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Founding board member Madush Gupta will step in as acting chair until a new permanent chair is appointed.
Policy Expert has selected bank payment company GoCardless to offer a simpler way for customers to pay their pet insurance premiums.
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.
