Finexer Open Banking Blogs
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Sign in Using Bank: Fast and Secure Onboarding in 2025
Get Verified with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Getting new customers on board in 2025 should be simple, but many businesses struggle with identity verification challenges that slow down the process. Long and complex verification steps frustrate users, leading to high drop-off rates. At the…
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Faster B2B Payments in 2024 with Open Banking APIs
Open Banking APIs are application programming interfaces that allow third-party providers to securely access financial data and services from banks with customer consent What You Will Discover: Introduction Are you frustrated by slow payment processing times or drowning in manual reconciliation tasks and high transaction fees? In today’s fast-paced, digital-first world, relying on outdated B2B…
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PayByBank: Guide to Hassle-Free Payments in 2024
PayByBank is an account-to-account payment method that allows consumers to quickly transfer money directly between bank accounts, ensuring a seamless, secure, and cost-effective transaction experience. Introduction As we move further into 2024, the payments landscape is evolving rapidly, with new technologies and innovations transforming how we handle transactions. Among these, PayByBank is emerging as a…
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A Guide to PSD2 and Open Banking
PSD2 is a European regulation that mandates stronger security and allows third-party access to banking data, fostering innovation and competition in financial services What You Will Discover: Ever wondered why your online payments feel more secure and your banking options more varied lately? That’s no coincidence. The financial world has undergone a quiet revolution, thanks…
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Bank Transfer Modes: CHAPS, BACS, SWIFT, and Faster Payments
Bank transfer modes in the UK include CHAPS, BACS, SWIFT, and Faster Payments, each designed for different types of transactions. These methods vary in speed, cost, and purpose, offering tailored solutions for routine, high-value, and international transfers. What You Will Learn From This Blog 🗸 An overview of the four main types of UK bank…
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Top 5 UK RegTech Companies in 2025
Get Verified with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now The financial industry is facing an unprecedented compliance challenge. Regulatory frameworks are becoming more complex, with constant updates to anti-money laundering (AML), know-your-customer (KYC), and fraud prevention laws. Traditional compliance processes, which rely on manual checks and…
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How the UK Is Tackling Identity Fraud in 2025
Get Verified with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Identity fraud is a growing concern for businesses that rely on digital transactions. Criminals are using fake identities, stolen credentials, and AI-generated deepfakes to bypass traditional security measures. This is costing companies millions each year in fraudulent…
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Stay Ahead in 2025: Top 7 UK RegTech Trends You Must Know
Get Verified with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Financial institutions in the UK face increasing pressure to comply with stricter FCA regulations, AML laws, ESG reporting requirements, and data protection rules. Failure to meet these standards results in fines, legal action, and reputational damage. Many…
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Best Saltedge Alternative in 2025: Finding the Right Open Banking Provider
Over the past decade, open banking has fundamentally transformed the financial industry by enabling secure access to banking data and facilitating seamless payment initiation via APIs. As financial institutions and fintech companies continue to harness these capabilities, many businesses are exploring options beyond traditional providers. One well-known player in this space is Saltedge, an open…
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Top 10 ERP Software in the UK – Which One is Right for Your Business?
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Running a business means juggling a lot—managing finances, tracking inventory, handling payroll, and keeping customers happy. The bigger the business gets, the harder it becomes to keep everything in check. This is where Enterprise Resource Planning (ERP)…
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The Ultimate Guide to Account-to-Account (A2A) Payments in 2025
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Many businesses in the UK are experiencing high fees and delays with traditional payment methods. Customers and merchants alike often find that card transactions come with hidden charges and prolonged settlement times that can disrupt cash flow…
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Guide to Real-time Payments in 2025
Are you tired of waiting days for payments to clear and facing unpredictable cash flow that hinders your business? Traditional payment methods create frustration for both businesses and consumers—leaving you with delayed transactions, increased administrative hassles, and lost opportunities. In this blog, we’ll explain: And here’s why you should listen: a recent study forecasts that…
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Complete Guide to Customer onboarding using Open Banking in 2025
Bringing new customers on board is more challenging than ever for businesses in 2025. With identity verification processes still rooted in outdated methods, many organisations face hurdles that slow down sign-ups and complicate compliance. Lengthy forms, repetitive data entry, and multiple verification steps not only frustrate potential customers but also open the door to errors,…
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Top 5 Payment Methods in the UK
Finding the right way to accept payments isn’t as simple as it used to be. Businesses today face a growing list of challenges when it comes to processing transactions. Payment fees are rising, fraud remains a concern, and customers expect fast, secure, and familiar ways to pay—both online and in-store. A poor payment setup can…
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Top 10 Accounting Software in the UK
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Managing business finances can be time-consuming and stressful. Keeping track of invoices, expenses, and tax obligations while ensuring everything is accurate often feels like a full-time job. Relying on spreadsheets or manual bookkeeping increases the risk of…
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FreeAgent Pricing for UK Startups: Is It Worth the Cost in 2025?
Get Bank Data with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Introduction For startups, managing finances efficiently is crucial. Choosing the right accounting software can make a significant difference. FreeAgent is a popular choice among UK startups, known for its user-friendly interface and comprehensive features. But how…
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Xero Pricing 2025: Guide to Plans, Costs,Integrations for UK Businesses
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Note: Prices are subject to changeThe information about Xero Pricing in this blog was sourced from publicly available materials on 19th Feb 2025. Please note that details may be subject to change. Introduction For businesses, managing finances…
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KYC for Wealth Management in the UK [2025]
Get Verified with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Onboarding is a critical step in wealth management. It’s the first real interaction with clients and sets the foundation for a long-term relationship. Yet, traditional onboarding processes are often plagued with challenges—delays caused by manual document checks,…
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Guide to 5 Top Rated Online ID Verification Software in the UK in 2025
Get Verified with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Picture this: You’re running a business, and every time you need to verify new customers, you start checking their documents manually to avoid any compliance issues or fraud. You want to keep things simple and secure, but…
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Guide to KYC Verification Process through Open banking in 2025
Get Verified with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Imagine onboarding a new customer in just 90 seconds with KYC verification that’s not only faster but also more accurate. In a world where fraud is on the rise, traditional KYC processes often fall short—slowing down onboarding,…
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Onfido: Detailed Pricing Guide for Businesses in 2025
Get Verified with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now The information about Onfido Pricing in this blog was sourced from publicly available materials on 13th Jan 2025. Please note that details may be subject to change. We will guide you through: What is Onfido? Onfido is…
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Now Faster Onboarding using Bank Account Validation in 2025
Get Verified with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Getting new customers signed up should be simple in 2025. But for many businesses, it’s anything but. Long forms, manual document checks, and waiting for approvals can frustrate users before they even get started. Some give up…
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Detailed guide to Client Onboarding Risk Management through Open banking in 2025
Get Verified with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Managing risk during customer onboarding is no easy task. Just when you think you’ve built a reliable process, new threats emerge—identity fraud gets more sophisticated, compliance requirements become stricter, and manual checks slow everything down. If you’re…
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Finicity Open banking Pricing and Alternative for UK Businesses in 2025
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now The information about Finicity Pricing in this blog was sourced from publicly available materials on 7th Jan 2025. Please note that details may be subject to change. When businesses look for financial data aggregation and verification services,…
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Guide to Faster Onboarding for Accounting Firms in 2025
Get Verified with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Onboarding for accounting firms should be a smooth process. A business needs financial services, your firm is ready to help, and everything should move forward seamlessly. But in reality, many firms struggle with lengthy verification steps, manual…
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Payment Gateway vs PSP vs Payment Processor – What’s the Difference?
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Introduction Many businesses experience significant challenges due to hidden fees, complex integrations, and security vulnerabilities in their payment systems. Inefficient payment solutions can lead to delayed transactions, increased operational costs, and compromised customer trust. The need for…
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Top 5 Open Banking Apps to look for Financial management in 2025
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Open banking apps have transformed how people manage their finances by allowing them to connect multiple bank accounts in one place. These apps provide better visibility into spending, automate savings, and offer financial insights—all while keeping data…
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Top 10 Myths about Open banking services in 2025 Debunked
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Introduction The financial industry is shifting towards Open banking services, offering businesses greater access to financial data and payment services. However, misconceptions about open banking continue to create doubt among businesses, fintech startups, and developers. Some assume…
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PSD3: All you need to know in 2025
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Introduction Payment Services Directive 3 (PSD3) is a proposed European Union measure designed to address challenges left by PSD2. It focuses on fraud prevention, clearer data-sharing practices, and safeguarding consumer rights in digital payments. The overall intention…
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Guide to Brite Payments Pricing in 2025
Get Paid with Finexer Connect to 99% of UK Banks and Scale Your Business without Limits Try Now The information about Brite Payments Pricing in this blog was sourced from publicly available materials on 29th Jan 2025. Please note that details may be subject to change. Introduction As businesses continue to adopt faster and more…
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Open Banking API: How it works,Use Cases & Selection Guide
Get Paid with Finexer Connect to 99% of UK Banks and Scale Your Business without Limits Try Now Introduction The way businesses access financial data and process payments is changing. With traditional banking systems, companies often rely on manual processes, card networks, or outdated integrations to access account information or accept payments. But in the…
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Guide to Adyen Pricing for Businesses in 2025
Get Paid with Finexer Connect to 99% of UK Banks and Scale Your Business without Limits Try Now The information about Adyen Pricing in this blog was sourced from publicly available materials on 28th Jan 2025. Please note that details may be subject to change. Choosing the right payment provider is a crucial decision for…
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Selecting the best Open Banking Provider in 2025
Get Paid with Finexer Connect to 99% of UK Banks and Scale Your Business without Limits Try Now Open Banking has seen significant growth in recent years, with some industry estimates showing that over 6 million individuals and small businesses have tried Open Banking services in the UK by late 2024—up from around 1 million…
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Top 12 UK Open banking API Providers you must know in 2025
Get Paid with Finexer Connect to 99% of UK Banks and Scale Your Business without Limits Try Now The information about 12 Open providers in this blog was sourced from publicly available materials on 27th Jan 2025. Please note that details may be subject to change. Open Banking in the UK has seen remarkable growth,…