Posts Tagged ‘Utilities’
UK Payments Initiative launches new A2A payments scheme in ‘defining moment’
The new industry-led scheme will enable consumers to make recurring and automated payments to businesses in the financial services, utility and charity sectors, as well as to government.
Read MoreGoCardless reports ‘strong demand’ for commercial VRPs among UK businesses
A new study from bank payment company GoCardless has revealed that UK businesses are being held back by outdated systems, and that against this backdrop, commercial VRPs are viewed as a strategic unlock.
Read MorePocketSmith’s global spending map reveals where Australians can benefit from Open Banking data
Australian users of PFM fintech PocketSmith are leveraging smart Open Banking insights to manage cost-of-living pressures, with data from its “Global Spending Map” showing rising year-on-year median monthly spending across key categories.
Read MoreAcquired.com partners with Visa to launch Visa A2A
Acquired.com, a payments infrastructure provider for recurring commerce, has partnered with Visa in the UK to launch Visa A2A – a new account-to-account payment solution for recurring and variable payments, offering an alternative to Direct Debit and card-on-file.
Read MoreUK Finance proposes commercial model for ‘Wave 2’ cVRP
UK Finance, which was supported by Deloitte, said that ‘Wave 2’ cVRP use cases “could generate a significant volume of payments”.
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 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 MoreMoverly’s digital home-moving property pack wins Smart Data Challenge prize
A Smart Data prototype that generates Digital Sale Ready Packs to make it easier to buy and sell a home has been named the winner of the Smart Data Challenge Prize by the Department for Business and Trade.
Read MoreNatWest Boxed: Embedded finance powering growth at major UK brands
A new study from NatWest Boxed found that 80% of brands have reported improved business outcomes following their rollout of embedded finance.
Read MorePayLaterr integrates Experian’s fraud prevention, alternative data solutions
Through the new partnership, PayLaterr will be able to detect and prevent fraudulent activity in real time, as well as better understand the financial “habits” of users who may lack a traditional credit file.
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