Posts Tagged ‘UKPI’
UK Payments Initiative launches new A2A payments scheme in ‘defining moment’
The new industry-led scheme will enable consumers to make recurring and automated payments to businesses in the financial services, utility and charity sectors, as well as to government.
Read MoreGoCardless and Jellyfish Energy complete first recurring Pay by Bank transaction
GoCardless has today announced the successful completion of the first recurring Pay by Bank transaction, processed on behalf of Jellyfish Energy, the fast-growing business energy supplier.
Read MoreUK regulators provide “clarity” on Open Banking pricing rules
The statement from the Financial Conduct Authority and Payment Systems Regulator relates to the UK Payments Initiative and its work on commercial variable recurring payments.
Read MoreToken.io CPO Charles Damen elected to UK Payments Initiative board
Token.io announced that chief product officer Charles Damen has been elected to the board of the UK Payments Initiative (UKPI), an FCA-backed, industry-led body advancing Variable Recurring Payments and Open Banking adoption in the UK.
Read MoreFCA announces commercial VRP scheme to get underway in 2025
The UK Payments Initiative is formed by 31 firms to enable variable recurring payments and will be set up before the end of this year.
Read MoreTrueLayer COO Rob Kerrigan elected to UK Payments Initiative board
TrueLayer’s chief operating officer Rob Kerrigan has joined the board of the UK Payments Initiative. The UKPI will roll out Variable Recurring Payments to support Pay by Bank adoption, with the first live payments expected early next year.
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