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- W2997193232 abstract "Payments underpin the UK economy and ensure our competitiveness internationally. It's generally accepted that the UK enjoys one of the most technically advanced and secure payments ecosystems in the world. The UK payments ecosystem, underpinned by real-time gross settlement (RTGS), delivers secure, instant, bulk and high-value payments which have stood the test of time. While the UK payments ecosystem is a successful example of how to deliver things well, it is becoming its own dead-weight. The UK payments system is being overhauled; the Bank of England is redeveloping RTGS and Pay. As new providers come closer to delivering alongside “mainstream” providers, the carefully balanced payments ecosystem must develop to accommodate their new change and innovation imperatives. In PayTech, the ecosystem and its ability to adapt to new technology, new services and new consumer expectations will determine its future. The future for the UK payments ecosystem is only assured if it can become more internationally focused." @default.
- W2997193232 created "2020-01-10" @default.
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- W2997193232 date "2019-11-04" @default.
- W2997193232 modified "2023-09-26" @default.
- W2997193232 title "It's the Ecosystem, Stupid! Keeping Ahead in a Payments Ecosystem" @default.
- W2997193232 doi "https://doi.org/10.1002/9781119551973.ch64" @default.
- W2997193232 hasPublicationYear "2019" @default.
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