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.”
The US Commodity Futures Trading Commission approved LedgerX as the first regulated clearing house for derivatives contracts settling in digital currencies.
The European police agency recorded an 11% increase in incidents worldwide over the 12 months to March this year.
Businesses must have a broad investment portfolio and a range of trading relationships to survive in today's volatile economic climate.
Government intervention means that new regulations pave the way for a competitive regulatory and tax regime.