💡 10 seconds — that's all it will take to transfer money with the EU's Instant Payments Regulation. But for financial institutions, achieving this level of speed isn’t as simple as flipping a switch. 💫 Compliance with the regulation brings a host of challenges, from upgrading legacy payment systems to meeting stringent AML requirements in real time. Banks and payment service providers (PSPs) must navigate tight deadlines for implementation. Our new article tackles the compliance requirements needed for the new regulation, together with a schedule of deadlines, a 6-step verification of payee process, and much more 👇 https://lnkd.in/eurMXkFv #instantpayment #instantpayments #compliance #complianceofficer #kyc #knowyourcustomer #sepa #eu #banking
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⭐️Thrilled to share my first article ! 💡 SEPA Instant Payments Regulation: Speed Meets Compliance What does this regulation mean for the future of payments, and how can we tackle the financial crime risks that come with it? 🔗 Read my take here: https://lnkd.in/eHe7yKMK I'd love to hear your thoughts—let's discuss how innovation and compliance can go hand in hand! #FinancialCrime #SEPA #InstantPayments #Regulation #Compliance
SEPA Instant Payments : understanding the requirements and deadlines of regulation 2024/886
pideeco.be
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HM Treasury has unveiled its National Payments Vision, focusing on reducing regulatory burdens, improving infrastructure, and boosting Open Banking & fraud prevention. The Vision aims to foster economic growth, with a new committee to drive detailed policies. Now is the time for payments sector stakeholders to take advantage of this excellent opportunity to participate in the government’s planned further industry engagement. For a deeper dive into these exciting developments and how they will impact the future of payments in the UK, read the full article. #Payments #Fintech #OpenBanking #EconomicGrowth
UK National Payments Vision: Key takeaways
hoganlovells.com
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HM Treasury has unveiled its National Payments Vision, focusing on reducing regulatory burdens, improving infrastructure, and boosting Open Banking & fraud prevention. The Vision aims to foster economic growth, with a new committee to drive detailed policies. Now is the time for payments sector stakeholders to take advantage of this excellent opportunity to participate in the government’s planned further industry engagement. For a deeper dive into these exciting developments and how they will impact the future of payments in the UK, read the full article. #Payments #Fintech #OpenBanking #EconomicGrowth
UK National Payments Vision: Key takeaways
hoganlovells.com
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HM Treasury has unveiled its National Payments Vision, focusing on reducing regulatory burdens, improving infrastructure, and boosting Open Banking & fraud prevention. The Vision aims to foster economic growth, with a new committee to drive detailed policies. Now is the time for payments sector stakeholders to take advantage of this excellent opportunity to participate in the government’s planned further industry engagement. For a deeper dive into these exciting developments and how they will impact the future of payments in the UK, read the full article. #Payments #Fintech #OpenBanking #EconomicGrowth
UK National Payments Vision: Key takeaways
hoganlovells.com
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Partner @ Hogan Lovells | Co-Chair of Digital Assets and Blockchain | Co-Head of Fintech
HM Treasury has unveiled its National Payments Vision, focusing on reducing regulatory burdens, improving infrastructure, and boosting Open Banking & fraud prevention. The Vision aims to foster economic growth, with a new committee to drive detailed policies. Now is the time for payments sector stakeholders to take advantage of this excellent opportunity to participate in the government’s planned further industry engagement. For a deeper dive into these exciting developments and how they will impact the future of payments in the UK, read the full article. #Payments #Fintech #OpenBanking #EconomicGrowth
UK National Payments Vision: Key takeaways
hoganlovells.com
-
HM Treasury has unveiled its National Payments Vision, focusing on reducing regulatory burdens, improving infrastructure, and boosting Open Banking & fraud prevention. The Vision aims to foster economic growth, with a new committee to drive detailed policies. Now is the time for payments sector stakeholders to take advantage of this excellent opportunity to participate in the government’s planned further industry engagement. For a deeper dive into these exciting developments and how they will impact the future of payments in the UK, read the full article. #Payments #Fintech #OpenBanking #EconomicGrowth
UK National Payments Vision: Key takeaways
hoganlovells.com
-
HM Treasury has unveiled its National Payments Vision, focusing on reducing regulatory burdens, improving infrastructure, and boosting Open Banking & fraud prevention. The Vision aims to foster economic growth, with a new committee to drive detailed policies. Now is the time for payments sector stakeholders to take advantage of this excellent opportunity to participate in the government’s planned further industry engagement. For a deeper dive into these exciting developments and how they will impact the future of payments in the UK, read the full article. #Payments #Fintech #OpenBanking #EconomicGrowth
UK National Payments Vision: Key takeaways
hoganlovells.com
-
HM Treasury has unveiled its National Payments Vision, focusing on reducing regulatory burdens, improving infrastructure, and boosting Open Banking & fraud prevention. The Vision aims to foster economic growth, with a new committee to drive detailed policies. Now is the time for payments sector stakeholders to take advantage of this excellent opportunity to participate in the government’s planned further industry engagement. For a deeper dive into these exciting developments and how they will impact the future of payments in the UK, read the full article. #Payments #Fintech #OpenBanking #EconomicGrowth
UK National Payments Vision: Key takeaways
hoganlovells.com
-
HM Treasury has unveiled its National Payments Vision, focusing on reducing regulatory burdens, improving infrastructure, and boosting Open Banking & fraud prevention. The Vision aims to foster economic growth, with a new committee to drive detailed policies. Now is the time for payments sector stakeholders to take advantage of this excellent opportunity to participate in the government’s planned further industry engagement. For a deeper dive into these exciting developments and how they will impact the future of payments in the UK, read the full article. #Payments #Fintech #OpenBanking #EconomicGrowth
UK National Payments Vision: Key takeaways
hoganlovells.com
-
Partner @ Hogan Lovells | Co-Chair of Digital Assets and Blockchain | Co-Head of Fintech
HM Treasury has unveiled its National Payments Vision, focusing on reducing regulatory burdens, improving infrastructure, and boosting Open Banking & fraud prevention. The Vision aims to foster economic growth, with a new committee to drive detailed policies. Now is the time for payments sector stakeholders to take advantage of this excellent opportunity to participate in the government’s planned further industry engagement. For a deeper dive into these exciting developments and how they will impact the future of payments in the UK, read the full article. #Payments #Fintech #OpenBanking #EconomicGrowth
UK National Payments Vision: Key takeaways
hoganlovells.com
