One of the biggest challenges merchants face when returning money to a payer using open banking is payment authorisation, and that’s where Yapily Virtual Accounts come in. Here’s how it works…

PSD2 was introduced five years ago…but there’s been inconsistent application by national regulators and governments across Europe. To ensure open banking thrives, we’ve submitted six baseline requirements for the European Commission to consider when updating regulation.

There are many different types of open banking payments. Each serves a different purpose.

Open banking has changed - and is still changing - the financial landscape in profound ways. It has made it vaster and more varied.

This can make it difficult for businesses exploring it to know where to begin their journey and what to look out for.

Open banking is gaining momentum, yet many enterprises still don’t know how they can benefit from it. Here, we’ve compiled 9 use cases that every large company should know about.

What every CISO and consumer needs to know about data privacy, consent, and fraud in open banking.

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.

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?

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.