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Found 31 results in 984 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

Driving Open Banking adoption – the journey of VRPs

Interviews | Online & Mobile Banking | 05 Jan 2024

Raffaele Brusco of NatWest tackles VRPs in 2023, how the bank’s solutions moved past regulatory recommendations, and what must be done to bring VRPs into the mainstream.

Variable Recurring Payments, Open Banking, Open Banking payments

UK Open Banking payments double in volume

News | Online & Mobile Banking | 25 Oct 2023

Recent data from Open Banking Limited (OBL) has shown that the volume of Open Banking payments in the UK significantly increased in the first half of 2023. 

Open Banking, report, banking, retail banking, SMEs

UK reaches 7 mln Open Banking users

News | Online & Mobile Banking | 21 Feb 2023

Open Banking Limited has announced that the number of consumers and SMEs actively using Open Banking powered services in the UK has reached 7 million.

Open Banking, SMEs, banks, regulation, report

Moneyhub`s insights on how to leverage data to win in the attention economy

Voice of the Industry | Online & Mobile Banking | 08 Feb 2023

Vaughan Jenkins, Business Development Director at Moneyhub, shares key insights on how to leverage data to win trust and relevance in the attention economy.


Open Banking, Open Finance, financial data, financial services, data sharing, personal finance management, regulation

OBIE marks the completion of CMA Open Banking Roadmap

News | Online & Mobile Banking | 13 Jan 2023

The Open Banking Implementation Entity has marked the completion of Competition and Markets Authority (CMA) Open Banking Roadmap on its fifth anniversary.

Open Banking, fintech, SMEs, regulation, partnership

API monetisation – the NatWest perspective

Interviews | Online & Mobile Banking | 18 Nov 2022

During Sibos 2022, The Paypers sat with Dan Globerson, Head of Open Banking at NatWest, to find out more about API monetisation and commercialisation, the impact of PSD3, and NatWest’s future plans

Open Banking, API, Open Finance, PSD2, PSD3

Token, NatWest Group extend VRP to non-sweeping services

News | Online & Mobile Banking | 21 Oct 2022

UK-based Open Banking payments platform Token has announced it will enter into an agreement with NatWest Group to offer Variable Recurring Payments (VRP) for non-sweeping services.

Variable Recurring Payments, Token, Open Banking, payment methods, API

What are variable recurring payments and how could they grow from here

Interviews | Online Payments | 06 Oct 2022

In line with a mandate from the Competition and Markets Authority (CMA), the UK’s nine largest banks have begun rolling out variable recurring payments (VRP) APIs. TrueLayer’s Matt Parish explains why VRP makes recurring payments less cumbersome and how they could grow from here.

ecommerce, payment methods, API, Variable Recurring Payments, SCA, recurring payments, financial services

Variable Recurring Payments available to HSBC customers

News | Online & Mobile Banking | 25 Aug 2022

HSBC has announced that sweeping Variable Recurring Payments (VRP) is available to all Open Banking participants for the HSBC Personal and HSBC Business.

banks, Variable Recurring Payments, product launch, Open Banking, credit card

Ozone API launches 'beyond compliance' Open Banking solutions

News | Online & Mobile Banking | 28 Apr 2022

Ozone API has launched a suite of solutions that enable banks to move beyond compliance and convert their APIs into more strategic and commercial channels. 

Ozone API, Open Banking, Open Finance, Variable Recurring Payments, Confirmation of Payee

Open Banking passes the 5 million users milestone in the UK

News | Online & Mobile Banking | 17 Feb 2022

OBIE has announced that there are now more than 5 million active users of Open Banking services in the UK based on data provided during January 2022 by the CMA9.

Open Banking, Open Banking payments

Taking stock of Open Banking Expo UK

Voice of the Industry | Online & Mobile Banking | 17 Dec 2021

Ellie Duncan, head of content at Open Banking Expo, summarises the key messages shared at Open Banking Expo UK Confex in London on 4 November 2021

Open Banking, banks, fintech

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

CMA issues new July 2022 deadline for VRPs on OBIE's recommendation

News | Online & Mobile Banking | 22 Nov 2021

The CMA has approved a revised deadline of July 2022 for the implementation of variable recurring payments (VRPs) for sweeping services by the largest UK current account providers, on the recommendation of the OBIE.

Open Banking, Variable Recurring Payments

Why Open Banking payments have reached a tipping point

Voice of the Industry | Online & Mobile Banking | 09 Sep 2021

Tim Corke, Chief Customer and Strategy Officer at Token, reveals the use cases driving Open Banking payments’ apparent unstoppable momentum in the UK and Europe

Token, Open Banking, account-to-account payment, API

CMA9 to unveil plans for Open Banking rollout

News | E-invoicing, SCF & E-procurement | 02 Mar 2021

UK-based biggest lenders have planned to unveil proposals for a not-for-profit company to oversee the industry's attempt to support competition through Open Banking.

Open Banking, Open Finance, Open Data Economy, financial services

Open Banking - are you doing enough to protect your customers?

Voice of the Industry | Digital Identity, Security & Online Fraud | 12 Nov 2020

Mike Woods, the CEO of Konsentus, addresses the issue of protecting customer data in the context of Open Banking, providing valuable insight into how PSD2 helps TPPs thrive and gain trust in this environment

Konsentus, PSD2, Europe, TPP, UK, EEA, Open Banking, API, ecosystem

Open Banking reaches 2 mln UK-based users

News | Online & Mobile Banking | 28 Sep 2020

The Open Banking Implementation Entity (OBIE) has reported that after six months since the 1 million user milestone has been reached, the UK user base increased to 2 million.

Open Banking, UK, United Kingdom, Open Banking Implementation Entity, OBIE, disruption, COVID-19, fintech, ecosystem, lockdown, online banking apps, open banking adoption, CMA9, banks, Starling Bank, Monzo, money management apps, account aggregation, use cases, NatWest, Nutmeg, bank transfers, Open Banking payments, sort codes, account numbers

UK Finance and Accenture release report, proposing next steps for open banking

News | Online & Mobile Banking | 19 Jun 2020

UK Finance, in association with Accenture, has set a future model for how the UK’s Open Banking can progress once the current implementation phase ends early 2021.

UK, UK Finance, Open Banking, Accenture, Competition and Markets Authority, CMA, banking, CMA9, banks, Payments UK