British Bank of England to change the UK for an outdated payment system


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The Bank of England is not responsible for the overhaul of Britain’s retail repayments to replace the “faster payment system” based in 2008.

Boe Governor Andrew Bailey In his speech on Tuesday, “payments should be a topical need to relevance in the area” and the preparation and delivery of a new British infrastructure in this area, “he said.

Non-profit payment systems operator Pay.UK began to launch a new retail system in 2017, but later, despite the awarded tender for the tender, then began the tender for the bond.

This caused Boe According to a reconstructed structure, the Central Bank was declared the procurement process to find the operator of the new system, the Central Bank was announced on Tuesday.

Retail payments on retail payments will chair the retail payload chart charged. The plan will be presented this year after discussions by the Boe and the financial behavior body this year this year.

“Bailey said,” Bailey said, “Bailey said,” Bailey said, “Bailey said,” Bailey, in addition to the promotion of the growth in Britain, “said Bailey, said,” Bailey said.

Last year, a replacement for a faster payment system that works with 4.2TN payments is designed to allow instant operations of the score account in stores – something to fight for the current system.

This can help destroy Visa and MasterCardin, Visa and MasterCard, Visa and MasterCard, who manage the most retail payments for this and the most retail payments for it.

MasterCard is the vocalink owner of the current faster payment system operator Pounded £ 11.9mn last week fined “Ineffective Risk Management Framework” by Boe and the weakness of internal control and management.

“The main role for the Bank of England is a step forward and will unlock one of the slow progress in the UK’s payments,” John Howells of the Link Executive Chairman.

“It should benefit from payments to the British consumers and help to work to digitize sterling and keeping a global scale competitive.”

Boe would take the procurement process to find the operator of the new system. One source said that this could be a company belonging to large banks, because Vocalink was before Masercard was obtained.

Pay.UK said: “As an independent organization that allows UK to an average of 37 billion pounds, we call on the government to ensure that this new model priorities are the end users.”

According to him, the governor also increased its efforts to increase their efforts to warn the bodies, including organizations, and the sin-lines “in the global economy.

Bailey claimed that the tariffs made by US President Donald Trump have increased, but also the role of “generational change” in the trade system, but the role for a multilateral system.

The IMF has to work in the global economy to cooperate with “imbalance”, WTO and other institutions, which has recently worked in Bailey, which is the Chairman of the Financial Stable Board.

This has already strengthened the assessment of the unbalance and the placement of “call power” to strengthen the assessment of governments and coordinate the government’s coordination policy.

“The popularity of the ruthless truth does not win competitions and there is a risk of body rejection,” Bailey said. “We must allow international organizations to voice incredible situations and practices of international organizations.”

Its proposals, the US Treasury Secretary, US Treasury Secretary, accused the Mission Creepy IMF and demanded that global cooperation and financial stability.

Bailey said that China and between the United States are about 40 percent of the current account in the global economy, but they have warned that the main drivers of the main drivers are domestic policy.

“There is ……



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