News
Wollette partners with Yapily to enable sweeping VRPs for wallet funding
Integrated commerce platform Wollette is using Yapily’s infrastructure to enable automated wallet funding and support its one-tap account-to-account payment experience.
Read MoreMoneyhub and Paragon Bank launch Open Banking-enabled Cash ISA via Spring app
Paragon’s savings app, Spring, is using Moneyhub’s Open Banking technology to support new digital services, starting with a Cash ISA that allows customers to automate tax-free contributions directly from their current accounts.
Read MoreGoCardless expands partnership with Sage to embed Pay by Bank for SMEs
Bank payment company GoCardless has expanded its long-standing strategic partnership with Sage to incorporate its Open Banking payment feature, Pay by Bank, directly within Sage Business Cloud Accounting.
Read MoreUK Chancellor announces new support for SMEs with plans to accelerate Open Finance
The UK government has announced new measures to strengthen the SME finance ecosystem, including plans to accelerate the development of Open Finance with an initial focus on SME lending.
Read MoreMonzo partners with ClearScore to offer automated debt consolidation
The debt consolidation loan will automatically find and settle a customer’s existing borrowing directly with lenders in a single monthly payment.
Read MoreUK’s Department for Business and Trade seeks input on Smart Data scheme design
The government published its Smart Data Strategy 2035 in March this year.
Read MoreScottish Power teams up with AperiData to introduce digital affordability service
Through the partnership, Scottish Power’s advisers will have a clearer understanding of customers’ financial circumstances and assess them for forms of financial support more quickly.
Read MoreACI Worldwide’s Craig Ramsey hails importance of payments ‘choice’
Merchants and consumers will influence the payment options and rails that banks make available, according to the global head of account-to-account payments at ACI Worldwide.
Read MoreMoneySuperMarket and Capital One UK help thin file customers access credit
Using Open Banking data, the new eligibility journey, facilitated by D•One, is available through MoneySuperMarket and is aimed at customers who are underserved by the credit card market.
Read MoreOpen Banking payments fraud rates lower than wider UK payments industry
Open Banking fraud rates remain below wider industry benchmarks by volume, according to new data from Open Banking Limited.
Read More