On-demand Webinar
The transformation of the UK Payments landscape
The UK payments landscape is undergoing a period of great transformation, driven by the global adoption of the ISO 20022 standard, as well as the proposed New Payments Architecture “NPA”. An initial phase of NPA is expected to be delivered by 2023, and thus organisations that are existing participants in the Faster Payments scheme will need to be ready to begin testing and prepare migration for NPA during 2023.
Watch the replay of this webinar to find out:
- The current interbank payment landscape in the UK and how this will be transformed by NPA.
- The opportunities that NPA will create for financial institutions, payment service providers, fintech, and other organisations involved in payment processing within the UK.
- Why the move to ISO 20022 as the core financial messaging standard and ensuring interoperability will be key for success of NPA.
- How financial institutions can control and use the new data gained.
- The variety of new payment products that are anticipated in the longer term following the launch of the first phase of NPA
- Risks to banks for delaying in sharing plans with NPA board to change
Speakers
With a career spanning over 30 years within UK Retail Banking working for The Royal Bank of Scotland, The Co-Operative Bank and now Aldermore Bank. Lisa has held multiple roles leading Operational Teams, in both telephony and processing disciplines, delivering large scale transformation and process improvements and efficiencies. These have been across teams which cover Treasury Operations, Finance Reconciliation, Banking Services and Payment Operations. The last 18 years of her career have been specialising in Payments, both strategic and operational. Lisa has previously been a director of Cheque and Credit Clearing company, which required collaboration across the industry to deliver the ImageClearing System.
Becky is currently Head of Industry of Engagement for the New Payments Architect at Pay.UK, bringing with her all of the experience in her previous role as the Director of Payments for UK Finance. Here she led a strong team with deep domain knowledge delivering thought leadership on policy, working closely with the regulators in the UK and Europe for the good of the membership.
Mark Nalder is the Strategy & Performance Payments Director at Nationwide responsible for the Society’s strategy and industry engagement and the overall performance of payments across the organisation. Mark has over 30 years of payments experience including roles in Technology, Service and Strategy with over 25 years of working in the industry including holding Board, Exec and Advisory roles.
Jana Mackintosh is Managing Director for Payments and Innovation at UK Finance. Experienced executive with a particular focus on competition and regulatory policy, having worked across a number of public and private sectors in several markets. Influence payments regulation across the UK and Europe, leading discussions on strategic industry and regulatory policy initiatives. Has commercial credentials delivering and implementing these policies in practice. Skilled at relationship building, hold several board positions and work with a number of charities.
