On 4 November 2026 the Bank of England’s Retail Payments Infrastructure Board published its response to the June consultation on the UK’s next-generation retail payments infrastructure, drawing on 121 replies. It favours a relatively thin core, a common ISO 20022 baseline, settlement via RTGS and phased migration rather than a big bang. The Blueprint is to be handed to an industry-led Delivery Company in spring 2027, with co-creation from November 2026.

What it means: For Greek fintechs and banks with UK exposure, the 2027 Blueprint timeline affects ISO 20022 roadmaps, A2A at point of sale and interoperability with new forms of money. Watch which shared services (fraud, directories, aliases) sit in the core. Emphasis on agentic and programmable payments means agent-authorisation controls will become part of the rails. Do not expect an immediate Greek change; standards may still shape cross-border flows. In practice, teams should name an owner, update the risk register and agree success criteria within 30 days. Where suppliers or customers are affected, send a short note citing the primary source without overclaiming. Compliance, security and operations are linked; one change often needs contract, access-rights and continuity checks. Keep a review calendar so the news becomes concrete actions for the Greek business. In practice, teams should name an owner, update the risk register and agree success criteria within 30 days. Where suppliers or customers are affected, send a short note citing the primary source without overclaiming. Compliance, security and operations are linked; one change often needs contract, access-rights and continuity checks. Keep a review calendar so the news becomes concrete actions for the Greek business.

Read the original on Bank of England

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