Westminster eForum

Digital payments in the UK - innovation, regulation and standards

Morning, Thursday, 12th December 2019

Central London


This timely seminar will examine the future for digital payment services in the UK - with discussion expected on regulation, innovation and the implementation of the Revised Payment Services Directive (PSD2).

Discussion will focus on the impact of regulatory changes on the sector.

It will be informed by:

  • The recent commissioned by the Bank of England - which includes recommendations designed to shape the payments system of the future, including allowing open access to a broader range of payment providers who operate across borders; and
  • Publication of the FCA’s for the payment services and e-money sectors.

Following the FCA’s announcement of a phased introduction of Strong Customer Authentication over 18 months, beginning in September, sessions will also provide an opportunity to assess the challenges and opportunities arising from PSD2 implementation.

The conference takes place in the context of rapid growth in financial technology - including Open Banking and contactless mobile payments.

Delegates will also examine key priorities for promoting continued innovation and competition in the sector, while at the same time ensuring that new technological developments do not compromise the security of personal and financial information.

We also expect discussion on the impact of third party payment services providers (TPPs) such as payment initiation services providers (PISPs) - who are able to initiate payments on behalf of customers - and what more needs to be done to make sure systems work for the benefit of the consumer. We expect case studies on services enabling vulnerable consumers to better manage their money and reduce debt.

Keynote Speakers

Tony Craddock

Director General, Emerging Payments Association

Maha El Dimachki

Head of Payments Department, Financial Conduct Authority

Keynote Speakers

Maha El Dimachki

Head of Payments Department, Financial Conduct Authority

Tony Craddock

Director General, Emerging Payments Association


Imran Gulamhuseinwala

Trustee, Open Banking Implementation Entity and Global Head of FinTech, EY

Phil Andrew

Chief Executive, StepChange Debt Charity

Angus McFadyen

Technology and Payments Lawyer, Pinsent Masons

Manish Garg

Founder and Chief Executive Officer, reflow

Russell Saunders

Managing Director, Payments Strategy, Lloyds Banking Group

Martina King

Chief Executive Officer, Featurespace

Paul Horlock

Chief Executive Officer, Pay.UK