Posts Tagged ‘variable recurring payments’
FCA to publish Open Finance rollout ‘roadmap’ within a year
The Financial Conduct Authority made the commitment in its new five-year strategy, in which it set out four priority areas.
Read MoreUK SME credit card platform selects GoCardless to rollout VRP
Capital on Tap and GoCardless have been working together since 2014.
Read MoreMoneyhub finds UK consumers ‘clearly ready’ for Open Banking payments
Moneyhub’s Dan Scholey said delays in establishing a “robust” commercial VRP framework are holding back innovation and economic growth.
Read MoreUK’s Open Banking Limited launches consultation on the MLA for commercial VRPs
OBL is inviting responses as part of the public consultation on the cVRP multilateral agreement.
Read MoreFCA, PSR reveal plans for new independent company to drive VRP in the UK
The regulators made the announcement as part of the next steps for UK Open Banking.
Read MoreNorway’s Neonomics acquires UK Open Banking platform Ordo
The deal has been approved by the UK and Norway’s financial regulators, respectively.
Read MoreFCA to deliver VRP, Open Finance in 2025 to ‘support growth’ in the UK
Nikhil Rathi, chief executive of the FCA, wrote to Prime Minister Keir Starmer, outlining how the regulator will support the UK’s economic growth.
Read MoreUK’s Payment Systems Regulator commits to work on VRPs in strategy review
The PSR set out commitments for the next two years, following the mid-term review of its five-year Strategy.
Read MoreOrdo collaborates to pilot Open Banking payment platform
Ordo has teamed up with Eviden, which specialises in cloud, big data and security, and blockchain company ByzGen, to provide flexible payments for businesses and consumers.
Read MoreZing works with Tink to rollout two new top-up options for members
Automatic and one-tap top-ups are available for all members and will work with most of the UK’s major banks.
Read More