Payment Strategy Forum: Blueprint for the Future of UK Payments

Deck: 
Payment systems in the UK are some of the best in the world, performing a critical function for the economy and supporting our day-to-day lives. However, their age and complexity make it increasingly difficult for the industry to innovate to meet the changing needs of a diverse group of users. In November 2016, the Payment Strategy Forum published its Strategy. It set out a bold vision for the future of UK retail interbank payment systems that will enable simpler access, ongoing stability and resilience, greater innovation and competition, increased adaptability and better security to meet the needs of current and future generations of payment service users.
Published date: 
1, July, 2017 1
Body: 
Payment systems in the UK are some of the best in the world, performing a critical function for the economy and supporting our day-to-day lives. However, their age and complexity make it increasingly difficult for the industry to innovate to meet the changing needs of a diverse group of users. In November 2016, the Payment Strategy Forum published its Strategy. It set out a bold vision for the future of UK retail interbank payment systems that will enable simpler access, ongoing stability and resilience, greater innovation and competition, increased adaptability and better security to meet the needs of current and future generations of payment service users.