- Banking
Moneyhub becomes first participant in the UK Payments Initiative
Moneyhub has become the first non-shareholder participant to join UK Payments Initiative Ltd (UKPI). The partnership will allow Moneyhub to bring advanced, rule-based Pay By Bank capabilities to the pensions, investments, and savings sectors. By automating intelligent account-to-account top-ups in real time via UKPI’s Wave 1 framework, Moneyhub will help financial institutions boost assets under management, cut operational costs, and improve customer retention.
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