelly Shave | 24 April 2026

The Centre for Finance, Innovation and Technology (CFIT) has announced new funding commitments from both HM Treasury and NatWest Group.

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UK Government unveils payments innovation package to futureproof UK fintech

By Kelly Shave | 22 April 2026

The UK’s payments sector is to be equipped for the future of rapid financial innovation through a new package announced during Fintech Week in London.

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UK’s new Payments Forward Plan to help firms ‘plan ahead’ amid raft of initiatives

By Ellie Duncan | 26 February 2026

The new plan provides an overview of all the payments-related initiatives being delivered by the government and public authorities.

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Bank of England outlines approach to innovation in payments

By Ellie Duncan | 30 July 2024

The UK’s central bank has released a discussion paper setting out its plans to engage with the rapid pace of change in payments.

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Ecosystem discusses next steps to get to Open Finance at OBL Summit

By Ellie Duncan | 25 July 2024

Speakers from UK Finance, Innovate Finance, HM Treasury, TrueLayer and Icebreaker One took part in the panel session.

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Blog: Showcasing EY’s extensive international experience in Open Banking

By Abhishek Sinha | 14 May 2024

How can you seize the opportunities and manage the risks Open Banking opens up?

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UK’s Future of Payments Review endorses Open Banking as way to boost competition

By Ellie Duncan | 22 November 2023

Open Banking could provide “a viable digital alternative to the card schemes”, according to the review, and “improve the UK consumer account-to-account payment journey”.

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Innovate Finance proposes new ‘regtech test’

By Ellie Duncan | 22 August 2023

It is one of the suggestions put forward by the industry body to HM Treasury’s call for proposals on how UK financial regulators’ new competitiveness objectives can be benchmarked.

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NS&I rolls out Ecospend’s Open Banking-powered ‘Pay by Bank’ to online customers

By Ellie Duncan | 1 June 2023

The savings organisation, backed by HM Treasury, will add the Open Banking payment option to help individuals top-up savings accounts.

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