Revolut and Bottomline team up for real-time payments

October 09, 2019 | FinTech
Written by FinTech Alliance
Revolut and Bottomline team up for real-time payments

Revolut has selected Bottomline Technologies’ Universal Aggregator solution.

In Brief:

  • The solution will help deliver realtime payment services to Revolut’s UK customers.

  • The Universal Aggregator affords finance firms access to the UK’s Faster Payments Scheme.

  • Revolut will be able to monitor and limit transaction volume through the platform.

What does this mean?

Becoming a member of the Faster Payments Scheme directly has proved challenging for newer businesses like FinTechs – partnering with Bottomline has made this quicker and easier for Revolut.

Read more here.

 

More in FinTech

Klarna announces Berlin tech hub
FinTech
December 12, 2019

Klarna announces Berlin tech hub

Swedish FinTech Klarna is opening a new tech hub in Berlin. In Brief: The hub will house...

N26 will commit further to Ireland in 2020
FinTech
December 12, 2019

N26 will commit further to Ireland in 2020

Challenger bank N26 has revealed it will invest heavily in Ireland next year. In Brief:...

Welsh FinTech Sonovate has provided £1bn funding
FinTech
December 12, 2019

Welsh FinTech Sonovate has provided £1bn funding

Sonovate, a FinTech for contract workers, has provided over £1bn to businesses. In Brief:...

FinTech
December 11, 2019

The Global Fintech Index 2020

Fintech exists to solve global problems. Of access – such as in emerging markets where banking...

FinTech
November 19, 2019

Global FinTech Report Q3 2019

Summary of findings Q3’19 fintech funding topped $8.9B, a quarterly record when adjusting f...

FinTech
November 07, 2019

The United States Of Fintech Startups

Fintech startups across 35 US states are transforming payments, investing, insurance, and more.

Paris FinTech Forum

Paris FinTech Forum

When: Jan 28th - Jan 29th, 2020
Where: Palais Brongniart, Paris , GB
Price: £1,300
UK FinTech Mission to Austria

UK FinTech Mission to Austria

When: Jan 29th, 2020
Where: Residence of the British Ambassador, Vienna , GB
Price: £660
UK FinTech Mission to Switzerland

UK FinTech Mission to Switzerland

When: Jan 30th - Jan 29th, 2020
Where: Zurich Development Center, Zürich , GB
Price: £660