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Parish departed TrueLayer in April 2023, after four years at the Open Banking payments network.
Suppliers that accept Mastercard will be able to extend net terms to business buyers.
The collaboration allows Pinwheel’s full-coverage direct deposit solution to “reach a broader population of community and regional financial institutions”.
The Dutch payment service is ready to compete with Sweden’s Klarna and Germany’s Riverty, formerly AfterPay.
Initially launching in the UK, the Volopa-Yapily partnership will later expand to key markets across Europe.
The integration allows organizations to pre-populate registration forms and streamline their KYC processes.
FinqPayments is Central and Eastern Europe’s first corporate payment service powered by Open Banking APIs.
He replaces Nez Aquino, who served as Vancity’s interim chief executive officer since July 2023.
The UK is entering its seventh year of Open Banking – but, can it finally fulfil its potential?
