Payments UK, the trade association launched in June to support the payments industry, said that a further six organisations have signed up to become associate members.
The latest associates are:
- Icon Solutions (UK) Ltd
- Infrasoft Technologies Ltd
- Nets A/S
- Sidley Austin LLP
- Yodlee, Inc
Payments UK now has 29 associate members and 38 full members. “Our growing membership is a testament to the vital role Payments UK has to play within an ever-changing payments industry,” commented its chief executive (CEO), Maurice Cleaves.
“A great example is our ground-breaking World Class Payments project. Through this work we have set out a clear, evidence-based vision of how payments in the UK might look in the future if they are built on customers’ needs. Our growing membership can help us move this vision forward and ensure we deliver the very best outcomes for the industry and its many different customers.”
A survey conducted by Capital One suggests around five in six plan to implement new treasury management products and services in the coming year.
The European Central Bank will extend its quantitative easing programme for nine months beyond next March, but scale back the level of bond buying from €80bn to €60bn a month.
The agreement, after three years of debate, raise questions on future investment demand, but Fitch Ratings doesnʼt anticipate major market disruption.
The European Commission fined Credit Agricole, HSBC and JPMorgan Chase a total of €485m for manipulating the price of the financial benchmark.