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The organisations, including banks, fintechs and payment providers, have agreed to fund efforts to create an independent operator to take forward work with industry on commercial variable recurring payments.
The payments business is a founding member of an initiative driven by Open Banking Limited to create a new company that will continue work in the UK on commercial VRP.
Global real-time payment platform Volt has been an approved Shopify partner since 2023
The new capabilities mean that Xero’s small business customers in the US will be able to pay their bills without leaving the Xero platform.
Dan Murphy previously served as Open Banking program manager at the Consumer Financial Protection Bureau.
Koen Köppen, chief executive officer of Mollie, called the partnership “a game-changer for SMEs seeking fast, seamless, and fully integrated financial services”.
Open Banking Expo UK & Europe has been named a finalist in the Conference & Events Awards 2025.
The combination of Equals Money and Railsr creates one of the largest embedded finance providers in Europe.
SSV SmartPay will use the latest injection of capital to fuel its growth strategy.
Jérôme Torricelli, head of sales at Paytweak, called the partnership with Trustly “a natural step” in its mission to simplify payments for businesses.
