Finexer Open Banking Blogs
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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Banks and Scale Your Business without Limits Try Now When accounting workflows stall, it’s often because of broken or outdated bank feeds, not the software.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] 9")
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…
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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…
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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…
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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…
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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…
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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…
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Guide to 7 Best MTD Compliant Software for Different Client Types
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now If you’re running a UK business that handles VAT returns or tax filings, you’re now facing a crucial deadline. By January 2025, every VAT-registered business must use MTD compliant software, making digital tax management no longer optional…
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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…
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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…
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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…
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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,…
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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…
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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…
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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…
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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…
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![Case Study: 6 Expense Management Platforms That Integrate with Open Banking [2025]](/wp-content/uploads/2025/04/Using-open-banking-for-expense-management.jpg "Case Study: 6 Expense Management Platforms That Integrate with Open Banking [2025] 27")
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…
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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,…
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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…
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![Top Noda Alternatives for UK Open Banking [2025]](/wp-content/uploads/2025/04/Noda-Alternative.jpg "Top Noda Alternatives for UK Open Banking [2025] 30")
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…