UK-based Banking-as-a-Service platform Pannovate has chosen tell.money as its Open Banking gateway partner.
By integrating tell.money’s Open Banking capabilities, which include dedicated interface APIs and Confirmation of Payee (CoP), Pannovate will be able to offer a suite of modular solutions to its clients.
The integration with tell.money is intended to complement Pannovate’s existing 150-plus APIs and its network of 47 fully-integrated partnerships.
Pannovate’s platform supports banks, fintechs, and businesses in launching white-label banking or payment solutions at pace, incorporating features such as account and wallet management, payment processing, and card issuing.
As a result of the partnership, clients of Pannovate will gain access to “enhanced” Open Banking functionality to simplify integration, reduce complexity, and be able to build financial capabilities for their end users, according to a press statement.
“Our selection of tell.money as an Open Banking gateway partner aligns perfectly with our vision of enabling clients to deliver intuitive and scalable financial experiences,” said Ian Staniforth, chief operating officer at Pannovate.
“Together, we’re setting new benchmarks for speed to market, flexibility, and user experience, ensuring businesses to stay ahead in a rapidly evolving financial landscape.”
Tell.money’s chief executive officer David Monty, added: “We’re thrilled to join forces with Pannovate to enhance Open Banking capabilities for their clients.
“This partnership is a testament to our shared dedication to simplifying and accelerating access to next-generation financial services.”
Tell.money has formed several partnerships already this year, with UK-based card scheme sponsor and payment enablement platform Monavate strengthening its CoP security and expanding its Open Banking capabilities via a new partnership with tell.money.
