Railsbank and Plaid team up to offer Payment Initiation to SMEs

Railsbank and open finance platform Plaid have announced a partnership in a bid to enable any company, or brand, in the UK to embed finance into their customer journey.

The companies stated that the collaboration is expected to satisfy increasing demand from companies and brands, both within and outside the financial services industry, who are adding end-user wallets, payments, savings, credit and bank accounts to their platforms and wish to simplify the process.

Read more: IBS Intelligence