Welcome to this New Payments Architecture (NPA) update from Payments:Unpacked - in this special NPA subscriber edition we feature a New Payments Architecture prospectus and an updated on the mandatory data required in NPA ISO 20022 messages from Pay.UK and the latest NPA insights update from ACI Worldwide.
New Payments Architecture (NPA) Prospectus
Pay.UK have published a new prospectus to highlight the substantial benefits that they anticipate the New Payments Architecture (NPA) platform can bring.
With input from specialists across the programme, the brochure offers a detailed overview that covers:
payment file submission options
describes new “flavours” of Faster Payments
outlines fraud prevention initiatives
explores the potential opportunities offered by Account to Account (A2A) payments
describes potential settlement account funding options
introduces the debate to define the future for Bacs Direct Credit and Direct Debit payments
introduces new connectivity options.
Download the prospectus from Pay.UK here: https://lnkd.in/etyim_kJ