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The announcement will enable customers across 20 European countries to make international money transfers from any payment card or bank account.
The move will enable French and Austrian BUX Zero users, along with German users already taking advantage of the partnership.
The new feature is powered by long-term payment partner Modulr’s direct access to the Bank of England.
Open Banking Expo Magazine caught up with Zac Cohen, Chief Operating Officer, Trulioo on his hopes and dreams around Open Banking and the current direction of travel.
Co-founder and former Chief Operating Officer at Modulr joins the Yapily team.
The Life’s a Pitch winner was announced live on the main stage at Open Banking Expo Digifest last week with the shortlist being made up of three budding fintechs.
The Konsentus Open Banking Hub (OB Hub), a SaaS based solution, runs in a national cloud infrastructure, has end to end functionality and helps create, support and secure vibrant Open Banking economies across the globe.
Early 2021 has been earmarked for the launch.
PayPal Ventures invests £9 million into Modulr, a leading Payments as a Service API platform, to help it accelerate digital businesses’ adoption of embedded payments