The Wonderful team writes about Open Banking payments technology: from cost savings, security and settlement improvements, to third party integrations, fintech regulation and mobile apps.
Pay by bank app is a modern payment processing method which provides UK businesses with a simpler, faster and more secure payment solution.
The dynamic wellness sector is experiencing a rapid technological transformation, with new-age online payments at the forefront. Are you aware of the latest trends?
In a groundbreaking move to enhance charitable giving, Cafod (the Catholic Agency for Overseas Development) has joined forces with Wonderful to unlock the incredible potential of open banking.
Mobile phone POS is a key enabler that helps businesses adopt smarter processes for operational efficiency. Take a look at some of the best mobile POS systems in the UK and choose the right one for your business.
Pay by bank is a revolutionary digital payment method that’s set to transform the online shopping experience for both customers and merchants.
Our customers are at the centre of everything we do. We are committed to embedding their interests at the core of our activities. On the 31st of July 2023 new FCA rules came into force.
Payment Initiation Services allow businesses to accept instant bank transfers from customers, transforming the checkout process and improving security.
Insights from the BRC's Payments Survey 2022: with cash use plummeting, businesses must address the rising cost of card payments.
Here we take a look at the security features of A2A (account-to-account) payments, also known as ‘easy bank transfer’, ‘pay by bank' and 'instant bank payments'.
A2A (account-to-account) payments are emerging as a fantastic alternative to card payments. Here we showcase some of the websites and apps already taking advantage.
Here at Wonderful, we were very pleased to see a joint statement issued by CMA, FCA, HM Treasury and PSR last Friday 25th March. Like us, it lauds open banking as a “secure and cost-effective alternative to using card networks.”
Whilst Open Banking offers so much potential for innovation through the sharing of bank account data, the greatest advantage of this new scheme right now could be its ability to revolutionise online payments.
Open Banking technology promises to change how we pay for things and how we manage our money, but what exactly are Open Banking payments?
