Finexer Open Banking Blogs
![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] 1")
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
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. […]
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 […]
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 […]
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. […]
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 […]
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 […]
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. […]
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 […]
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 […]
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 […]
![Open Banking vs Traditional Banking: What Accountants Need to Know [2025]](/wp-content/uploads/2025/05/Open-banking-vs-traditional-1-png.webp "Open Banking vs Traditional Banking: What Accountants Need to Know [2025] 17")
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 […]
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 […]
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 […]
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 […]
When Is an MTD Exemption Allowed? Rules, Process & Examples
Get MTD Ready with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now While Making Tax Digital (MTD) is now mandatory for most VAT-registered businesses in the UK, not every business or individual has to comply. HMRC recognises that for some, keeping digital records or submitting VAT returns through […]
MTD record keeping: What Counts as Compliant and What Doesn’t
Easy Record Keeping with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now If you’re VAT-registered and filing returns in the UK, MTD record keeping isn’t just an admin task; it’s a legal requirement. Under Making Tax Digital (MTD) rules, HMRC expects businesses and agents to store VAT data […]
5 Step Guide on Choosing MTD Software for Accountants
Get Instant Bank Data with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Selecting the right software for Making Tax Digital is a critical decision for accountants. The wrong choice can lead to compliance risks, wasted time, and frustrated clients, while the right one can make VAT submissions […]
How to Stay MTD Compliant Using Excel: Bridging Software & Digital Links Explained
Get Live Bank Feeds Instantly with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now If you are still managing your VAT returns through Excel spreadsheets, you are not alone. Thousands of UK businesses prefer using Excel due to its flexibility and familiarity. However, with HMRC’s Making Tax Digital […]
What is Making Tax Digital? Guide for UK Business Owners
Get Instant Bank Data with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Are you struggling with Making Tax Digital requirements that seem complex and overwhelming? You’re certainly not alone. HMRC reports that 40% of UK businesses still find MTD compliance challenging, despite the initiative being introduced back […]
How to Create a Strong Xero Alternative for UK Accounting Firms
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now In 2025, Xero remains one of the leading accounting software providers for small and medium-sized businesses in the UK. Its growth has been supported by a combination of accounting features, real-time reporting tools, and a wide network […]
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 […]
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?
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
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 […]