Amex to launch open banking product for UK customers in Q4 (9/14)

“American Express (Amex) on Monday announced its plans to launch a new open banking product in the fourth quarter of this year, for its UK customers.  

The service is expected to enable customers to quickly and securely pay for goods and services online and on the go, directly from their bank account. “Pay with Bank transfer” will be a real-time payment option available to current account holders at UK banks, regardless of whether they are American Express card members, as per a statement.”

Source: IBS intelligence

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Written by Christophe Langlois

Based in London for almost a decade, Christophe is an entertaining fintech marketing keynote speaker and a trusted advisor to the global financial services industry on the topics of digital marketing, innovation and B2B social media.

Christophe has contributed to over 140 events in 18 countries.

Currently, Christophe is advising a number of fintech startups on marketing and growth hacking and he is the Chief Marketing Officer of The Fintech Power 50, an exclusive annual programme helping fintech scale-ups to accelerate their growth globally.

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