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LMS and PEXA join Bank of England synchronisation lab to test house purchase payments
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LMS and PEXA join Bank of England synchronisation lab to test house purchase payments
LMS and PEXA have been selected to take part in the Bank of England’s Synchronisation Lab, which has been set up to test business models for synchronising payments across the financial services sector. The tech companies are the only two participants selected for the ‘house purchase’ element of the BoE’s synchronisation testing. “In October 2025, we announced the Synchronisation Lab – a platform for industry to demonstrate use cases and understa…
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