Category: Open Banking

  • Everything You Need to Know About UK Bank Payments

    Everything You Need to Know About UK Bank Payments

    The UK has developed its own unique local payment schemes, separate from the SEPA system, to support bank transactions. Traditional schemes such as Bacs manage a large share of the payment volume. Concurrently, the UK is leading the way in creating a real-time payment system, enhancing its core infrastructure. For more detailed insights What You’ll…

  • 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.…

  • The Role of Open Banking in Modern Credit Scoring

    The Role of Open Banking in Modern Credit Scoring

    Open banking is a financial services model that allows third-party developers to access financial data in traditional banking systems through application programming interfaces (APIs). This model completely changes the way financial data is shared and accessed. What You Will Learn From This Blog ✓ Understanding Credit Scoring ✓Traditional vs. Open Banking Factors ✓ Impact of Open…

  • Top 6 iGaming Companies in the UK [2025]: A Journey from Start-up to Success

    Top 6 iGaming Companies in the UK [2025]: A Journey from Start-up to Success

    iGaming is any kind of online betting that wagers on the future outcome of a game or event. Sports betting, online casinos, poker, and eSports all fall under the iGaming definition. Introduction In the rapidly expanding digital world, the domain of iGaming has firmly positioned itself as a cornerstone of innovative entertainment and economic growth, especially…

  • Unlocking Sustainability in Open Banking with API Integration

    Unlocking Sustainability in Open Banking with API Integration

    Background and Evolution of Open Banking Sustainable Open Banking is revolutionising the financial sector by integrating API technology to promote eco-friendly practices. In an era where the fusion of technology and finance has redefined traditional banking paradigms, API integration has emerged as a transformative force in the open banking sector. The seamless linking and interfacing…

  • Navigating Responsible Lending in the UK through Data-Driven Approaches

    Navigating Responsible Lending in the UK through Data-Driven Approaches

    Introduction In the current financial climate of the UK, responsible lending has never been more crucial. With a landscape characterised by dynamic regulatory environments and evolving customer needs, the shift towards data-driven approaches stands at the forefront of innovation in the lending sector. Data-driven insights, grounded in the precise and real-time analysis of borrowers’ financial…