BankiFi, a banking technology provider, has partnered with TSB to launch Revenu.
In Brief:
Revenu is an app for TSB’s small business customers.
It will enable them to receive quicker payments and manage their finances more easily.
Payment collection options through the app include SMS, WhatsApp, email and QR code requests.
What does this mean?
BankiFi has helped TSB develop an app that uses open banking infrastructure to improve the speed and security of invoice payments. This is part of TSB’s commitment to help tackle the late payment problems currently faced by SMEs in the UK.