OBL Head of Payments Policy, Richard Koch, spoke at the Utility Week Forum yesterday about how the UK's utilities sector could benefit from open banking account information services for improved affordability checks for financially vulnerable consumers. He also highlighted the cost and time efficiencies offered by open banking payments, including the flexibility – for both customers and firms - of variable recurring payments, a ‘Smart Direct Debit’. #UWF24 #OpenBanking #SmartData #OpenFinance #Innovation #DigitalInnovation #TechInnovation #Payments #Data #DirectDebit #VRP #Utilities Tom Luff | Harry Mayhew | Josep García Solé
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Great to see Open Banking Ltd. leading discussions at the recent Utility Week Forum on the value that OB brings for consumers struggling with the cost of energy, whilst aiding utility companies with their burgeoning debt book. Our 'Flexipay' solution was mentioned; co-developed with our partners Eviden, it harnesses technologies such as open-banking account information, (VRP) Variable recurring payments and AI to provide more flexible repayment options to help safeguard those most vulnerable from fuel poverty. #openbanking #flexipay #fuelpoverty #vrp #ordo
OBL Head of Payments Policy, Richard Koch, spoke at the Utility Week Forum yesterday about how the UK's utilities sector could benefit from open banking account information services for improved affordability checks for financially vulnerable consumers. He also highlighted the cost and time efficiencies offered by open banking payments, including the flexibility – for both customers and firms - of variable recurring payments, a ‘Smart Direct Debit’. #UWF24 #OpenBanking #SmartData #OpenFinance #Innovation #DigitalInnovation #TechInnovation #Payments #Data #DirectDebit #VRP #Utilities Tom Luff | Harry Mayhew | Josep García Solé
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As the variety of instant payment options increases, ensure you’re prepared to identify which technology is the best fit for your business. Tune into the Citizens Commercial Banking 2024 Payment Trends webinar where my colleagues, joined by our trusted partner Mastercard, will share insights from our Payment Trends survey to help you optimize your payments strategy in 2024: http://spr.ly/6046j5bwI. #CitizensColleague #Payments #Treasury
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As the variety of instant payment options increases, ensure you’re prepared to identify which technology is the best fit for your business. Tune into the Citizens Commercial Banking 2024 Payment Trends webinar where my colleagues, joined by our trusted partner Mastercard, will share insights from our Payment Trends survey to help you optimize your payments strategy in 2024: http://spr.ly/6041bhtzW. #CitizensColleague #Payments #Treasury
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As the variety of instant payment options increases, ensure you’re prepared to identify which technology is the best fit for your business. Let's review how you make and take your payments! Tune into the Citizens Commercial Banking 2024 Payment Trends webinar where my colleagues, joined by our trusted partner Mastercard, will share insights from our Payment Trends survey to help you optimize your payments strategy in 2024: http://spr.ly/6041jHypt. #CitizensColleague #Payments #Treasury
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As the variety of instant payment options increases, ensure you’re prepared to identify which technology is the best fit for your business. Tune into the Citizens Commercial Banking 2024 Payment Trends webinar where my colleagues, joined by our trusted partner Mastercard, will share insights from our Payment Trends survey to help you optimize your payments strategy in 2024: http://spr.ly/6045jyFKh. #CitizensColleague #Payments #Treasury
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As the variety of instant payment options increases, ensure you’re prepared to identify which technology is the best fit for your business. Tune into the Citizens Commercial Banking 2024 Payment Trends webinar where my colleagues, joined by our trusted partner Mastercard, will share insights from our Payment Trends survey to help you optimize your payments strategy in 2024: http://spr.ly/6047jGcd9. #CitizensColleague #Payments #Treasury
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As the variety of instant payment options increases, ensure you’re prepared to identify which technology is the best fit for your business. Tune into the Citizens Commercial Banking 2024 Payment Trends webinar where my colleagues, joined by our trusted partner Mastercard, will share insights from our Payment Trends survey to help you optimize your payments strategy in 2024: http://spr.ly/6047j5xhS. #CitizensColleague #Payments #Treasury
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As the variety of instant payment options increases, ensure you’re prepared to identify which technology is the best fit for your business. Tune into the Citizens Commercial Banking 2024 Payment Trends webinar where my colleagues, joined by our trusted partner Mastercard, will share insights from our Payment Trends survey to help you optimize your payments strategy in 2024: http://spr.ly/6040jHYK0. #CitizensColleague #Payments #Treasury
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As the variety of instant payment options increases, ensure you’re prepared to identify which technology is the best fit for your business. Tune into the Citizens Commercial Banking 2024 Payment Trends webinar where my colleagues, joined by our trusted partner Mastercard, will share insights from our Payment Trends survey to help you optimize your payments strategy in 2024: http://spr.ly/6046bYkcK. #CitizensColleague #Payments #Treasury
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Marion King, OBL Trustee, provides insights on the UK's open banking journey and its significant milestones. Explore her article for a detailed examination of its evolution from a competition remedy to a framework supporting commercial innovation and latest statistics. Read more here >> https://lnkd.in/g86TMJth #openbanking #openfinance #smartdata #fintechinnovation
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