APACS faster payments
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£70bn birthday present for Faster Payments service
News According to figures from payments organisation Apacs, the peak day so far for Faster Payments has been 2 March, when around £1bn-worth of payments were... [27 May 2009]
Faster Payments hits £53.5bn in under a year
News In the first quarter of 2009 alone, Faster Payments saw £20.6bn pass through its network according to statistics from UK payments association Apacs. Overseen by... [18 May 2009]
AppLabs Case Study: VocaLink
White Paper In October 2005, the contract to provide the central infrastructure for the new service was awarded by APACS to VocaLink. When implementing a high profile innovative service such as Faster... [23 Mar 2009]
Faster Payments beats £1bn in one day
News On 2 March, the service processed five million interbank payments to set the new daily record, according to payments association Apacs. Apacs forecasts the number of... [09 Mar 2009]
Faster payments system hits new £26bn heights
News According to payments industry association Apacs, 3.9 million FPS payments were made on 1 December 2008 - a new daily record for the service. In the first six months of operation, 63... [02 Jan 2009]
North West leading the rise of online banking
News A survey by UK payments association Apacs has revealed that 55 per cent of adults in the North West use phone or internet banking compared to 46 per cent in Yorkshire, the Humber and Scotland where... [18 Dec 2008]
Credit card firms to share debtors' data
News UK payments association Apacs has brokered a deal between its credit card issuing members for them to share a greater wealth of customer information. Apacs head of card... [24 Nov 2008]
Online security services reach 25 million cards
News According to payments organisation Apacs, the figure represents a year-on-year increase of 600 per cent on 2006 and 150 per cent in the last 12 months. According to Apacs, online... [23 Sep 2008]
Cheat Sheet: Faster Payments Services
Cheat Sheet Under the new system, which is overseen by UK payments association Apacs and operated by payment processor VocaLink and Chaps Clearing Company, payments can appear in the recipient's... [22 Sep 2008]
Top 10 financial services stories of the year
News Apacs estimates five million contactless payment cards to be in circulation by the end of next year. While fraud on UK issued cash cards rose by 26 per cent in the first six months of 2007, Apacs... [17 Dec 2007]
Faster bank transfers delayed to next year
News A spokesman from payment trade association Apacs, which is overseeing the project, told silicon.com: "The priority really for the industry was to agree the earliest day we could launch a reliable service.silicon.com... [15 Aug 2007]
Faster payments plan slows down
News Online, phone and standing order payments account for eight per cent of automated payments made in the UK according to Apacs. A spokesman for UK payment trade association,... [13 Jul 2007]
Banks to cut transaction times
News The Association of Payments and Clearing Services (Apacs) has set a deadline of October this year to design a system to cope with demands for faster transactions. Paul Smee, CEO of... [25 May 2005]
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