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Lloyds Banking Group (LBG) has selected Moneyhub to categorise and enrich all retail and non-retail transactions across LBG’s extensive customer base and brands, including Lloyds, Halifax, Scottish Widows and Bank of Scotland.
Open Banking infrastructure provider Konsentus has launched a fully managed Verification of Payee (VoP) service to support banks and payment service providers (PSPs) across Europe.
Trustly has partnered with Sabre Direct Pay, part of global travel technology company Sabre Corporation, to bring its Pay by Bank solution to more travel agencies across the UK and Europe.
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.
Built using Yapily’s Open Banking infrastructure, Allica Bank’s business owner customers will be able to log into their account and top-up their account in a few clicks.