As part of our commitment to deliver an New Payments Architecture (NPA) that meets the current needs and future expectations of the industry we may reach out to the payments ecosystem through consultations and questionnaires from time to time to ensure we consider the industry’s views in the development of the NPA.
Consultation on the scope of the NPA
We issued a questionnaire in December 2019 to support us in finalising the scope of the NPA programme and our planning. It also aimed to secure and maintain industry support for this critical programme of work. Given the time passed since the Payment Strategy Forum’s blueprint for the NPA we thought it was an appropriate point to gather participants’ views on the NPA programme’s scope.
Faster Payments transition questionnaire
In July 2019 we asked the industry to consider our recommended Faster Payments transition approach (‘all receive, then send’), the adoption of ISO 20022 messaging standards and broader transition considerations.