CoP portal by obconnect
At obconnect, we recognised early on, back in 2019, that the true value of Confirmation of Payee (CoP) for participant banks extended beyond just digital channels. While others in the industry were focused solely on delivering CoP through digital means, we took a different approach. Through extensive investigation and research, we identified that a portal […]
What Are TPPs in Open Banking?
Discover the role of Third-Party Providers (TPPs) in open banking. Learn how TPPs innovate financial services by facilitating secure data sharing and enabling new banking solutions.
Open Banking Explained: Everything You Need to Know
Learn about open banking and its transformative impact on the financial industry. Explore how open banking fosters innovation, competition, and greater consumer control over financial data.
Credit Card Processing Fees and Rates (2024 Guide)
Navigating the intricacies of credit card processing fees and rates is essential for businesses of all sizes. Whether you operate a brick-and-mortar retail store, an expansive e-commerce platform, or a service-based business, the ability to accept credit card payments is a necessity. According to recent industry data, there were 2.12 billion debit and credit card […]
Bank Account Verification: What It Is and How It Works
Whether you’re a business processing payments or an individual initiating transactions, verifying the authenticity of bank account details is essential to mitigate risks and prevent errors. This is where bank account verification comes into play. In this detailed guide, we’ll dive into the concept of bank account verification, exploring what it entails and how it […]
What is Open Banking? The Series
Explore the transformative power of Open Banking in our series, highlighting its role in enhancing financial accessibility for the underserved. Discover how, in the last month alone, over 150,000 users have embraced Open Banking with obconnect and Paypoint plc for a seamless transaction experience, marking the beginning of a new era in banking inclusivity.
What is Confirmation of Payee (CoP) and How Does it Work?
Explore the concept of Confirmation of Payee (CoP) and its role in securing payments. Learn how CoP works to verify payee details and prevent fraudulent transactions.
Understanding Building Societies: obconnect’s Holistic Approach in a Diverse Financial Landscape
This blog covers obconnect’s tailored approach to supporting Building Societies in the complex financial landscape, emphasising customised technology and strategic engagements.
Unlocking the Future of Finance with Open Banking
In today’s digital age, the financial industry is undergoing a transformative revolution, and at the heart of this revolution lies open banking.
The Financial Revolution You Need to Know
Open banking is a system that enables the sharing of financial data between banks and third-party financial service providers through secure APIs.