Articles with tag: modulr

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The Central Bank of Ireland grants Modulr an EMI licence

21 Oct 2020 | Payments General

UK and Ireland-based fintech Modulr has secured an electronic money institution (EMI) licence from the Central Bank of Ireland for its Dublin-based entity, Modulr FS Europe Limited (638002), (hereafter referred to as Modulr Europe).

The Central Bank of Ireland, Modulr, EMI, electronic money institution, licence, fintech, payments

Modulr, My Digital Accounts to improve payments options for UK remote workers

24 Sep 2020 | Online Payments

UK-based cloud-based contractor payroll software provider My Digital Accounts has partnered with the fintech Modulr to provide payment options to the UK’s flexible workforce.

My Digital Accounts, Modulr, digital workforce, fintech, payment options, online payments, gig economy, remote workforce, payroll, contractor website, freelancing, UK, United Kingdom,

Modulr becomes issuing member of Mastercard

09 Sep 2020 | Online Payments

UK-based fintech Modulr has joined Mastercard as a principal issuing member, granting it direct access to the global payments network.

Modulr, Mastercard, issuing partner, online payments, confirmation of payee, fraud prevention, Pay.UK, UK Faster Payments, Real-Time Gross Settlement, RTGS, payment settlement, United Kingdom, Europe

Modulr launches Confirmation of Payee to help fight fraud

02 Sep 2020 | Digital Identity, Security & Online Fraud

UK-based fintech Modulr has launched Confirmation of Payee, a fraud prevention initiative spearheaded by Pay.UK.

Modulr, fintech, fraud prevention, Confirmation of Payee, APP fraud, authorised push payment fraud, RBS Alternative Remedies, United Kingdom, UK,

Three new companies are now using Mastercard Open Banking Protect

03 Jul 2020 | Digital Identity, Security & Online Fraud

Mastercard has announced three financial companies as the latest companies to start using Mastercard Open Banking Protect, safeguarding organisations who manage customer accounts against compromised or unauthorised third-party providers (TPPs).

Mastercard Open Banking Protect, Aion, DiPocket, Modulr, TPPs, Open Banking, fraud prevention, security, TPP certification

Scotland-based Zumo partners with Modulr

29 Jun 2020 | Cryptocurrencies

Crypto wallet and exchange platform Zumo has partnered with digital payments platform Modulr to launch a GBP functionality on the former’s system.

Zumo, Modulr, cryptocurrency, crypto wallet, crypto exchange, digital payments, stablecoin, partnership, Zumo wallet, Bitcoin, BTC, Ether, ETH, fiat-crypto exchange, Liberis, Revolut, Sage

Modulr reveals its Payment Initiation to help merchants accept payments faster

18 Jun 2020 | Online Payments

Modulr has unveiled the launch of its Payment Initiation solution, following the registration with the Financial Conduct Authority as a Payment Initiation Service Provider (PISP). 

Modulr, launch, payments, merchants, PISP, card payments, banks, accounts, fraud, authentication, neobanks, lending

Modulr secures GDP 18.9 mln for alternative payments solution

13 May 2020 | Payments General

Modulr, a UK-based fintech, has secured GDP 18.9 million in funding to develop ‘Payments as a Service’ as an alternative to commercial and wholesale transaction banking.

Modulr, payments as a service, transaction banking, commercial banking, Highland Europe, Frog Capital, payments platform, Capability and Innovation Fund, Faster Payments, Bacs, bank payments schemes, fintech, Visa, alternative banking, lending, Revolut, Sage, Liberis, Salary Finance, Iwoca

EPA publishes report to address the issues from the second Payment Services Directive

18 Mar 2020 | Payments General

The Emerging Payments Association (EPA) has published its first report to address the issues from the second Payment Services Directive (PSD2), according to The Fintech Times.

EPA, PSD2, payments, PSD3, regulation, Modulr, fscom, Moorwand, Okay, Northey Point, Locke Lord, Kemp Little, report

Modulr becomes a principal issuing member of Visa

11 Mar 2020 | Payments General

The fintech Modulr has announced it has joined Visa as a principal issuing member, granting it direct access to the global payments network. 

Modulr, Visa, payments, fintech, issuing

Revolut launches GBP Direct Debits powered by Modulr

28 Nov 2019 | Payments General

Revolut has launched GBP Direct Debits for all EEA customers with local UK account details, the latest feature added to its global financial retail and business platforms.

Revolut, GBP Direct Debits, Modulr, payments

Modulr becomes a direct participant in the Faster Payment Service

07 Nov 2019 | Payments General

Modulr, the Payments as a Service API platform for digital businesses, has became a direct participant in the Faster Payment Service (FPS) on Friday 7th June 2019.

Modulr, Faster Payments, payments, Financial Conduct Authority, PSPs

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

15 Aug 2019 | Payments General

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

Interview with Modulr on how commercial digital accounts can change the face of B2B payments

24 Jun 2019 | Interviews

The Paypers sat down with Myles Stephenson, the Chief Executive of Modulr to chat about Payment-Accounts-as-a-Service and the latest advancements in commercial digital accounts for B2B payments

Myles Stephenson, Modulr, Payment-Accounts-as-a-Service, commercial digital accounts, B2B payments, Digital-first payment, B2B, B2C, commercial accounts, digital accounts, PSD2, open banking, EU, Europe, Payments As a Service platform, SEPA, CHAPS, SME

Modulr raises GBP 14 mln in scale-up capital to fuel growth

20 May 2019 | Payments General

Modulr, the payments-as-a-service API Platform for digital businesses, has announced that it has completed an investment of GBP 14 million.

Modulr, investment, payments, corporate banking, API, expansion

Sage automates salary and supplier payments with Modulr

26 Feb 2019 | Payments General

Sage, a provider of cloud business management solutions, has partnered with UK payments fintech Modulr to simplify the task of managing accounts payable and payroll payments for the UK businesses.

Sage, suppliers, payments, Modulr, cloud business management, UK, accounts payable, payroll payments

Modulr, Paxport team up to provide payment solution for travel industry

14 Feb 2019 | Online Payments

Modulr and Paxport have announced a partnership to provide a new payment solution for online travel agencies (OTAs) and tour operators.

Modulr, Paxport, partnership, payment solution, online travel agencies, OTAs, Pax2Pay, API platform, real-time payments, digital payment