Posts by Ellie Duncan
UK regulators provide “clarity” on Open Banking pricing rules
The statement from the Financial Conduct Authority and Payment Systems Regulator relates to the UK Payments Initiative and its work on commercial variable recurring payments.
Read MoreSmart Data Group bolsters leadership with appointment to advisory board
Justin Fitzpatrick has joined Smart Data Group’s advisory board.
Read MoreYaspa adds to US team with two senior appointments
Jackson Esoda joins Yaspa from Trustly, while Peter Kula has previously worked at Amazon.
Read MoreOpen Banking Limited marks eight years of Open Banking in the UK
More than 16.5 million user connections are live across the UK, supported by an ecosystem of 145 authorised third-party providers, according to OBL.
Read MoreUK Finance proposes commercial model for ‘Wave 2’ cVRP
UK Finance, which was supported by Deloitte, said that ‘Wave 2’ cVRP use cases “could generate a significant volume of payments”.
Read MoreFeature: What’s in store for the UK and European ecosystem in 2026?
The ecosystem looks ahead to 2026, with predictions from Open Banking Limited, Raidiam, GoCardless, Paylume and others on Open Banking, market consolidation, VRP, Smart Data and fraud prevention.
Read MoreState Bank of Pakistan unveils first cohort of regulatory sandbox applicants
Fintechs and financial institutions were invited to apply under several themes, including Open Banking.
Read MoreSmart Data Group appoints Dr Ruth Wandhöfer as mobilisation lead
Dr Wandhöfer, who has more than 20 years’ experience across global banking, payments, regulation, governance and cybersecurity, will support industry-led engagement on the proposed Open Banking Future Entity.
Read MoreUK Open Banking payments ecosystem: New cVRP scheme is ‘welcome step’
The UK Payments Initiative is being established as a new entity by the end of 2025, while the first payment will follow in Q1 2026.
Read MoreFCA announces commercial VRP scheme to get underway in 2025
The UK Payments Initiative is formed by 31 firms to enable variable recurring payments and will be set up before the end of this year.
Read More