Tagged: clearbank

February 17, 2021 @ 8:22 am By Omar Faridi  |  

Cloud-based clearing bank ClearBank will be offering access to the United Kingdom’s Faster Payments network, allowing payments that would normally take three working days to be settled within minutes. Cloud-powered ClearBank will be teaming up with Manchester Credit Union in order to streamline digital payment… Read More

September 18, 2020 @ 8:14 am By Samantha Hurst  |  

Cloud-based clearing bank ClearBank announced on Thursday it is now offering multi-currency banking accounts through API. The banking group reported that in the fourth quarter of 2020 it will be able to offer more than 30 multi-currency bank accounts, which will provide customers with the… Read More

March 22, 2020 @ 5:50 pm By Omar Faridi  |  

Switzerland-based Temenos (SIX: TEMN), a banking software company, has teamed up with ClearBank, a challenger clearing bank (the UK’s first new clearing bank in over 250 years), in order to help local banks access UK’s payment platforms and real-time payment services in the cloud. Clearbank’s… Read More

August 18, 2019 @ 8:07 am By Cali Haan  |  

Coinbase, a large, US-based cryptocurrency trading platform, experienced a shake up of its UK banking services this week. On Wednesday, an anonymous “rBitcoin” forum participant on Reddit posted that (Banco) Santander was refusing to deposit money to the individuals’ Coinbase UK account, probably because of… Read More

February 22, 2019 @ 5:15 pm By JD Alois  |  

ClearBank, a challenger clearing bank (the UK’s first new clearing bank in more than 250 years), has been awarded a grant from the RBS Alternative Remedies Package of £60 million. The grant is one of three from Pool A of the Capability and Innovation Fund that forms… Read More

January 14, 2019 @ 11:05 am By Samantha Hurst  |  

Tide, a UK-based SME challenger banking, announced on Monday it has formed a new partnership with ClearBank to help transform the UK SME banking market. Tide reported that through its support, ClearBank has applied for a grant from Pool A of the Capability and Innovation Fund… Read More