Tagged: clearbank

September 5, 2024 @ 11:02 pm By JD Alois  |  

As was reported earlier, the Payment Systems Regulator (PSR) has decided to review the reimbursement cap on App fraud with the intent to set it at £85,00. This has been widely embraced by the payments sector as previously the reimbursement cap was expected to be… Read More

August 18, 2024 @ 9:54 pm By Omar Faridi  |  

ClearBank has shared embedded banking ROI insights from the Forrester Report. ClearBank has, from its inception, been focused on “providing the infrastructure that enables firms to innovate, differentiate and grow.” A core element of that vision is the Embedded Banking proposition “that offers firms the… Read More

August 9, 2024 @ 9:18 am By JD Alois  |  

Clear Bank has earned a Credit Institution Licence from the European Central Bank under the supervision of De Nederlandsche Bank. The license allows Clear Bank to operate across Europe. ClearBank is authorized in the UK by the Prudential Regulation Authority (PRA) and regulated by the Financial… Read More

July 26, 2024 @ 9:39 am By Omar Faridi  |  

My EU Pay, the financial institution that offers frictionless payments and FX to businesses, has partnered with ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, to provide a range of banking services for their clients. My EU Pay will use ClearBank’s… Read More

July 24, 2024 @ 10:29 am By Omar Faridi  |  

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, today announced it has expanded its partnership with PayDo, an Electronic Money Institution (EMI), offering personalised solutions to businesses and individuals with a suite of financial services. The partnership with ClearBank will allow… Read More

June 13, 2024 @ 8:17 am By Omar Faridi  |  

ClearBank explains that cost-effective access to Faster Payments System (FPS) is offering all the advantages of the UK’s faster payments infrastructure to UK resident customers, without incurring the “costs of being a direct scheme member.” According to ClearBank, there has been significant growth in UK… Read More

May 26, 2024 @ 3:54 pm By Omar Faridi  |  

ClearBank recently explained how it is supporting WealthKernel to enhance the scalability of its service and underpin its clients’ ability to streamline the investment process. Founded in 2015, WealthKernel is a provider of investment infrastructure for companies looking to offer investment services, whether as stand-alone… Read More

May 12, 2024 @ 11:12 pm By Omar Faridi  |  

The growth of Open Banking in the United Kingdom has continued to accelerate. The latest data from Open Banking Limited, the independent entity established by the Competition and Markets Authority (CMA) to oversee its implementation, shows “more than 9 million active users and 14.45m payments… Read More

April 20, 2024 @ 10:34 am By Omar Faridi  |  

Allica Bank says it is on a mission to give established businesses in the UK the banking they deserve. Allica Bank explains that it aims to “offer no-nonsense business banking built especially for firms with 5-250 employees, providing dedicated relationship manager support backed up with… Read More

April 5, 2024 @ 4:17 pm By Omar Faridi  |  

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, today presents the results from its 2023 Annual Report. It shows ClearBank’s first full year of profitability, “with strong growth in income, platform and transaction fees, deposits, and clients.” In a challenging and… Read More

March 28, 2024 @ 8:53 am By Omar Faridi  |  

Clearbank is now a member of the Digital Pound Foundation’s (DPF) community. ClearBank joins the Foundation as “an Associate Member and will take part in the Identity and Privacy and Policy, Legal and Regulatory Working Groups.” As a member, ClearBank will have “the opportunity to… Read More

March 6, 2024 @ 8:31 am By Omar Faridi  |  

Innovate Finance, the independent industry body for UK Fintech, has launched the Unicorn Council for UK Fintech (UCFT), a coalition of UK-based Fintech unicorn founders to accelerate and unlock promised growth in the UK FinTech sector. The Council will be “co-chaired by Janine Hirt, CEO… Read More

March 3, 2024 @ 7:33 pm By Omar Faridi  |  

ClearBank, the enabler of secure accounts, real-time clearing and embedded banking for financial institutions, announced that Emma Hagan has been appointed CEO of ClearBank UK, and will take up the role following regulatory approval. Hagan brings a wealth of banking experience “to the role, having… Read More

February 15, 2024 @ 10:58 am By Omar Faridi  |  

ClearBank Ltd., the enabler of real-time clearing and embedded banking for financial institutions, announces its partnership with digital investment platform Wealthify, which has enabled the company to launch its first Instant Access Savings Account. The partnership allows Wealthify to “provide this innovative savings account to… Read More

February 1, 2024 @ 1:22 am By Omar Faridi  |  

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, announces a new report on the Electronic Money Institution (EMI) market in the UK and Europe. The independent report, commissioned by ClearBank and produced by leading analyst house Celent, finds “that EMIs now… Read More

January 14, 2024 @ 5:30 pm By Omar Faridi  |  

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, announced the appointment of Paul Staples as Group Head of Embedded Banking and Nick Ford as Group Head of Channels and Alliances. Paul has reportedly had “a 20-year career in banking, and building… Read More

December 15, 2023 @ 3:20 pm By Omar Faridi  |  

ClearBank announced that it is appointing former Starling Bank and Barclays executive Megan Cooper as Chief Product Officer. Cooper will reportedly “lead ClearBank’s product management team and develop product strategy.” ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, recently confirmed in… Read More

December 13, 2023 @ 7:11 pm By Omar Faridi  |  

ClearBank is providing LemFi with agency banking services to enhance international payment services for emerging market immigrants in North America and Europe. ClearBank, the enabler of real-time clearing and embedded banking for financial institutions,  announced its partnership with LemFi (formerly known as Lemonade Finance), a… Read More

December 10, 2023 @ 10:37 pm By Omar Faridi  |  

Thistle Initiatives, part of the Thistle Group is pleased to announce its partnership agreement with ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, “as its first trusted client compliance partner. ” As ClearBank’s partner, Thistle Initiatives provides support “on matters including,… Read More

November 9, 2023 @ 6:22 am By Omar Faridi  |  

Shonaid Jemmett-Page reportedly takes the place of David Gagie as Chair of UK Board of Directors ClearBank, the enabler of real-time clearing and embedded banking for financial institutions. The Fintech company confirmed in a blog post that “subject to regulatory approval, it has appointed Shonaid… Read More