In spite of previously stating it wasn’t on their agenda, Labour’s U-turn on digital ID could pave the way for a new era of onboarding and KYC in the UK. During the King’s Speech on Wednesday, to the surprise of many it was revealed that the government was planning to introduce the Digital Information and Smart Data Bill, focusing on …
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PaymentExpert: Tech giants commit to UK’s Online Fraud Charter
The UK government has deepened its commitment to protecting citizens from fraud after reaching what it calls ‘the first agreement of its kind’ with global tech companies. Eleven Big Tech conglomerates – Amazon, eBay, Facebook, Google, Instagram, LinkedIn, Match Group, Microsoft, Snapchat, TikTok and YouTube – are expected to sign a pledge to remove fraudulent content from their platforms as …
Read More »PaymentExpert: UK playing catch-up on key Open Banking disciplines
The UK government has been warned of technical shortfalls and entry barriers in its path to unlocking an open banking system to reducing SME costs and to change retail banking processes benefitting the consumer. PaymentExpert drills down on the ‘Future of Payments’ report by Joe Garner, former Chief Executive of Nationwide, on how the UK can overcome existing challenges and deliver banking transparency …
Read More »John White, bacta: Reality check needed on cash vs cashless debate.
John White, CEO of bacta, the trade association for the UK’s amusement and gaming machine industry – has stated that more must be done to accommodate consumers who still wish to utilise everyday cash. Speaking to PaymentExpert, White reflected on the current “cash vs. cashless” debate impacting the British public and their access to services and social mobility. Changing dynamics …
Read More »Sam Barrett: Trustly – PaymentExpert Forum will dissect betting/payment current complexities
Sam Barrett, Director of Gaming at Trustly, will chair SBC’s inaugural PaymentExpert Forum – A special event designed to provide payment professionals working for both operators and payment suppliers with a platform to discuss opportunities and threats as part of the future of the betting and gaming industry. Facing increased regulatory scrutiny and a demand for higher standards, Barrett tells …
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