What is a multi-currency account?
Multi-currency accounts
What is an open banking provider?
Open banking is a financial services term that refers to the use of open application programming interfaces (APIs) to allow third parties, such as fintech companies and other financial institutions, to access financial data and services provided by traditional banks. This allows for greater competition and innovation in the financial services industry, as well as […]
What are the benefits of open banking for businesses?
Open banking is a financial innovation that enables businesses to access financial data and services through open Application Programming Interfaces (APIs). This allows businesses to have greater control over their finances, make more informed decisions, and ultimately grow their businesses. In this blog post, we will discuss the benefits of open banking for business. Improved […]
Why open banking matters to retail
Why open banking matters to retail Open banking is revolutionising the financial landscape by creating a more open, secure, and efficient system for consumers and businesses alike. It enables customers to share their banking data with third-party providers, which can use this information to develop new and innovative financial products and services. For retailers, open […]
What is SCA and how does open banking help?
SCA, or Strong Customer Authentication, is a security measure that has been implemented in the European Union to help protect consumers from fraud when making online payments. SCA requires two or more factors of authentication to verify the identity of the customer when making a payment, such as a password, fingerprint or facial recognition, and […]
