Yesterday, along with UK Finance's Chief Executive David Postings, I joined global payment and banking leaders, central banks and policymakers in London for the Financial Stability Board (FSB) Payments Summit, hosted at the Bank of England by Governor Andrew Bailey in his capacity as Chair of the FSB.

Packaged accounts were once a big part of retail banking. At their peak, one in five UK customers had one.

In the Office of Finance, Artificial intelligence is moving quickly from experimentation to operational reality.