News

18 August, 2008

The UK Faster Payments Service was launched on 27 May 2008. By the end of June, 4.5 million payments had been processed for a value of £2.5 billion... Read more

12 August, 2008

"Banking on the digital economy" was the topic of discussion with Distra's CEO, Mike Aston on this week's The Scoop. Read more

08 August, 2008

VocaLink, the payment transaction specialist, announced today that its contract with Bacs Payments Schemes Limited (Bacs) to process the UK automated payments has been extended. The contract which ran to 2010 has been extended for a further five years to 2015. Read more

01 July, 2008

Australian payments software provider, Distra, is a key player in the launch of the new and highly innovative UK real time payments service called Faster Payments... Read more

27 May, 2008

he UK's faster payments service, designed to provide customers with near real-time transfer of phone, Internet and standing order payment instructions - has finally gone live... Read more

27 May, 2008

VocaLink, the payment transaction specialist, announced today that the Faster Payments service has gone live with the first transactions processed successfully this morning... Read more

15 May, 2008

VocaLink, the payment transaction specialist, has today signed a contract with the Swedish national processor, BGC, to process the majority of Sweden’s automated payments... Read more

14 April, 2008

Interchange is under attack. Legislators, regulators, and/or Courts of law are engaged in examining, or setting, interchange fees in many markets (e.g., US, EU, Australia)... Read more

27 February, 2008

Convergence, commoditization and compliance will be among the three leading drivers to shake up the payments industry this year... Read more

12 February, 2008

National Australia Bank (NAB) has installed a real-time merchant payments processing switch from Australian EFT software firm Distra. The switch has been in production at NAB, one of Australia's top four banks, since October 2007, Distra says... Read more

News from past years
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