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Banking, Fintech Report Highlights UK's Fast-Growing Financial Tech Space, while Challenges Include Centralized Cloud Providers

Banking, Fintech Report Highlights UK's Fast-Growing Financial Tech Space, while Challenges Include Centralized Cloud Providers
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Pay.UK Releases Technical Info for Entities Aiming to Implement ISO 20022, and Transition to Improved Retail Payments

Pay.UK Releases Technical Info for Entities Aiming to Implement ISO 20022, and Transition to Improved Retail Payments
The
New Payments Architecture (NPA) will aim to offer various benefits for businesses and personal clients residing in the United Kingdom, which may assist with improving the way they control their professional and personal transactions while creating more innovation opportunities.
The adoption of the ISO 20022 standard, not only in the UK but internationally, will have a significant impact on the data handling capability of payment providers, transforming the way we carry out payments and transfer financial details.
The updated standard enables enhanced data exchange; richer information via an improved quality and quantity of data – which can result in new benefits and opportunities for innovation in the payments space and other areas. ....

United Kingdom , Pay United Kingdom Standards Authority , New Payments Architecture , Pay United Kingdom , Next Generation Standard , Standards Source , Standards Authority , ஒன்றுபட்டது கிஂக்டம் , புதியது கொடுப்பனவுகள் கட்டிடக்கலை , செலுத்த ஒன்றுபட்டது கிஂக்டம் , அடுத்தது ஜெநரேஶந் தரநிலை , தரநிலைகள் மூல , தரநிலைகள் அதிகாரம் ,