In a sadly all too predictable announcement, the UK payments association APACS has announced that the Faster Payments initiative has been, guess what, delayed. Intended to bring this country’s archaic payments processing system in line with those of our more developed neighbours, the project will now be pushed back from this November into next year some time, Sneak hears. Now this may irritate a lot of people, but it’s fine by Sneak, who has been waiting for his first cheque from his employers for about five years now anyway, so can probably bide his time for another few months.

17 Jul 2007