Finexer Open Banking Blogs
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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…
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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 In today’s digital-first economy, outdated B2B payment methods can disrupt cash flow, increase costs, and create security risks, making it harder to…
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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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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…
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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.…
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Bank Payment Delays: Why Cheques Arrive Late and Faster Alternatives
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Still waiting for a cheque to clear? You’re not alone. Many UK businesses continue to experience bank payment delays, even in 2025. A supplier sends an invoice, the finance team processes it, and then… a paper cheque…
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Still Manually Reviewing Docs? Improve KYC Verification Speed with Open Banking
Get Verified with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now If you’re still asking users to upload multiple documents, chances are you’re slowing down your KYC verification speed and losing a lot of them before they ever complete onboarding. According to the Signicat “Battle to Onboard” report…
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Business Central Integration with Live Bank Feeds: A 2025 Guide for UK Finance Teams
Get Instant Bank Data with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Microsoft Dynamics 365 Business Central is a powerful ERP platform, but it is widely adopted by growing UK businesses for its flexibility in managing finance, operations, and reporting. But when it comes to live banking…
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Payroll Processing Timeline: How to Handle Late Submissions Without Missing Payday
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Even with the best systems in place, payroll doesn’t always run on schedule. A late timesheet approval, a bonus added at the last minute, or a banking holiday can all push your payroll submission dangerously close to…
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Customer KYC Process: Reduce Friction in Verification
Get Verified with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now For many clients, the customer KYC process feels intrusive. They’re often unsure why personal documents are being requested, especially when the service they’re signing up for doesn’t seem like it needs them. This disconnect can create hesitation,…
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Open Banking Adoption Hits Record High in 2025!
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Open Banking in the UK just hit a major milestone. As of March 2025, 1 in 5 consumers and small businesses are now active users. This record-high adoption signals more than just growth. It reflects a shift…
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How to Automate Matching and Minimise Suspense Accounts in 2025
Get Real-Time Bank Data with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Suspense account reduction is one of the most overlooked opportunities for improving financial accuracy and closing books faster. For many accounting teams, suspense entries grow month after month due to delays in data availability and…
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![Preventing Duplicate Invoices in Accounts Payable Workflows [2025]](/wp-content/uploads/2025/05/Duplicate-Invoice-detection.jpg "Preventing Duplicate Invoices in Accounts Payable Workflows [2025] 17")
Preventing Duplicate Invoices in Accounts Payable Workflows [2025]
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Duplicate invoices are a silent threat in accounts payable workflows. Whether caused by manual entry errors, inconsistent vendor records, or multiple invoice submission channels, even a single duplicate can lead to unnecessary payments, wasted time, and strained…
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Guide to Real-time AR Ageing Buckets Without Spreadsheets
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Tracking overdue invoices shouldn’t feel like a monthly chore, but for many finance teams, that’s still the reality. If your team relies on spreadsheets to monitor accounts receivable ageing, you already know how much time it takes…
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Open Banking Payroll in 2025: A Practical Guide for UK Finance Teams
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Payroll shouldn’t be this frustrating. Every month, finance teams spend hours jumping between their accounting software and online banking portals just to get employees paid. You export a file, double-check the numbers, upload it to the bank,…
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![Understanding UK Open Banking and EU Frameworks [2025 Guide]](/wp-content/uploads/2025/05/UK-Open-Banking-vs-EU.jpg "Understanding UK Open Banking and EU Frameworks [2025 Guide] 20")
Understanding UK Open Banking and EU Frameworks [2025 Guide]
Open Banking with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now UK open banking payments have surged by 215% in just twelve months. Since January 2018, the UK has led open banking implementation, with Europe typically 6-12 months behind in adoption. This timing gap has created significant practical…
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Cash Flow Automation: Replace Manual Spreadsheet Work with Real-Time Financial Data
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Cash flow automation is changing the way finance teams approach forecasting. While Excel has long been the default tool for managing company finances, it quickly falls short when real-time accuracy and responsiveness are needed. Teams often spend…
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Create an Enforceable Late Fee Policy That Actually Works
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Getting paid on time is not just ideal, it’s essential for maintaining healthy cash flow. Yet, late payments remain a persistent challenge for UK finance teams. In most cases, the issue isn’t the invoice itself, but the…
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Cash Flow Monitoring: How to Build Real-Time Alerts Into Your Ledger
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Most businesses today already use accounting software like Xero, QuickBooks, or NetSuite. These tools are great for tracking revenue, expenses, and generating reports. But when it comes to cash flow monitoring, there’s a major gap in timing.…
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Enterprise Payment Terms in 2025: What Finance Teams Need to Know
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now When dealing with large corporate buyers, delayed payments often become part of the reality. While the invoice may state Net-30 or Net-60, the actual payment can take much longer, sometimes 90 or even 120 days. For finance…
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PayPal vs Apple Pay vs Google Pay: What UK Merchants Should Know Before Choosing
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Choosing the right payment platform is a critical decision for any business aiming to improve customer experience and reduce transaction friction. While digital wallets like Google Pay, Apple Pay, and PayPal dominate the market, each offers different…
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Guide to Real time Cash visibility: From Accrual to Actual Cash
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now For many finance teams, forecasting today’s cash position still feels like trying to hit a moving target. While ERP systems and spreadsheets are reliable for compliance and reporting, they weren’t built to offer Real time Cash visibility.…
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5 Step Guide to Collecting B2B Payments Without Damaging Client Relationships
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now If you’re managing finance in a B2B business, you’ve likely felt the strain of unpaid invoices firsthand. The average UK SME is owed over £21,000 in overdue payments at any given time. Across Europe, over 45% of…
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7 Accounting Challenges You Can Solve with Real-Time Bank Feeds
Get Instant Bank Data with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now When accounting workflows stall, it’s often because of broken or outdated bank feeds, not the software. Firms spend hours chasing client statements, correcting manual entries, or waiting for CSVs to arrive. Even the best platforms…
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Google Pay Not Enough? Top Payment Alternatives UK Businesses
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Google Pay is a convenient option for many customers, especially Android users. It’s quick, built right into their phones, and keeps card details hidden to improve security. At first glance, it feels like an ideal payment method.…
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Top Apple Pay Alternatives for UK Businesses in 2025
Accept Online Payments with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Note: The information in this blog is subject to change Apple Pay is widely used by customers, but for UK merchants, it might not always be the most cost-effective or inclusive option. From transaction fees and…
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Guide to Bank Statement Automation for Accountants
Get real-time bank data with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now For many UK accounting firms, bank statement processing still involves a time-consuming routine. Whether it’s downloading statements from multiple bank portals, converting files into CSV format, or importing data into accounting software, these steps eat…
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How 3 UK Firms Automate Bank Reconciliation: Results Inside
Get Instant Bank Data with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now For many UK accounting firms, Bank reconciliation is still filled with repetitive, manual tasks. Accountants spend hours downloading bank statements, converting them into CSV files, uploading them to accounting software, and then manually matching transactions.…
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Save Hours Each Month: Reduce Month-End Closing Time for UK Accounting Firms
Get Instant Bank Data with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Reducing month-end closing time has become a priority for many UK accounting firms. Whether you’re managing one client or fifty, delays caused by manual data entry, disconnected bank feeds, and late statements continue to slow…
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The Accountant’s Guide to Open Banking Integrations for Multi-Entity Clients
Get Instant Bank Data with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Handling accounts for a single business is challenging. But when your client manages multiple entities such as subsidiaries, branches, or franchises, the complexity increases quickly. Each entity often has its own bank account, ledger, and…
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The Hidden Cost of Spreadsheet-Based Workflows in Accounting Firms
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Spreadsheets have long been part of day-to-day life in accounting firms. They’re familiar, flexible, and easy to set up for a variety of tasks from tracking deadlines to managing client records. But just because something is widely…
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![Open Banking vs Traditional Banking: What Accountants Need to Know [2025]](/wp-content/uploads/2025/05/Open-Banking-vs-traditional.png "Open Banking vs Traditional Banking: What Accountants Need to Know [2025] 36")
Open Banking vs Traditional Banking: What Accountants Need to Know [2025]
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Traditional banks have served as the foundation of financial services for decades. Now innovative alternatives are leaving them behind. Traditional banking still depends on manual processes and isolated data. Open banking has revolutionised how financial information moves…
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MTD for Landlords: Complete Preparation Checklist for 2025
Get MTD Ready with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now If you’re a landlord earning over £50,000 in rental income, Making Tax Digital for landlords is going to change how you manage and report your finances. From April 2026, you’ll need to keep digital records and…
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HMRC MTD Compliance Checks: What Triggers an Investigation and How to Prepare
Get MTD Ready with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now As HMRC continues to expand the Making Tax Digital for VAT initiative, a growing number of VAT registered businesses and accountants are facing stricter MTD compliance expectations. But what many don’t realise is that filing your…
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MTD Self Assessment Tools: True Costs & Savings Explained
Get MTD Ready with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now The April 2026 rollout of Making Tax Digital Self Assessment (MTD ITSA) means accounting firms need to adopt digital tools that fit their workflows and client profiles. But not all tools are priced equally, and not…