After months of controversy, the U.K.’s Banking Competition Remedies has awarded the first batches of the Royal Bank of Scotland’s $1 billion fund to competing banks in an effort to boost competition in the market, particularly for small to medium-sized business (SMB) services. But the...
PayPoint, the payment technology company, announced news on Thursday (June 28) that it inked a partnership with U.K. challenger bank Tide in which customers will be able to deposit cash into a Tide account at any of PayPoint’s 29,000 retailers nationwide. In a press release,...
The EU’s PSD2 and Open Banking in the U.K. have shone a massive spotlight on the role of API technology in banking to open up competition in the market. They are instrumental to financial institutions’ adherence to new rules that require them to open up...
June 28, 2018
PayPoint, the payment technology company, announced news on Thursday (June 28) that it inked a partnership with U.K. challenger bank Tide in which customers will be able to deposit cash into a Tide account at any of PayPoint’s 29,000 retailers nationwide. In a press release, PayPoint said the deal gives the digital bank access to […]