TrueLayer's network enables global instant payments from the UK and Europe.
With 80+ banks involved, the rise of open banking signals cost savings potential.
OpenPayd, a global payments and Banking-as-a-Service
platform, has unveiled its collaboration with TrueLayer, Europe’s open banking
payment network, aiming to enrich its instant payment solutions portfolio for
clients.
OpenPayd's Secure A2A Payments Solution
In this strategic partnership, OpenPayd intends to harness
TrueLayer’s payments network spanning the UK and Europe to facilitate secure
and immediate account-to-account (A2A) payments for its global clientele. The
collaboration seeks to elevate user experience standards while enhancing
conversion rates for real-time fund deposits.
“Our partnership with TrueLayer marks an important step in
OpenPayd’s growth strategy. We’re building a payments platform to give our
clients access to any payment rail they need, where they need it. This
collaboration is the next step in delivering fast, user-friendly payment
journeys to our clients and their underlying users,” said Barry O’Sullivan, the
Head of Banking and Payments Infrastructure at OpenPayd.
“Partnering with industry leaders like TrueLayer, gives us
the chance to bring open banking-enabled payment solutions to our clients, so
they can reap the benefits of this technology.”
Through this initiative, OpenPayd's clients will gain access
to pay-by-bank functionality integrated into their payment infrastructure,
courtesy of the OpenPayd API integration. This integrated approach enables
customers to initiate payments and authenticate transactions
directly within their banking applications.
Open Banking's Growth and Impact on Innovation and
Productivity
The surge in open banking adoption, as evidenced by over one
in nine Britons utilizing open banking services and the engagement of 80+ banks
beyond the CMA9, underscores its potential to spur innovation, bolster
productivity, and streamline costs.
Mariko Beising, the VP Financial Services and Partnerships
at TrueLayer
added: “At TrueLayer, we firmly believe that the future of payments is built on
open banking. It enables the development of new solutions in payment services
that foster growth, innovation and provide better solutions for consumers and
businesses. We’re excited to collaborate with OpenPayd to deliver better
payment experiences to its clients.”
OpenPayd, a global payments and Banking-as-a-Service
platform, has unveiled its collaboration with TrueLayer, Europe’s open banking
payment network, aiming to enrich its instant payment solutions portfolio for
clients.
OpenPayd's Secure A2A Payments Solution
In this strategic partnership, OpenPayd intends to harness
TrueLayer’s payments network spanning the UK and Europe to facilitate secure
and immediate account-to-account (A2A) payments for its global clientele. The
collaboration seeks to elevate user experience standards while enhancing
conversion rates for real-time fund deposits.
“Our partnership with TrueLayer marks an important step in
OpenPayd’s growth strategy. We’re building a payments platform to give our
clients access to any payment rail they need, where they need it. This
collaboration is the next step in delivering fast, user-friendly payment
journeys to our clients and their underlying users,” said Barry O’Sullivan, the
Head of Banking and Payments Infrastructure at OpenPayd.
“Partnering with industry leaders like TrueLayer, gives us
the chance to bring open banking-enabled payment solutions to our clients, so
they can reap the benefits of this technology.”
Through this initiative, OpenPayd's clients will gain access
to pay-by-bank functionality integrated into their payment infrastructure,
courtesy of the OpenPayd API integration. This integrated approach enables
customers to initiate payments and authenticate transactions
directly within their banking applications.
Open Banking's Growth and Impact on Innovation and
Productivity
The surge in open banking adoption, as evidenced by over one
in nine Britons utilizing open banking services and the engagement of 80+ banks
beyond the CMA9, underscores its potential to spur innovation, bolster
productivity, and streamline costs.
Mariko Beising, the VP Financial Services and Partnerships
at TrueLayer
added: “At TrueLayer, we firmly believe that the future of payments is built on
open banking. It enables the development of new solutions in payment services
that foster growth, innovation and provide better solutions for consumers and
businesses. We’re excited to collaborate with OpenPayd to deliver better
payment experiences to its clients.”
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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🐦 Twitter: https://twitter.com/F_M_events
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▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!