As we navigate a challenging economy, it’s well worth exploring how open banking can help businesses save money, improve user experience, and expand to new markets.

Open banking has transformed access to data and instant payments, giving businesses of all sizes the tools to innovate and compete in ways that were previously unimaginable.

Learn how inbestMe use Yapily Data and Yapily Payments and the power of open banking to offer sustainable wealth management.

With Faster Payments, you can now send up to £1 million, an increase from the previous cap of £250,000. The change might not have made much noise, but it’s big news for businesses and consumers. The question is, what impact will it have on open banking payment use cases?

Here, we demystify open banking security and answer the most critical question: is my financial data safe from prying eyes?

Open banking turns 5 next week. To celebrate, let’s take a look back at what’s been achieved… and look forward to what’s to come.

You can’t benefit from raw data unless it’s turned into insight, and unless you’ve got an in-house data science team and machine learning capabilities, there’s not much you can do with it. That’s when you need a data enrichment tool.

Depending on the payment method, merchants have to pay between 2% and 8% of every sale to card, e-wallet and BNPL facilitators — costs that are ultimately paid by consumers in higher prices. Volume is on a mission to change that…through the power of open banking.

In a world where demand regularly outweighs supply, business owners are under ever-increasing pressure to make sure they can own their zone in the supply chain, and weather the current financial storms. Ordo’s on a mission to change this.

The world’s ready for open finance, which could bring about a new regulatory landscape and market opportunities. But just how ready is the UK?