News

Apple Pay is not open banking — it is a digital wallet for card payments. Learn the difference between Apple Pay and open banking, and how they compare as payment methods.

Payment service providers (PSPs) are FCA-regulated companies that process payments for businesses and consumers. Learn what PSPs do, examples in the UK, and how open banking relates to them.

To open a Starling bank account you need a UK address, a valid photo ID, and a smartphone. The process takes around 10 minutes and uses open banking-style identity verification. Here’s what to expect.

Starling Bank’s disadvantages include no physical branches, limited Marketplace partners, and no traditional overdraft buffer. Learn the key drawbacks before opening a Starling account.

Bank transfers are generally safe in the UK but cannot always be reversed. Learn about APP fraud protection, the PSR reimbursement scheme, and how to protect yourself when paying by bank transfer.

Halifax has offered switching incentives including cash payments for new customers. Learn about current Halifax switching offers, eligibility, and how they compare to other UK bank incentives.

Monzo is a UK-licensed bank that both uses open banking and supports it. Learn how Monzo’s open banking features work, what data you can share, and how third-party apps connect to Monzo.

Dispute management in banking refers to the process of resolving contested transactions. Learn how the UK banking complaint system works and how open banking affects payment disputes.

Pave is a UK credit-building app that uses open banking data to help consumers improve their credit score. Learn how Pave works and whether it is regulated.

Danske Bank has a UK subsidiary regulated by the FCA and PRA. It is one of the nine CMA-mandated open banking banks. Learn what Danske Bank does in the UK and who owns it.