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Press Releases

Welcome to our press releases where you can find all of the latest Pay.UK news, as well as contact details for our press team.

Bank of England holds base rate, as banks continue to find new ways to compete for customers

Young Adults Struggle with Financial Confidence and Understanding as Older Generations Lead the Way

Freshers’ weak on financial literacy as just under half of UK students feel confident managing their money

The Current Account Switch Service surpasses 11 million total switches

Financial literacy gap: Half of UK adults claim good understanding of jargon but 71% don’t know how a savings account works

The Current Account Switch Service reaches 1.4 million switches in the past 12 months

Pay.UK’s Fraud Detection Pilot Exceeds Expectations, Detecting Over £112m Worth of Fraud

The Current Account Switch Service reports strong start to 2024, with 320,364 switches taking place in the first quarter

Confirmation of Payee reaches two billion checks, helping protect UK consumers against fraud

Planning for the start of the new year signals an optimistic year for UK SME decision makers

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Our press team are always on hand to speak to the media and help find answers to questions
Shane Warman discusses the npa and the future of uk payments at sibos 2023

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