Podcast: Open Banking for SME’s

The open banking hype has mainly focused on the consumer marketplace. However SME’s can also hugely benefit. Accounts and transactions can be consolidated improving cash flow management. Payments can be made at a far lower cost and far faster as well as cool stuff including “pay me” buttons in invoices to speed up receivables.

Matt Cockayne speaks to London FinTech Podcast about the SME open banking marketplace. He takes us through everything from how open banking works, the regulatory landscape, screen scraping being outlawed and how a business can connect and benefit from using open banking.

the industry is moving towards Open Finance, a superset of Open Banking


Insights

On Wednesday, October 16th, the UK Open Banking Expo in London’s Business Design Centre hosted an insightful panel discussion on “Fuelling SME Growth and Innovation through Open Banking”. The session, held on the main stage from 14:45 to 15:35, was an engaging 50-minute conversation on how open banking is transforming the future of small and medium-sized enterprises (SMEs).
Industry

Open Banking Expo

17th October 2024

5 min read

Fuelling SME Growth and Innovation through Open Banking: Expo Recap

On Wednesday, October 16th, the UK Open Banking Expo in London’s Business Design Centre hosted an insightful panel discussion on “Fuelling SME Growth and Innovation through Open Banking”. The session was an engaging conversation on how open banking is transforming the future of small and medium-sized enterprises (SMEs).

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Industry

Yapily

26th September 2024

4 min read

New APP Fraud Rules: What They Mean for Open Banking

As we approach October 7 2024, the UK is set to implement new Authorised Push Payment (APP) fraud rules. These regulations aim to combat a growing form of financial crime and introduce significant changes to how liability is shared between banks and customers. Let’s break down what this means for our industry and our customers.

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Industry

Yapily

6th September 2023

10 min read

Open Banking and User Experience

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