UK
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 MoreMajority of UK businesses intend to improve payments processes in 2025
American Express conducted research on the impact of payments processes on business growth among 500 decision makers at UK businesses.
Read MoreUK SME credit card platform selects GoCardless to rollout VRP
Capital on Tap and GoCardless have been working together since 2014.
Read MoreMastercard Open Banking collaborates with Virgin Money on account aggregation
Through the new partnership, driven by Mastercard’s Open Banking technology, Virgin Money credit card customers will be able to view their accounts and balances in one place.
Read MoreUK banks call on industry to get CFIT’s proposed Digital Company ID ‘off the ground’
Speakers from Lloyds Banking Group, Monzo and NatWest Group were at CFIT’s ‘Fighting Economic Crime through Enhanced Verification: Coalition Showcase’.
Read MoreToken.io enables Fabrick to expand Pay by Bank to the UK market
Pay by Bank transactions grew 75% in the UK last year, according to Token.io’s chief executive officer Todd Clyde.
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 MoreClearScore unveils ‘Credit Health’ to give users more credit insights
The new platform, Credit Health, combines credit report and Open Banking data.
Read MoreBanks and fintechs debate what is needed to remove payments ‘gridlock’ in UK
Lloyds Bank, NatWest, ClearBank, CFIT, Monzo and Innovate Finance took part in the panel debate ‘Driving payments modernisation in an Open Banking era’ at Open Banking Expo UK & Europe last month.
Read MoreGoCardless builds on relationship with cloud accounting software company
Big Red Cloud will integrate GoCardless’ payment capabilities into its platform, including ‘Instant Bank Pay’.
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