Tag: Open Banking

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.…

8 May 2025
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.…

6 May 2025
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…

6 May 2025
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…

5 May 2025
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…

5 May 2025
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…

5 May 2025
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…

2 May 2025
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…

29 April 2025
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…

28 April 2025
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…

25 April 2025
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…

25 April 2025
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,…

24 April 2025
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…

24 April 2025
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…

24 April 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…

23 April 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…

23 April 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…

23 April 2025
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,…

22 April 2025
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…

22 April 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…

21 April 2025
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…

21 April 2025
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…

20 April 2025
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…

20 April 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…

20 April 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…

20 April 2025
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.…

20 April 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…

19 April 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…

18 April 2025
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…

18 April 2025
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…

17 April 2025