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UK Government Issues Tender to Integrate Open Banking into Gov.UK Pay | Fintech InShorts: Latest fintech news, analysis by experts

Summary
The UK government invites bidders for a £49 million contract to embed open banking technology into the Gov.UK Pay platform, enhancing public sector payment services Highlights UK government issues a £49 million tender for open banking integration. The initiative aims to enhance the Gov.UK Pay platform. The project will improve…
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UK Government Issues Tender for Open Banking Integration with GOV.UK Pay | Fintech InShorts: Latest fintech news, analysis by experts

Revolutionizing Payment Processes through Open Banking for Enhanced User Experience Highlights: The UK government has released a tender to enhance digital payment systems via Open Banking. This initiative aims to streamline payment processes and improve user experience on GOV.UK Pay. The integration of Open Banking could lead to more efficient financial transactions for UK citizens. The UK government is seeking to modernize its payment systems …

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fintechinshorts.com broke the news in on Friday, February 21, 2025.
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