BoE Joins Forces with OMFIF on UK Retail Payments Infrastructure

The Bank of England has joined forces with OMFIF to discuss the development of the UK's next-generation retail payments infrastructure. The Retail Payments Infrastructure Board is working on a public-private partnership to design this new system, which aims to be innovative, resilient, and competitive.

The roundtable discussion will explore how the collaboration between public policy direction and industry-led delivery can support the creation of an efficient payments ecosystem. This includes ensuring interoperability, access, and delivery.