Truelayer news and trends

OpenPayd, TrueLayer Offer Instant Account-to-Account Payments
Real-Time Payments // February 20, 2024

OpenPayd has partnered with TrueLayer to enhance the instant payment solutions it offers its clients. By leveraging TrueLayer’s open banking payment network throughout the United Kingdom and Europe, OpenPayd will enable instant account-to-account (A2A) payments for the users of its global payments and banking-as-a-service (BaaS) platform, the companies...

True Layer Teams With Worldline on Payments Orchestration
Partnerships // January 31, 2024

Open banking payments network TrueLayer is offering its products via Worldline’s payment orchestration platform. Beginning Wednesday (Jan. 31), Worldline Payment Orchestration merchants can enable TrueLayer’s payment products including Payments, Payouts and Signup+ in the U.K. and across Europe, TrueLayer said in a news release provided to PYMNTS. “This means that...

TrueLayer Introduces Payment Links to Facilitate Omnichannel Purchases
Payment Methods // July 25, 2023

TrueLayer has introduced payment links to make getting paid easier and more convenient. Payment links are URLs, buttons or QR codes that enable businesses to accept payments from customers via almost any channel, including SMS, social media, email and in-person, the open banking firm said in...

Truelayer Debuts Open Banking-Powered Digital Onboarding Tool
API // January 31, 2023

Open banking firm Truelayer has launched a new product to help businesses onboard customers. The company announced the launch of Signup+, a new tool that it says can make the onboarding process faster, safer and more reliable, in a Tuesday (Jan. 31) press release. According...

Interviews & Exclusives
Open Banking Data Shakes Up European Insurance Market

December 06, 2022
Insurers are increasingly turning to open banking to personalize coverage, increase access and streamline applications. In the latest example of the trend, U.K. open banking provider Yapily recently announced that it has teamed up with InsurTech company Certua to integrate open data sharing into its embedded insurance platform. Read more: Insurance Industry Takes Lead in […]

US Open Banking Uptake Hindered By ‘Fragmented’ Market With Too Many Players

September 17, 2021
The state of open banking in the U.S. might be summed up in a few words: fragmented, and perhaps, dysfunctional. In an interview with Karen Webster, Paiak Vaid, head of...

New Research Shows Instant Authentication Key To Open Banking Success

August 12, 2021
Today’s payment service providers (PSPs) play a crucial role in facilitating global commerce for entrepreneurs, small- to mid-sized businesses (SMBs) and eCommerce marketplaces. One tool that more PSPs are adopting...

TrueLayer: Instant Refunds Key To Bringing Open Banking Payments Mainstream

June 22, 2021
The groundswell for open banking is here. Banks in the U.K. are now seeing more open banking payments volume in a single month than what was measured in all of...

Quick Reads
Open Banking Provider TrueLayer Raises $50 Million to Grow European Network

October 04, 2024
TrueLayer has raised $50 million in an extension of its $130 million Series E funding round to continue growing its pay-by-bank network. The company currently processes over $50 billion in total payments volume annually, 150 million transactions annually, and 1 million variable recurring payment transactions per month, TrueLayer said in a Friday (Oct. 4) press […]

OpenPayd, TrueLayer Offer Instant Account-to-Account Payments

February 20, 2024
OpenPayd has partnered with TrueLayer to enhance the instant payment solutions it offers its clients. By leveraging TrueLayer’s open banking payment network throughout the United Kingdom and Europe, OpenPayd will enable instant account-to-account...

True Layer Teams With Worldline on Payments Orchestration

January 31, 2024
Open banking payments network TrueLayer is offering its products via Worldline’s payment orchestration platform. Beginning Wednesday (Jan. 31), Worldline Payment Orchestration merchants can enable TrueLayer’s payment products including Payments, Payouts and Signup+ in the U.K....

TrueLayer Introduces Payment Links to Facilitate Omnichannel Purchases

July 25, 2023
TrueLayer has introduced payment links to make getting paid easier and more convenient. Payment links are URLs, buttons or QR codes that enable businesses to accept payments from customers via almost...