Tagged: vyne

January 29, 2025 @ 7:49 am By Omar Faridi  |  

Vyne, a London-based real-time account-to-account payments platform, has announced that it will be winding down its UK operations effective April 22. This decision comes just months after Vyne was acquired by Tarabut, a Middle Eastern fintech company. According to a statement released recently on Vyne’s… Read More

September 27, 2022 @ 9:00 am By JD Alois  |  

BR-DGE , a merchants payments provider that aims to offer a simple and affordable “payment orchestration platform,” has announced a partnership with Vyne. Vyne uses Open Banking to enable account-to-account payments for online businesses. In a company statement, BR-DGE explained that the partnership with Vyne… Read More

August 18, 2022 @ 2:17 pm By JD Alois  |  

Vyne, an open banking service provider targeting payments, has announced a partnership with Wix (Nasdaq: WIX) – a website creation provider including for e-commerce sites. The partnership is said to give Wix’s UK based merchants access to Vyne’s open banking payments infrastructure, allowing direct payments… Read More

March 25, 2022 @ 9:47 am By JD Alois  |  

  The UK Competition and Markets Authority (CMA) has issued a statement outlining its recommendations regarding the pursuit of Open Banking. The statement follows a consultation that was initiated in the spring of 2021. The CMA said its recommendations will guide a future entity that… Read More

February 17, 2022 @ 11:31 am By JD Alois  |  

Open Banking in the UK has topped 5 million users according to a statement by the Open Banking Implementation Entity (OBIE). The data is provided by the CMA9, the nine banks and building society mandated under the CMA Order to implement open banking in the… Read More

December 14, 2021 @ 1:20 pm By Tony Zerucha  |  

A new report by payments platform Vyne suggests 40 per cent of shoppers are ditching websites with poor payments processes. Retail payments reinvented: how consumer demand is changing explores online payments preferences of 2,002 British consumers surveyed by Vyne following a 43 per cent rise… Read More

September 23, 2021 @ 9:04 am By JD Alois  |  

Vyne, an open banking firm in the payments sector, is claiming the title as the largest seed funding valuation for any UK open banking contender to date. Vyne says it is currently processing millions of pounds worth of transactions each month at a growth rate… Read More

July 29, 2021 @ 9:34 am By JD Alois  |  

Global remittances firm RemitONE and Vyne, a payments platform, have partnered up on money transfers. According to a release, the partnership delivers 100+ remittance clients instant access to Vyne’s payment solution, to send remittances globally. Vyne uses Open Banking to move money in real-time between… Read More