“Payments is now a new battleground,” John Hutton, director of payments at Nationwide told PaymentEye “particularly with Open Banking and the adoption of Third Party Providers (TPPs) and Payment Initiation Service Providers (PISPs). Through that ecosystem a TPP can start to manage on behalf of a customer.”
In PaymentEye this week, we look at the banking payment system revolution, in an in-depth report.
Elsewhere, last weeks payment processing outages suggest the retail value chain may need to be reassessed.
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