back Back

TrueLayer launches Open Banking-based PayDirect to replace cards

By Sunniva Kolostyak

January 26, 2021

Share

Open Banking provider TrueLayer has unveiled a new payment method, called PayDirect, to combine on-click verification with instant deposits and withdrawals for streamlined payments processes. PayDirect is built on Open Banking and the fastest bank payment rails to provide instant payments and accelerates KYC and AML processes, enabling firms to stay compliant while delivering a […]

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

Get access to IBSi Premium

Monthly issues of the iconic IBSi FinTech Journal

Chart of the Week curated by IBSi’s Research Team

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


£19.99/monthly - Subscribe Now!
Previous Article

January 19, 2021

Cobalt, Baton Systems to streamline post-trade FX processing

Read More
Next Article

January 26, 2021

Cynergy Bank implements nCino Bank Operating System for SME lending

Read More





Weekly Case Study

Chart of the Week

FinTech insights exclusively curated by the IBSi’s Research Team

Other Related News

August 03, 2023

Embedded finance providers are more likely to finance women-led SMEs, study shows

Read More

March 21, 2023

UK: Industry leaders defend FinTech’s future despite recent bank failures

Read More

November 17, 2022

Regulators should robustly supervise bank-FinTech relationships, Treasury report shows

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Global FinTech Innovation Awards 2024

Here’s to the coolest in FinTech!
Nominate Now!
close-link
Nominate now! IBSi Global FinTech Innovation Awards 2024