Competition and Markets Authority Archives

NatWest, Danske Bank and Nationwide All Fall Short of CMA Retail Banking Order

Tyler PatheNovember 11, 2022November 11, 2022

by Tyler PatheNovember 11, 2022November 11, 2022

In letters published today, @CMAgovUK found @NatWestGroup, @DanskeBank_DK and @Nationwide to be in violation of its Retail Banking Market Investigation Order 2017 when all presented...

HSBC Leads CMA9 in VRP Implementation With Debut of New Service for Open Banking Customers

Tyler PatheAugust 27, 2022August 27, 2022

by Tyler PatheAugust 27, 2022August 27, 2022

In its latest announcement, this week @HSBC_UK confirmed that it is to introduce #sweepingVRP to all its business and personal accounts that use open banking;...

GoCardless and Plaid Gear Up for VRPs as the CMA’s Mandate Comes Into Force This Weekend

Tyler PatheJuly 30, 2022July 30, 2022

by Tyler PatheJuly 30, 2022July 30, 2022

On the eve of @CMAgovUK's mandate on #VariableRecurringPayments, a series of #openbanking advocates, including @GoCardless and @Plaid, are launching their own VRP offerings....

Personal Finance App Nude Becomes GoCardless’ First Variable Recurring Payment Customer

Tyler PatheMay 18, 2022May 17, 2022

by Tyler PatheMay 18, 2022May 17, 2022

The personal savings app Nude has selected the online payment processing solution of @GoCardless to power the payments for its users to save and invest...

CMA Implements Variable Recurring Payments for Sweeping

Tyler PatheAugust 3, 2021August 2, 2021

by Tyler PatheAugust 3, 2021August 2, 2021

The @CMAgovUK has mandated Variable Recurring Payments (VRPs) as the mechanism for implementing sweeping; meaning that the largest UK current account providers will have to...

Nuapay: Looking to the West – The Global Real-Time Payments Opportunity

Francis BignellJune 20, 2021June 18, 2021

by Francis BignellJune 20, 2021June 18, 2021

#Openbanking is beginning to take over the #financialindustry but it has not been adopted in the US - @NUAPAY discuss why....

Tag : Competition and Markets Authority

CMA Implements Variable Recurring Payments for Sweeping

Nuapay: Looking to the West – The Global Real-Time Payments Opportunity

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