The UK Payments Initiative (UKPI) has announced the launch of “the next generation of open banking payments. The UKPI garnered a long list of both traditional finance firms and Fintechs. UKPI said that open banking payments in the UK had grown to more than 37 million… Read More
Read more in: Fintech, Global | Tagged form3, open banking, payments, transfers, uk, UK Payments Initiative, ukpi, united kingdom
TrueLayer, a European payments network that offers Pay by Bank payments, is reporting that its Chief Operating Officer, Rob Kerrigan, will be joining the newly formed UK Payments Initiative (UKPI). TrueLayer joins 30 other firms in the payments sector, including all major UK retail banks…. Read More
Read more in: Fintech, Global | Tagged open banking, payments, truelayer, uk, UK Payments Initiative, ukpi, united kingdom
The UK Financial Conduct Authority (FCA) has posted an update on Open Banking. Unlike in the US, the UK has outlined prescribed requirements for financial services firms to allow customers to control their data, specifying who may access it, while providing streamlined processes for changing… Read More
Read more in: Fintech, Global, Politics, Legal & Regulation | Tagged fca, open banking, uk, UK Payments Initiative, united kingdom
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