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Tag: Open Banking payments

Understanding consumer protection and commercial VRPs

The emergence of Variable Recurring Payments (VRPs) marks a significant milestone in the realm of open banking payments. These innovations are not only elevating...

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Pay by Bank: Streamlining Recurring Bill Payments

Despite card payments now out-ranking ACH and checks as the payment method of choice for bills, 37% of American billpayers still use them regularly....

The VRP Key to Open Banking

Like many others, UK Payment Service Providers (PSPs) have felt the squeeze of the challenging economy. In the past six months, its effects have...

Top Payment Trends for 2024 and Beyond (Featuring Expert Predictions)

Updated in October 2023.  In the dynamic world of eCommerce, stagnation is not an option. As digital storefronts become the norm and consumer preferences...

Noda turns to BVNK for stablecoin payments

Open banking payments provider Noda has tapped crypto-to-fiat banking platform BVNK to meet surging demand for stablecoin payments from customers across Europe. ...

UK Government to explore the use of open banking payments

The UK Government is to explore the use of open banking driven digital payments for public services. In a blog post, Amanda...

Exploring the Potential of Open Banking Payments: UK Government’s Initiative

Open banking has emerged as a revolutionary concept in the financial industry, promising to transform the way we make payments and manage our finances....

Exploring the Outlook for Open Banking Payments in the Future

Exploring the Outlook for Open Banking Payments in the FutureOpen banking has emerged as a transformative force in the financial industry, revolutionizing the way...

Open banking payments startup Atoa raises $6.5m

Atoa Payments, a UK startup using open banking to offer merchants an alternative to debit card payments, has raised $6.5 million in seed...

Tazapay Offers Open Banking Payments in Europe Through Volt Tie-up

Singapore-based cross-border payments firm Tazapay has partnered with real-time payments gateway Volt to add open banking to its growing stack of payment offerings.This is...

Why clamping down on APP fraud is a delicate balancing act for the PSR (Robert Sullivan)

On 25 November 2022, the Payment Systems Regulator (PSR) closed its consultation on new proposals to help address Authorised Push Payment (APP) scams.  Before it...

Merchants battle against the costs of cashless

The march towards a cashless future is well underway.  The British Retail Consortium (BRC) found in its 2022 payments survey that card transactions within...

UK updates on new Open Banking entity

UK authorities have published an update on plans for a successor to the Open Banking Implementation Entity (OBIE). Following an order by...

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