Until 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 moreThe research found 54% of UK consumers would be willing to use Open Banking as an alternative way to pay. This rises to 64% of consumers who use mobile banking and can benefit from the most convenient Open Banking payer experience. Unsurprisingly, the younger generations are leading the demand for Open Banking solutions, with 75% of consumers under 34 willing to use Open Banking to make a payment.
read morePayments should be simple – not a pain point for customers. At Nuapay, we work hand in hand with you to customise and embed Nuapay into your customer journey, making payments as slick and seamless as possible for your customers. Whether that be one-off or recurring payments, we give you the power to use your creative freedom to personalise the payment steps and payment interface to match your business’ desired customer experience and branding.
read moreNuapay is excited to announce a collaboration with Learn more about Nuapay here.
read moreThe benefits of Open Banking as a payment (pay-in) mechanism have been well spoken about – it provides merchants with a fast, secure and cost-effective option to accept funds from customers. Less well spoken is the potential for Open Banking to power outgoing payments – whether that be simple refunds to customers (e.g. in eCommerce),…
read moreNuapay is delighted to have attended the annual Sibos conference and exhibition in London. This year, the theme of the conference was “Thriving in a hyper connected world.” It demonstrated a specific focus on the capabilities of financial service providers to sustain an agile business strategy in this advancing world of tech payments. Much of…
read moreOpen Banking in the UK appears to have been slow to take off since it launched in January 2018. However, the pace of adoption is increasing month-on-month, with significant numbers of transactions now being processed every day. UK banks have been forced into adopting Open Banking by the regulators in a move aimed at increasing…
read moreNuapay, a Sentenial service, is delighted to announce that it will be teaming up with the Learn more about Nuapay.
read moreIt is undeniable that Open Banking has been slow to take off since the launch of PSD2 a year and a half ago; yet we are starting to witness encouraging signs that the initiative is gaining momentum. The first edition of our
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