Do you suffer from "consultation fatigue"?

Exciting news from the Bank of England today: the National Payments Vision is back on the agenda, continuing to emphasize fast, secure, and robust payments for all. "HM Treasury has been considering its response to the 2023 Future of Payments Review, which provided recommendations to successfully deliver world-leading payments. The government has now confirmed its intention to take forward a National Payments Vision, and we will engage closely with HM Treasury to meet their ambitions for the UK payments landscape as a whole." https://lnkd.in/eGQ-Em9C

Government hints at capping bank surcharges for debit, credit cards: https://buff.ly/4el3Aht The coalition Government has hinted at imposing a cap on the surcharges people pay for using their debit and credit cards. Talk* to us about your first / current / next investment today; we’ll help you evaluate your situation and connect you with the right people; call 0800890132 or visit EpsomTax.com for tax advice, strategy&structures and #investments, including #propertyinvestment cryptoinvestment nfts managed funds shares #investmentproperty #property #propertymarket #lending #rentalproperty #realestateinvestment #rentaltax #realproperty #investments #propertytax #propertytaxes #markets #shares #sharemarket #investment #investmentstrategies #investmentstrategy *我的中文说蹩脚，hablamos español, falamos português.

BoE says no decision yet on introducing a digital pound. The Bank of England, in collaboration with HM Treasury, is exploring the introduction of a digital pound to modernise the payments landscape. https://lnkd.in/e7xS6WZY

The federal government says it is prepared to ban debit card surcharges from January 1, 2026, subject to a review underway by the Reserve Bank. It is unclear how much Australians pay in debit card surcharges each year, but it punches a big hole in your wallet when they are added up. What are your thoughts on this? This could mean significant changes for businesses, banks, and everyday shoppers. But how will it really impact us? #australia #cardsurcharges #fees #payments #fintech #financial

The trend is clear: Australians are using less cash to pay their way, with the share of in-person transactions made with cash halving between 2019 and 2022, according to the Reserve Bank (RBA). While cash payments clearly aren't as popular as they once were, there were still almost two billion banknotes worth around $101 billion in circulation at the end of June 2023. And with all this cash still floating around, it's understandable that things sometimes go wrong. Notes tear, they become worn and, in some cases, they are severely damaged. https://buff.ly/40eIMV5

In his video on international #payments, Hussam Kamel says that #OCTInst should bring faster, more cost-effective transfers with increased transparency. For more on this, visit the Icon website: https://lnkd.in/emkqX3Fg #SEPA #InstantPayments #RealTimePayments #Banks #CrossBorderPayments #EuropeanPaymentsCouncil #EPC #FMIinterconnectivity Arjeh van Oijen Donal Fleming Toine van Beusekom Darren Capehorn Ben Hallifax Tom Kelleher Liam Jeffs Kate Nelson Marie-Anne (Mady) Dyson James Hey Matt Newman Benjamin Gwatkin Tom Martin Richard Dear Henry Chadwick Jen Dunbar David Strawson Rebecca R. Jacob Rowlands Milo Diebel Gerry Diebel Simon Barrows

An otherwise fairly uneventful year for the UK banking sector has occasionally been dented by headlines concerning the Financial Conduct Authority’s (FCA) investigation into motor finance commission arrangements. Investigating this in his latest blog, Jakub Lichwa believes that while compensating customers could have a material impact on certain smaller institutions, but doesn't see this as a systemic problem for UK banks. Follow the link below to read more: https://okt.to/YEktsh

About £7.2bn in old banknotes has not been cashed in across the UK, even though the paper £20 and £50 stopped being legal tender in October 2022. Read the full story here: https://lnkd.in/eAtBVj7f #banknotes #coins #finance #economy #miltonkeynes

The Reserve Bank may be compelled to follow the UK and Europe and ban credit and debit card payment surcharges, as the billions of dollars in fees paid by Australians each year attracts closer political scrutiny. #payments #reservebank #australia #surcharges #transaction #banks #creditcards #technology #afr #customers #merchants #fees #government