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UK Payments Council to set online authentication and Faster Payments standards

UK Payments Council to set online authentication and Faster Payments standards

The UK Payments Council is to set mandatory minimum standards for Faster Payments and customer authentication for online and telephone banking under a new national payments plan. The revised roadmap comes four years after the first edition of the plan, which ran into controversy over its proposals to abolish the use of cheques. The Payments [...]

The post UK Payments Council to set online authentication and Faster Payments standards appeared first on Payments Cards & Mobile.

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