Posts Tagged ‘Open Banking Payments’
UK Open Banking payments ecosystem: New cVRP scheme is ‘welcome step’
The UK Payments Initiative is being established as a new entity by the end of 2025, while the first payment will follow in Q1 2026.
Read MoreInterchecks and Mastercard partner to advance A2A payments through Open Finance
Interchecks and Mastercard have announced a strategic partnership to streamline account-to-account payments, combining Pay by Bank with Open Finance capabilities to deliver a trusted, scalable solution across industries.
Read MoreToken.io CPO Charles Damen elected to UK Payments Initiative board
Token.io announced that chief product officer Charles Damen has been elected to the board of the UK Payments Initiative (UKPI), an FCA-backed, industry-led body advancing Variable Recurring Payments and Open Banking adoption in the UK.
Read MoreAmerican Express: Enhanced security is ‘incentive’ to use Open Banking payments
New research from Pay with Bank Transfer, powered by American Express, shows security is a top priority for UK online shoppers.
Read MoreFCA announces commercial VRP scheme to get underway in 2025
The UK Payments Initiative is formed by 31 firms to enable variable recurring payments and will be set up before the end of this year.
Read MoreTrueLayer COO Rob Kerrigan elected to UK Payments Initiative board
TrueLayer’s chief operating officer Rob Kerrigan has joined the board of the UK Payments Initiative. The UKPI will roll out Variable Recurring Payments to support Pay by Bank adoption, with the first live payments expected early next year.
Read MoreOpen Banking fintech Noda partners with Pats.lv to enable Pay by Bank
Latvia-based Pats.lv is an accounting and invoicing platform for self-employed professionals and small businesses.
Read MoreYouLend and Upwork partner to expand financial access for U.S. freelancers
YouLend has announced a landmark partnership with Upwork Inc. (Nasdaq: UPWK) to expand access to financing for freelancers, agencies and microbusinesses across the US, with more than $1 million funded in the first months.
Read MoreLove Finance integrates iwoca’s API to facilitate UK SME lending
Love Finance has partnered with iwoca to speed up and simplify funding for small businesses, integrating iwoca’s API to deliver faster decisions and a smoother SME journey.
Read MoreTink partners with Fidelity International to enable account top-ups via Pay by Bank
Fidelity’s Personal Investing customers and advised clients on the Fidelity Adviser Solutions platform will be able to use the new capability.
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