Join 10 million open banking users
The recent news of open banking reaching 10 million users in the UK marks a watershed moment in the financial technology industry.
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.
The recent news of open banking reaching 10 million users in the UK marks a watershed moment in the financial technology industry.
The Point-of-Sale has been evolving with the changing dynamics of the retail industry and the retail POS system remains a vital cog in the wheel. Let's take a look at some of the best retail POS systems in the UK.
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 app is a modern payment processing method which provides UK businesses with a simpler, faster and more secure payment solution.
With the growth in adoption of digital payments and an increasing number of payment processors, evaluating the options to accept payments online becomes critical.
Pay by bank is a revolutionary digital payment method thatโs set to transform the online shopping experience for both customers and merchants.
Carmen and Kieron quickly recap the journey to date before describing the rigorous process of FCA authorisation; selling the telecoms business; moving the team to a completely new industry; and seamlessly replacing a third-party provider with their brand new, and recently approved, fintech. (Phew!)
At Wonderful, we're thrilled to share that our CEO and Co-Founder, Kieron James, was recently featured on the Software Spotlight podcast. Hosted by Michael Bernzweig of Software Oasis, the podcast provides a front-row seat to the latest innovations in software for small businesses.
Carmen and Kieron remember the moment they discovered Open Banking - and the apple fell from the tree. Demand and pressure had forced the fundraising platform to close as card processing fees began to outstrip their corporate sponsorship. Could this be the silver bullet?
For small businesses in the UK, survival often hinges on cash flow. Prompt payment of invoices is crucial. Every penny counts and the time to settle can make or break a business. Letโs shed light on timelines involved in card processing settlements, and crucially, demonstrate a better way.
What could be better on a rainy Saturday afternoon than an all-day Full English and a pot of tea in a 16th century tea room? Little did I know when I ducked my head to get through the crooked door what a seething hotbed of life I was entering.
Like every other business, card providers have long recognised the importance of attracting and retaining customers. To achieve this, they employ various strategies, with loyalty schemes being a prominent and effective tool. But who foots the bill?
Running a small business can be incredibly rewarding, but it also comes with its fair share of challenges. Among these challenges, managing cash flow stands out as one of the most critical aspects of ensuring your business's survival and success.