OneBanx: Why Choose Nuapay? (Case study)
Listen to Andy Willmot, CTO at OneBanx, describing why Nuapay was the perfect fit for providing Open Banking technology. OneBanx did a full market scan looking at all providers, so we didn't just stumble across Nuapay. We examined what we needed out of a provider. Nuapay was one of the few that could do everything,…
read moreHow PSPs and ISVs are Responding to Economic Challenges.
The cost-of-living crisis continues to tighten its grip around the world. In response, consumers are adapting their spending behaviour by tightening purse strings. For merchants, dwindling sales volumes – coupled with sharply rising overheads – threaten profitability. We surveyed over 250 payments professionals working for Payments Service Providers (PSPs) or Independent Software Vendors (ISVs). While…
read moreNuapay Commissioned Research Finds 1 In 4 U.K. Merchants Predict Open Banking Payments Will Become The Most Popular Payment Method In The Next 5 Years
Nuapay, 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 moreNuapay Open Banking Uncovers A 37% Increase In Payment Declines Following SCA Implementation
99% 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 moreAre we entering the next phase of Open Banking? What the latest JROC report means for the future of payments.
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 moreOpen Banking & Direct Debits: The Best of Both Worlds For Insurers
The world of payments is undergoing major change Fast-paced technological progress is disrupting the market rapidly. Consumer expectations are rising as regulators push for increased competition and innovation to meet evolving consumer demands. This is leading to a golden age of choice for businesses, who now have access to the cost savings and customer-centric capabilities…
read moreNuapay’s Authenticated Mandates Wins MPE Award for Open Banking Payment Innovation
Nuapay (EML Payments Limited’s (ASX: EML) Open Banking business) has been recognised for its exceptional Authenticated Mandates solution at the Merchant Payment Ecosystem Awards in Berlin, Germany, where it was awarded the coveted Best Use of Open Banking for Payments accolade. MPE's Best Use of Open Banking award recognises innovative payment solutions, enhancing customer experience…
read moreNuapay Wins Future Digital Platinum Award For Recurring Payment Platform Innovation
We are delighted to announce that Nuapay has been announced as the Platinum award winner for “Recurring Payment Platform Innovation” at the
read moreNuapay Signs Milestone Contract Bringing Open Banking To Local Government And eCommerce Sectors In The UK
Nuapay (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 –…
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