Macy’s Support for UKPI Paves the Way for Affordable Direct Debit Alternative

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On Tuesday 14 July, 2026, it was reported that a significant portion of UK consumers are financially vulnerable, despite the fact that many loan repayments are still collected using outdated payment systems. In response to this issue, fintech company Hope Macy, under the regulation of the Financial Conduct Authority (FCA), has announced an investment in the UK Payments Initiative (UKPI)…

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