back Back

HSBC first to make sweeping Variable Recurring Payments service available to open banking customers

By Gaia Lamperti

August 25, 2022

  • Bank Accounts
  • Debit
  • E - Commerce
Share

This morning, HSBC UK announced the rollout of the sweeping variable recurring payments (VRPs) service to all its personal and business customers who use open banking services. The bank is the first to complete the managed rollout process since the Competition and Markets Authority’s 31/07 deadline that asked all the country’s biggest banks to implement […]

This article can only be read by subscribers. Subscribe to IBSi Premium or Sign in

Get access to IBSi Premium

IBSi Daily News Analysis + monthly IBSi FinTech Journal

Daily insightful Financial Technology news analysis

Weekly snapshots of industry deals, events & insights

Weekly global FinTech use cases

Chart of the Week curated by IBSi’s Research Team

Monthly issues of the iconic IBSi FinTech Journal

Exclusive invitation to a flagship IBSi on-ground event of your choice


£19.99/monthly - Subscribe Now!
Previous Article

August 25, 2022

How FinTech can help youth gain access to digital financial inclusion

Read More
Next Article

August 26, 2022

A loyalty fraud epidemic is threatening e-commerce and SMEs

Read More










Weekly Case Study

Chart of the Week

FinTech insights exclusively curated by the IBSi’s Research Team

Other Related News

October 05, 2022

Big surge in B2B embedded finance demand, new research finds

Read More

September 27, 2022

Open banking payments are a big deal for European banks, research shows

Read More

September 22, 2022

Over 80% of UK SMEs are unaware of revenue-based finance, new research reveals

Read More

Related Reports

Sales League Table Report 2022

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q3 2022

£1,500.00 / year

Know More
IBS Intelligence - Wealth Management & Private Banking Systems Report Q2 2022
Wealth Management & Private Banking Systems Report Q2 2022

£1,500.00 / year

Know More
Global Transaction Banking Vendors and Landscape Report Q3 2022

£1,500.00 / year

Know More
Treasury & Capital Markets Systems Report Q3 2022

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2022