The Australian fintech has disabled screen scraping in its money management app for the ‘Big Four’ banks.
The Open Banking payments platform will provide Wizz Air’s travellers with a “low-cost, simple and secure way” to pay.
Through the collaboration, Vyzer’s high-net-worth investor clients will be able to instantly connect and sync their European bank accounts.
Jan Plasberg’s background is in product and engineering, having been VP of engineering at Klarna.
This funding has been led by Praetura Ventures and Greater Manchester Combined Authority (GMCA).
Launched in June 2020, Payit has handled more than five million payments with an average transaction value of £200.
The partnership is live and in market whilst it’s already being used for P2P payments and investment platforms.
The committee believes that by working closely with industry and other key stakeholders, there is potential to build on the progress made to date in Open Banking
The collaboration with MX reflects CIBC’s continual commitment to innovation and ‘will enable modern, digital client experiences’.
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