Articles with tag like: Modulr

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Revolut rolls out Confirmation of Payee in the UK

News | Digital Identity, Security & Online Fraud | 12 Jan 2021

Revolut has announced the launch of Confirmation of Payee for its more than three million UK-based retail customers, according to the official press release.

Revolut, UK, Confirmation of Payee, Pay.UK, retail customers, anti-fraud, payments, bank, PSP, payer, APP fraud, Modulr

EverUp launches alternative to traditional savings accounts, powered by Modulr

News | Payments General | 10 Dec 2020

The prize-linked savings app EverUp has chosen the Payments as a Service fintech Modulr to power its payments infrastructure, including access to Faster Payments.  

EverUp, Modulr, payments, savings

Modulr receives investment from PayPal Ventures

News | Payments General | 18 Nov 2020

Modulr, a Payments as a Service API platform, has secured a GBP 9 million investment from PayPal Ventures to develop additional products, grow its team and expand its customer base.

Modulr, investment, PayPal Ventures, payments

Tymit, Modulr partner for real-time payments

News | Online & Mobile Banking | 10 Nov 2020

Mobile-enabled instalment credit card Tymit has partnered with fintech Modulr to bring real-time payments to Tymit cardholders, according to the official press release

Tymit, Modulr, real-time payments, fintech , partnership, credit card, instalment, payments infrastructure, revolving balance, Bank of England, API, Faster Payments

The Central Bank of Ireland grants Modulr an EMI licence

News | Payments General | 21 Oct 2020

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

News | Online Payments | 24 Sep 2020

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

News | Online Payments | 09 Sep 2020

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

News | Digital Identity, Security & Online Fraud | 02 Sep 2020

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

News | Digital Identity, Security & Online Fraud | 03 Jul 2020

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

News | Cryptocurrencies | 29 Jun 2020

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

News | Online Payments | 18 Jun 2020

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

News | Payments General | 13 May 2020

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

News | Payments General | 18 Mar 2020

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

News | Payments General | 11 Mar 2020

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

News | Payments General | 28 Nov 2019

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

News | Payments General | 07 Nov 2019

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

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

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

Interviews | Interviews | 24 Jun 2019

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

News | Payments General | 20 May 2019

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

News | Payments General | 26 Feb 2019

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