In today's world, the way we manage our finances and make payments has changed significantly. Writing checks and carrying cash are no longer the norm, as digital payment methods have become the primary focus. Nowadays, consumers value payment options that provide speed, convenience, and security.
We recently interviewed Banked’s Chief Legal and Compliance Officer (CLCO), John Fernandez, to discuss the current state of fraud in the fintech and open banking industries, sharing insights on how we stay ahead of evolving fraud threats while ensuring a seamless and intuitive user experience for customers using Pay by Bank.
At Banked, we offer real-time payments to our customers, which involves interfacing directly with all major UK banks. It’s important for us to know the health/service level of the APIs at each bank we interact with, so we needed a way to monitor all of that traffic.
In addition to building a bespoke checkout for HEROES donations, the team at Banked are now working to build an interface that allows quick and easy payouts to NHS workers via our small grants program.
Banked Ltd is authorised and regulated by the UK Financial Conduct Authority 151 Wardour St, Unit 5.01, London, W1F 8WE, UK Company number 11047186 : Firm Reference Number 816944 : +44 (0) 20 8090 2747