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Found 22 results in 999 milliseconds.

The future of Open Banking and the rise of 'Open Everything'

Voice of the Industry | Online & Mobile Banking | 05 Feb 2024

Marion King, Chair of Open Banking Limited, reflects on the transformative journey of Open Banking, as it empowers consumers & businesses, shaping a future of 'Open Everything'.

Open Banking, Open Finance, report, financial services, data sharing

Tide to open platform to non-account holders

News | Online & Mobile Banking | 24 Nov 2021

UK-based SME bank Tide has announced that it will allow SMEs to connect their existing business accounts, held at other institutions, to its platform using Open Banking. 

SMEs, Open Banking

VRP: The Beginning of a New Payments Revolution

Voice of the Industry | Payments General | 23 Nov 2021

Matt Parish from TrueLayer discusses Variable Recurring Payments (VRP) and hopes for the future when it comes to VRPs and Sweeping

Open Banking, Variable Recurring Payments

untied launches smart invoicing feature

News | E-invoicing, SCF & E-procurement | 17 Nov 2021

UK-based personal tax app untied has launched a new invoicing capability on both its Android and iOS apps, in response to customer demand.

e-invoicing, Open Banking

Starling Bank wins BCR's switching scheme; in line for further funding

News | Online & Mobile Banking | 22 Jul 2021

As part of the BCR’s Incentivised Switching scheme, Starling Bank has been the biggest beneficiary, with almost 17,000 new customers joining the bank.

Starling Bank, funding, online banking, challenger bank

Virgin Money selects Fintech Trade Ledger for new business banking proposition

News | Payments General | 29 Apr 2021

Virgin Money has selected Trade Ledger, which specialises in data-driven lending technology, to continue building its business banking proposition.

partnership, lending, banks, fintech, SMEs

CMA consultation on future governance of Open Banking

News | Online & Mobile Banking | 08 Mar 2021

The UK-based Competition and Markets Authority (CMA) has announced an open consultation on ways to ensure effective oversight and governance of the CMA’s Open Banking remedies.

Open Banking, Competition and Markets Authority, regulation

Cynergy Bank bids for GBP 10 mln from the Banking Competition Remedies

News | Payments General | 31 Aug 2020

Cynergy Bank has applied for a GBP 10 mln grant from Pool B of the Banking Competition Remedies (BCR).

Cynergy Bank, UK, fintech, challenger bank, digital bank, Banking Competition Remedies, banking, payments

Fractal, untied to use Pool E money from BCR Capabilities and Innovation fund

News | Payments General | 19 Aug 2020

SMART (SMEs Manage Accounts Receivables and Tax) solution from Fractal and untied has won GBP 2.5 million Pool E bid for the Banking Competition Remedies (BCR) Capability and Innovation fund.

SMART, accounting, SMEs Manage Accounts Receivables and Tax, Fractal, united, Banking Competition Remedies, banking fintech, SMEs, tax, accounting, mobile app

Banking Competition Remedies offers GBP 5 mln to Onfido

News | Digital Identity, Security & Online Fraud | 19 Aug 2020

The Board of Banking Competition Remedies (BCR) has announced it is awarding Onfido a GBP 5 million grant from the Capability and Innovation Fund Pool.

Onfido, UK, Banking Competition Remedies, financial services, SMEs, BCR, funding, KYB, digital identity, security, biometrics, fraud detection, data anonymisation, fraud prevention

Tide and ClearBank join the race for Pool E fund

News | Payments General | 04 Aug 2020

Fintech Tide has submitted a joint bid with ClearBank as part of Banking Competition Remedies (BCR) USD 130 million Pool E fund.

TIde, ClearBank, Pool E, fintech, Banking Competition Remedies, BCR, Pool A, banking, technology, Open Banking, payments , SMEs

Trade Finance Global submits BCR bid to enhance tech

News | Payments General | 20 Jul 2020

Financing platform Trade Finance Global has submitted a bid as part of Banking Competition Remedies (BCR) GBP 100 million Pool E, according to AltFi.

Trade Finance Global, BCR, financing platform, Banking Competition Remedies, Metro Bank, Nationwide, grants, Starling Bank, Coconut, Equifax

Starling Bank seeks GBP 35 mln in competition funding

News | Payments General | 03 Jul 2020

Starling Bank has planned to apply for grants worth up to GBP 35 million from an EU-backed competition fund that has already awarded it GBP 100 million.

Starling Bank, competition funding, grants, EU-backed competition fund, startup bank, BCR, Banking Competition Remedies, SMEs, small business market, alternative remedies fund, Royal Bank of Scotland, UK, United Kingdom, banking market, EU state aid rules

Funding Xchange teams up with Enterprise Nation

News | Online & Mobile Banking | 29 Jun 2020

Business finance aggregator platform Funding Xchange has partnered with Enterprise Nation to implement innovation in business banking.

Funding Xchange, partnership, Enterprise Nation, BCR, banking, Banking Competition Remedies, UK, Royal Bank of Scotland, technology, Enterprise Nation Finance Portal, digital banks, challenger banks, banks

BCR extends the deadline for The Incentivised Switching Scheme

News | E-invoicing, SCF & E-procurement | 25 Jun 2020

Banking Competition Remedies (BCR) has extended the deadline on its EUR 249 million scheme to switch business current accounts away from RBS subsidiary Williams & Glyn. 

BCR, SME, Banking Competition Remedies, RBS, Williams & Glyn, Incentivised Switching Scheme, ISS, banks, Starling Bank, Metro Bank, Santander

Nationwide abandons move into business banking

News | Online & Mobile Banking | 08 Apr 2020

Nationwide, a UK-based mutual financial institution, has abandoned a move into business banking due to the impact of coronavirus.

Metro Bank, Nationwide, banking, online banking, funding, UK, Banking Competition Remedies, BCR

Interview with Imran Gulamhuseinwala, Trustee of the Open Banking Implementation Entity (OBIE)

Interviews | Online & Mobile Banking | 15 Nov 2019

Imran Gulamhuseinwala, OBIE: In order to make Open Banking a success, we need to look beyond PSD2, which, despite being an amazing piece of legislation, it did not have a background of understanding of Open Banking potential when it was created

Imran Gulamhuseinwala, Open Banking Implementation Entity, OBIE, Open Banking, fintech, innovation, UK, PSD2, standardisation, CMA, consent, GDPR, security, authentication

Starling launches web portal in September 2019

News | Online & Mobile Banking | 04 Sep 2019

UK-based Starling Bank will launch its first web portal to let customers manage their accounts outside of its mobile app.

Starling Bank, digital bank, challenger bank, mobile banking, web portal, product launch, UK, Europe, banking, bank account

Atom Bank, iwoca, Currencycloud, Modulr to split GPB 40 mln in BCR cash

News | Payments General | 15 Aug 2019

Lenders iwoca and Atom Bank are among the recipients of a GBP 40 mln tranche of cash from the Banking Competition Remedies (BCR) fund.

Atom Bank, iwoca, Currencycloud, Modulr, Banking Competition Remedies, Royal Bank of Scotland, UK, banking, financing , lending, payments services, SME, B2B payments

Tide collaborates with ClearBank to transform the UK SME banking market

News | Payments General | 15 Jan 2019

Tide, a UK-based SME challenger banking, has formed a new partnership with ClearBank to help transform the UK SME banking market.

TIde, ClearBank, UK, SME, banking, digital banking