Tagged: uk faster payments

July 10, 2023 @ 3:32 pm By Omar Faridi  |  

SumUp, the financial partner for over 4 million businesses worldwide, has selected Form3, the cloud-native account-to-account payments platform, in order “to provide direct access into the UK Faster Payments Scheme (FPS) and Bacs Scheme to further enhance its business account offering for UK customers.” SumUp… Read More

May 13, 2023 @ 3:48 pm By Omar Faridi  |  

Underpinning its ambitious plans to build a super-correspondent bank for global B2B payments, Banking Circle has joined the UK Faster Payments Service (FPS) as a Direct Participant for GBP. This latest initiative means clients now “have access to real-time direct clearing and settlement for both… Read More

October 12, 2022 @ 10:19 am By Omar Faridi  |  

Railsr, the embedded finance experience platform, has chosen SurePay as its UK Faster Payments (UKFP) Confirmation of Payee (CoP) vendor in order to assist its clients with combatting fraudulent activities and misdirected payments carried out in the United Kingdom. With SurePay, Railsr may now take… Read More

October 29, 2021 @ 7:50 am By Omar Faridi  |  

LHV UK, the financial and payment services platform for Fintechs, is forming a partnership with Tuum, the modular Core banking platform providing back-end systems which aim to support transactional retail and business banking. Through the partnership, Tuum will aim to provide a single API-powered payments… Read More