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UK Banks and Fintechs Launch a Recurring-Payments Scheme to Rival Cards

UK Banks and Fintechs Launch a Recurring-Payments Scheme to Rival Cards

Published 2 months ago
Description
The FCA backed the UK Payments Initiative on June 2, 2026, an industry scheme for commercial variable recurring payments that lets account-to-account rails handle subscriptions. Read the full article: https://www.spendnode.io/blog/uk-payments-initiative-open-banking-cvrp-june-2026/
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