Three key things the UK can do to continue leading the way on fintech – innovation, inclusion and partnerships. Article by Jill Docherty, Head of Business Development, UK&I, Visa.
EML and Frollo have made financial history with the announcement of the EML Nuapay product suite.
On April 19th, the Bank of England published a policy for the use of omnibus accounts with the central bank’s real-time gross settlement (RTGS) system. The announcement has been greeted with enthusiasm by providers of virtual currency and blockchain-based payments, which see the new system as clearing a path towards direct participation in central bank settlement.
:Marcus Hughes, director of business development at Bottomline Technologies, told VIXIO that the policy brought a “tremendous clarity which wasn’t there before, and I think this will become a blueprint for other central banks”.
Confirmation of Payee, a new overlay service mandated by the UK’s payments regulator, adds an extra layer of security to ensure payments are sent to intended recipients. CoP now rolls out beyond the UK’s six largest institutions. LHV and The Access Bank UK are early adopters through Bottomline.
Today, PPS, a banking and payment provider, announces that they will be powering a new B2B banking service for SMEs in Finland with accounting company Talenom. The brand new partnership will enable financial services to be integrated into Talenom’s emerging SME solution ‘Accounting Alex’ to modernise banking for SMEs in Finland.
Compliance, requirements, deadlines, oh my! By now you should have a comprehensive overview of what to be aware of as PSP. As such, it is time to wrap up the topic of SCA compliance. In this article, we cover how Okay uses security evaluations to fine-tune our product as well as how we can help you meet SCA PSD2 RTS compliance standards.
Compliance. A scary term for any payment service provider (PSP) in a world of increasingly stricter regulations and requirements. To make it a little less scary, we are opening the PSD2 RTS Compliance door to extract some key points of interest. Read on for the fundamental requirements PSPs should be aware of if issuing cards or e-money payments and why said requirements are necessary.
Ambitious Danish fintech Blocser and top UK card manufacturer allpay.cards are ready to let ‘Butterfly’ take flight.
allpay.cards are providing their unique end-to-end card manufacturing solution to Blocser who are launching an app, with a payment card, to support the ever-growing number of UK gig economy workers.
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