Ecospend’s “pay-by-bank” open banking tech drives HMRC app payments
This is first time an open banking payment method was embedded in a government department’s system.
This is first time an open banking payment method was embedded in a government department’s system.
“Today marks a big step forward for adoption,” says OBIE.
Around 5-10% of the scheme’s payouts have been made in error, says government body.
New contract worth £3m tailored to automating payments processes.
Government body aims to clamp down on “reprehensible” behaviour.
The tax authority has requested customer data from UK exchanges.
Each case will be looked at individually to understand the true nature of the transactions.
In a matter of days, financial institutions in the UK will make their first Common Reporting Standard (CRS) transmittal to HMRC. It promises to be a significant event and we’re keen to hear from the industry how its preparations are going and what its predictions are. So we’ve teamed up with compliance solution provider Sovos […]