Finexer Open Banking Blogs

  • PayByBank: Get Paid Faster in 2025

    PayByBank: Get Paid Faster in 2025

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now 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. In 2025, digital payment methods continue to advance rapidly, transforming the way…

  • Faster B2B Payments in 2025 with Open Banking APIs

    Faster B2B Payments in 2025 with Open Banking APIs

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Is your business still struggling with slow payment processing, manual reconciliation, and high transaction fees? In today’s digital-first economy, outdated B2B payment methods can disrupt cash flow, increase costs, and create security risks, making it harder to…

  • Sign in Using Bank: Fast and Secure Onboarding in 2025

    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…

  • A Guide to PSD2 and Open Banking

    A Guide to PSD2 and Open Banking

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now 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…

  • Guide to UK Bank Transfer Modes: CHAPS, BACS, SWIFT, and Faster Payments

    Guide to UK Bank Transfer Modes: CHAPS, BACS, SWIFT, and Faster Payments

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now 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.…

  • Making Tax Digital for VAT: Implementation Guide for UK Businesses

    Making Tax Digital for VAT: Implementation Guide for UK Businesses

    Get Instant Bank Data with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Making Tax Digital for VAT (MTD for VAT) is HMRC’s mandatory system for keeping VAT records digitally and submitting VAT returns through approved software. Since April 2019, most VAT-registered businesses with a taxable turnover above…

  • Detailed Guide:Making Tax digital for Income Tax

    Detailed Guide:Making Tax digital for Income Tax

    Get Instant Bank Data with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Making Tax Digital for Income Tax (MTD ITSA) is HMRC’s new reporting system for sole traders and landlords. It replaces the annual Self Assessment return with quarterly digital updates submitted through approved software. Beginning 6…

  • Top 5 Refund Management Platforms Built for High-Volume Retailers

    Top 5 Refund Management Platforms Built for High-Volume Retailers

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Handling refunds at scale isn’t just a back-office task — for high-volume retailers, it can make or break the customer experience. In a world where return rates can reach up to 30% in ecommerce, having a clear,…

  • Retail Payment Methods in 2025: Why More Businesses Prefer Direct Bank Transfers

    Retail Payment Methods in 2025: Why More Businesses Prefer Direct Bank Transfers

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now For decades, card payments have been the go-to payment method for retailers — simple, familiar, and widely accepted. But over the past few years, new methods have emerged that give retailers more control over how they get…

  • SME Transaction Enrichment API for UK Platforms: Who Leads?

    SME Transaction Enrichment API for UK Platforms: Who Leads?

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Small businesses today rely on accurate, real-time financial insights, not just raw data. From accounting platforms to cash flow tools, every touchpoint needs context-rich transaction data to stay compliant, reduce admin, and serve clients better. But here’s…

  • KYB UK Guide: Best Tools for Quick Business Verification in 2025

    KYB UK Guide: Best Tools for Quick Business Verification in 2025

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Financial crime drains £290 billion from the UK economy each year, while global losses have reached £1.8 trillion. KYB UK regulations have grown stricter, especially after high-risk money laundering countries increased by 116% between 2019-2021. Businesses must…

  • Guide to 6 Best UK Open Banking Startups in 2025

    Guide to 6 Best UK Open Banking Startups in 2025

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now The UK has become a global leader in Open Banking, and in 2025, it’s clear that open banking startups are driving this momentum. From account verification to real-time payments, these platforms are reshaping how businesses connect to…

  • Case Study: 6 Expense Management Platforms That Integrate with Open Banking [2025]

    Case Study: 6 Expense Management Platforms That Integrate with Open Banking [2025]

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Managing business expenses shouldn’t feel like a never-ending paper trail. But for most finance teams, that’s the reality — sifting through receipts, matching transactions manually, and waiting days to verify what’s already been spent. And as your…

  • Guide:How to Automate Supplier Payouts Using Open Banking APIs

    Guide:How to Automate Supplier Payouts Using Open Banking APIs

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now If you’re still managing supplier payouts by exporting CSV files, logging into your bank portal, or uploading batches to BACS, you’re not alone — but the cracks are starting to show. Manual payment processes are time-consuming, error-prone,…

  • Looking Beyond Yaspa? 5 Open Banking Platforms for UK Businesses

    Looking Beyond Yaspa? 5 Open Banking Platforms for UK Businesses

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Yaspa is a UK-based Open Banking platform offering instant payments, account verification, and client onboarding tools. It’s used by businesses in sectors like iGaming, utilities, and eCommerce that want to reduce reliance on cards and streamline how…

  • Top Noda Alternatives for UK Open Banking [2025]

    Top Noda Alternatives for UK Open Banking [2025]

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Choosing an Open Banking payment provider involves more than just comparing pricing and bank coverage. As businesses grow, factors like ease of integration, local bank support, transparent costs, and custom payment workflows become increasingly critical. If your…

  • Detailed Guide to Best Payment Initiation API for Payroll Tech Integration

    Detailed Guide to Best Payment Initiation API for Payroll Tech Integration

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now If you’re building or scaling a payroll platform, you already know that paying people on time isn’t optional — it’s fundamental. Yet many HR and payroll systems still rely on outdated methods: uploading BACS files manually, triggering…

  • Top 6 Payroll Platforms That Use Open Banking

    Top 6 Payroll Platforms That Use Open Banking

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now For many UK businesses, running payroll still feels unnecessarily slow and manual. Between downloading BACS files, logging into multiple bank portals, and manually reconciling payments, payroll teams spend hours on what should be instant, automated processes. But…

  • Banked Alternatives in the UK: What to Choose and Why [2025 Guide]

    Banked Alternatives in the UK: What to Choose and Why [2025 Guide]

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now If you’re exploring real-time bank payments, you’ve likely come across Banked — a UK-based provider known for its fast A2A checkout flows and card-free infrastructure. But while Banked is a strong option, it’s not always the best…

  • Faster Refunds & Withdrawals for Retailers in 2025: What to Know

    Faster Refunds & Withdrawals for Retailers in 2025: What to Know

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now For most retailers, getting paid is the priority. But what happens when the money has to go the other way? Refunds and withdrawals aren’t just a backend task—they directly impact customer satisfaction, operational efficiency, and how trustworthy…

  • Best Payment Platforms for UK Accounting Firms [2025]

    Best Payment Platforms for UK Accounting Firms [2025]

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now For many accounting firms, managing payments is still tied to outdated processes — whether it’s uploading BACS files, handling delayed payouts, or chasing clients for bank details. But as the UK shifts further toward digital finance, Open…

  • Top Open Banking Platforms for UK Vendor Payments [2025]

    Top Open Banking Platforms for UK Vendor Payments [2025]

    For many UK-based vendors and platforms, disbursing payments to suppliers is still a time-consuming, error-prone task. Whether you’re managing weekly invoices or daily contractor payouts, the manual work involved — from uploading spreadsheets to chasing payment statuses — adds up fast. That’s where modern banking integration solutions come in. Thanks to Open Banking, you can…

  • Detailed Guide: 6 Best Payment collection platforms for Law Firms [2025 Guide]

    Detailed Guide: 6 Best Payment collection platforms for Law Firms [2025 Guide]

    Collect Payments with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now For most law firms, getting paid still involves chasing invoices, handling card terminals, or waiting days for bank transfers to clear. These outdated methods often result in unnecessary admin, missed follow-ups, compliance risk, and slower cash flow.…

  • Top 6 Payment Initiation Platforms Built for UK Accounting Firms [2025]

    Top 6 Payment Initiation Platforms Built for UK Accounting Firms [2025]

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now For most accounting teams, managing payments is still more painful than it should be. Whether it’s issuing refunds, sending payroll, or handling client disbursements, traditional payment methods often mean delays, high fees, and time-consuming reconciliation. This becomes…

  • 5 Best Client Verification Tools Every Law Firm Should Know [2025]

    5 Best Client Verification Tools Every Law Firm Should Know [2025]

    Get Verified with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Verifying a client’s identity isn’t just good practice anymore, it’s a legal obligation. Whether you’re onboarding a new client or conducting due diligence, law firms are expected to follow strict Know Your Customer (KYC) and Anti-Money Laundering…

  • Trustly Pricing [2025]: Budget Guide for UK Businesses

    Trustly Pricing [2025]: Budget Guide for UK Businesses

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now For UK businesses exploring open banking payments, understanding what you’ll pay isn’t always straightforward. While Trustly is a well-known provider across Europe, its pricing details aren’t easy to find. Many platforms list custom fees only after onboarding…

  • Open Banking Pricing: UK Buyer’s Guide [2025 Edition]

    Open Banking Pricing: UK Buyer’s Guide [2025 Edition]

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now If you’re a UK business exploring Open Banking, one of the first questions you’ll run into is: “How much is this actually going to cost me?” It’s not always easy to find the answer. Many Open Banking…

  • TrueLayer Alternatives for UK Open Banking in 2025

    TrueLayer Alternatives for UK Open Banking in 2025

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Choosing an open banking API in 2025 isn’t just about brand recognition. While TrueLayer has been a familiar name in the UK fintech scene, it doesn’t always offer the flexibility, pricing, or integration style that every business…

  • Top 7 Open Banking Use Cases for UK Accounting Firms

    Top 7 Open Banking Use Cases for UK Accounting Firms

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now For most UK accounting firms, a huge chunk of the workweek still goes into things that should have been solved years ago: chasing clients for missing bank statements, manually tagging transactions, or cleaning up reconciliation errors at…

  • Switching from Traditional PSPs to Open Banking in 2025

    Switching from Traditional PSPs to Open Banking in 2025

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now If you’re tired of paying high card fees, waiting days for payouts, or dealing with messy chargebacks, you’re not alone. Traditional Payment Service Providers (PSPs) like Stripe, PayPal, and Worldpay have helped many businesses get started, but…

  • 8 Essential Compliance Tools in 2025 for Staying Audit-Ready

    8 Essential Compliance Tools in 2025 for Staying Audit-Ready

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now In today’s regulatory environment, compliance is not just something you check at the end of the year. It needs to be built into how your firm works every day. Whether it’s client onboarding, AML checks, recordkeeping, or…

  • 5 Leading Financial Data Aggregators for UK Accounting Firms in 2025

    5 Leading Financial Data Aggregators for UK Accounting Firms in 2025

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Modern accounting is built on accurate, timely information. For UK accounting firms, that increasingly means having access to up-to-date bank transaction data. Whether it’s reconciling accounts, managing cash flow, or preparing client reports, real-time insights from bank…

  • 7 Best Accounting Workflow Software in 2025 for Growth

    7 Best Accounting Workflow Software in 2025 for Growth

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Keeping track of recurring deadlines, team responsibilities, and client deliverables is one of the biggest challenges accounting firms face, especially as they grow. Spreadsheets, sticky notes, and email threads can only take you so far. Eventually, things…

  • Yaspa or Zimpler? A Practical Guide for UK Companies in 2025

    Yaspa or Zimpler? A Practical Guide for UK Companies in 2025

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Choosing a payment provider isn’t just about speed, it’s about how well that provider fits into the way your business works. Yaspa and Zimpler are both recognised players in the open banking space, but they focus on…

  • Yaspa Pricing Guide for UK Businesses in 2025

    Yaspa Pricing Guide for UK Businesses in 2025

    Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Managing payments shouldn’t be this difficult, but for many UK businesses, it is. Traditional payment providers often come with unclear pricing, card fees that add up fast, and settlement times that slow down your cash flow. Even…