Nuapay, an EML Payments business, in partnership with Their Perfect Gift, has clinched the Best Initiative in Open Banking at The Card & Payments Awards 2024, held in London on 1 February. As a pioneer in open banking and account-to-account (A2A) payment solutions, Nuapay prides itself on driving forward innovations in the payments landscape. Since…
read moreNuapay, has released new data revealing that 1 in 4 (25%) merchants predict open banking will become the most popular payment method amongst customers in the next 5 years. The survey of payments decision makers highlights the growing confidence in open banking as a payment method and marks a significant step forward towards general adoption…
read more99% of merchants have seen an increase of at least 5% in payment declines (with an average 37% decline) following the introduction of Strong Customer Authentication; a third (35%) saw payments fraud jump since the start of the pandemic. Nuapay (EML Payments Limited’s (ASX: EML) Open Banking business), has revealed that U.K. businesses have seen…
read moreUntil now, Open Banking in the UK has been governed by the Competitions Market Authority (CMA) with help from the OBIE (Open Banking Implementation Entity) which ensured the participation of the CMA9 (the UK’s 9 largest banks). But now it’s time for the next phase of Open Banking, which means there may be a new…
read moreWe are delighted to announce that Nuapay has been announced as the Platinum award winner for “Recurring Payment Platform Innovation” at the
read moreNuapay (EML Payments Limited’s (ASX: EML) Open Banking business) extends its open banking payments services to Pay360. Nuapay's innovative and fully customisable open banking and real-time account-to-account payment capabilities will give Pay360's customers access to cutting-edge payment technologies across all of its gateway connections. Pay360 is a proud market leader for public sector payments –…
read moreNuapay (EML Payments Limited's (ASX: EML) Open Banking business), is now connected to banks in another 20 countries in Europe, becoming one of the first open banking operators to provide complete connectivity across the Eurozone and expand into Eastern Europe and non-Euro Nordics. Nuapay’s connectivity reaches 2,250 banks in 28 countries across Europe, with the…
read moreNuapay has partnered with Praxis Tech (Praxis) to power the delivery of open banking and account-2-account payments to Praxis’ clients across Europe. 90% of fintechs(1) cite enhanced customer experience as key to their competitive advantage, and this integration will enable Praxis' clients to continue to differentiate in a rapidly evolving competitive landscape. Praxis' customers will…
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Nuapay is helping Cocoon deliver a better way for customers to pay for automotive purchases. Its simpler, safer and more secure way for customers to make payments directly from their bank accounts helps automotive dealers address the highly compressed margins in car sales (typically
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