Industry Reacts to the BoE’s Payments Innovation Objective
The Treasury will give the Bank of England a secondary objective to support payments and digital money innovation. Specialists welcome it, with caveats. The post Industry Reacts to the BoE’s Payments Innovation Objective appeared first on The Fintech Times .
The Treasury will give the Bank of England a secondary objective to support payments and digital money innovation. Specialists welcome it, with caveats. The post Industry Reacts to the BoE’s Payments Innovation Objective appeared first on The Fintech Times .
BELLINGS Intelligence Score: 55
Why it matters
The Bank of England receiving a secondary objective to support payments and digital money innovation represents a significant regulatory and structural development with potential long-term impact on the payments ecosystem and financial innovation in the UK, meriting elevated significance for credit-market professionals.
Sources
The Fintech Times
Industry Reacts to the BoE’s Payments Innovation Objective
The Treasury will give the Bank of England a secondary objective to support payments and digital money innovation. Specialists welcome it, with caveats. The post Industry Reacts to the BoE’s Payments Innovation Objective appeared first on The Fintech Times .