The Paypers

JUNE 5, 2018

(The Paypers) Citi has announced that is has enrolled as a Payment Initiation Service Provider (PISP) on the UK Open Banking Directory.

Enrollments

PYMNTS

OCTOBER 7, 2016

Oberthur Technologies (OT) is partnering with payments service provider Nets to deliver support for mobile payments to Scandinavian banks. 6), is aimed at helping to service banks in the Nordics with a financial platform that supports future international mobile payment methods.

Mobile Payments

PYMNTS

JUNE 5, 2018

Citi is the first corporate bank to enroll in the U.K.’s ’s Open Banking Directory in an effort to enhance payment and collection services for business clients, the FI said Monday (June 4). In another statement, OBIE trustee Imran Gulamhuseinwala said the Entity is “delighted to have Citi enrolled in our U.K.

Treasury

Stax

DECEMBER 20, 2023

By hiring the services of a payment facilitator or processor, a business does not have to open its own merchant account. Instead, only the PayFac will have a merchant account as it allows its clients to accept payments. This system works very well for SaaS providers. Hybrid API enrollment. White-glove enrollment.

Underwriting

Open Banking

JULY 23, 2024

Notes to editors: The recent growth in users has bucked trends from previous years: There has been higher growth in Payment Initiation Service (PIS) users over the past 12 months (61% year on year) However, growth of Account Information Service (AIS) users has also steadily accelerated in recent months (currently 27% year-on-year).

Small Business

Open Banking

JANUARY 13, 2023

Third Party Providers (TPPs) are organisations or natural persons that use APIs developed to Standards to access customer’s accounts, in order to provide account information services and/or to initiate payments.

Regulations