Open Banking and the APIs Driving the New Era of Instant Payments

Open Banking has revolutionised the payments sector in recent years and we’re in an exciting period for FinTech innovation. Set up to facilitate the vision of PSD2 in the UK, the Open Banking organisation encourages the use of APIs to access data from the UK’s main banks to provide innovative financial products and services for consumers and businesses. In this blog, we explore how these APIs are driving a new era of instant payments.

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How to Improve Straight-Through Processing by Cleansing Reference Data

In today’s digital payment age and Open Banking era, consumers and businesses increasingly demand fast, simple and error-free payments. Financial institutions and PSPs know that ‘friction’ is a bad word when it comes to the payment process and they are very keen to improve straight-through processing. So, how can companies reduce payment errors and ensure that their payment process is seamless?

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FinTech Acquisitions: Mark Bradbury Talks to Fintech Finance about Accuity’s Acquisition of Apply Financial

Our Founder and CEO Mark Bradbury, a Fintech Finance video regular, joined Accuity’s David White on the first of Fintech Finance’s “Virtual Arena” video series, sparked by the current lockdown restrictions, to discuss Accuity’s recent acquisition of Apply Financial.

Check out the video and listen to the guests talk to FF’s Ali Paterson about how the FinTech acquisition came about, what the key reasons were for the move and what it means for the industry. Plus, our blog contains the key takeaways from this intriguing interview.

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How Validate Data Manager Helps Businesses to Comply with Payment Services Regulations

In today’s modern payments space and Open Banking era, businesses need to ensure that they remain compliant with new payment services regulations. The new Directive on payment services (PSD2) was introduced to standardise communication between banks and third-party service providers (PISPs and AISP) while harmonising and bolstering the authentication process.

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How our Validate API Integration with Franx Enables Seamless Global Transactions for its Clients

In a fast-evolving Financial Services industry, APIs are becoming the go-to solution for many banks and payment service providers. FinTech companies are developing APIs for various purposes, but with the overall mission of improving the speed, efficiency and accuracy of the payment experience. With Validate API, Apply Financial offers next-gen payment validation solutions which support these improvements, whilst bolstering compliance with global payment regulations.

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