In the wake of the Wirecard debacle, the UK body, the Emerging Payments Association has published a review paper entitled ‘Avoiding a payments lockdown’, presenting it to the UK’s Financial Conduct Authority and HM Treasury. The paper seeks to identify vulnerabilities in the current payments business model, how UK institutions were impacted and what regulators need to do next. Tony Craddock discusses the paper’s findings with Robin Amlot…
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