Get the latest business insights from Dun & Bradstreet. Wise helps businesses pay international invoices, vendors, and employees with the real exchange rate, in 80 countries, boasting cheaper rates than traditional. 9M revenue and 366 person team in 2023. Compare TrueLayer to its competitors by revenue, employee. Through account data requests, you can fetch: an overview of all the accounts owned by a particular user. Company benefits. TrueLayer clients can view all tickets raised in a dedicated Ticket Dashboard. 3 million funding round led by Connect Ventures. Here are six ways to better understand and analyse customer loyalty: 1. TrueLayer said that with payment consent tied to a customer’s bank account, it does not expire until it is revoked by them, such as when the Curve Flex balance has been paid off. I thought it might be a little odd to do a take-home exercise before speaking with the hiring manager, but nonetheless I completed the exercise by. Send the user to their mobile banking app or online banking where they'll select the account (s) they'd like to connect (they can choose more than one). At this stage, your user has told you what bank they want to pay from and you’ve obtained your access token. The company has developed an edge over the competition by securing three registered trademarks in the scientific and electric apparatus and instruments category. MX is probably the biggest pure-play competitor to Plaid, which is particularly impressive given the firm’s executive shakeups. 0K employees. We want to make your experience as smooth as possible. Competitors: Unknown. 898 follower su LinkedIn. They’ll be here to help you through the entire process. Discover how other companies use TrueLayer, get inspired, and find ways to improve your business. TrueLayer has also been introducing unique features to separate itself from the other competitors, which are mostly based in Europe. The process took 2 weeks. See insights on TrueLayer including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. In addition to Spruce House Capital, new investors include PayPal Ventures, TrueLayer and Zinal Growth. TrueLayer is the leading technology company providing secure, global access to financial infrastructure. - Ensure that the actions from the step 3 have been taken. Please choose the most appropriate form for your enquiry below. It was founded in 2016 and is based in London, United Kingdom. Hosts have no control or influence over winner selection, with winners being generated completely at random. Open Banking allows you to share certain financial information that only you and your bank can see, such as your balance and transaction history, with other financial providers or services of your choosing. 04. Answer a few questions to help the Flinks community. <br><br>Currently, he leads Global Partnerships at TrueLayer, scaling the platform globally and developing. Founded in 2016, TrueLayer Limited is a platform that provides access to financial data and instant payments. 9M 3 Cashfac PLC510 Highlights Investments 1 Total Funding Amount Unlock for free Contacts 201 Employee Profiles 14 Investors 24 Similar Companies 10 Industries Banking Developer Tools. With TrueLayer’s API, businesses will be able to connect to select UK banks to take VRP from their customers. The median estimated compensation for executives at TrueLayer including base salary and bonus is $252,004, or $121 per hour. 69: $16. 01. Businesses of every size use TrueLayer to power their payments, access financial data, and onboard customers across the UK, Europe, and Australia. Additionally, TrueLayer has enhanced. TRUELAYER LIMITED is a Private limited company (Ltd. Poland. This privacy notice describes how we are or will be. Latest Funding Round Amount (USD) 130,000,000. Combining open banking with machine learning, the Verification API makes onboarding effortless. What is TrueLayer? TrueLayer helps software developers build their financial applications by providing abstractions and connections to banks and financial institutions worldwide*. On Friday 12 February 2021, in my new role as TrueLayer ’s Head of Australia, I gave expert evidence to the Australian Senate Select Committee on Financial Technology and Regulatory Technology. Check out our videos of different bank flow screens. TrueLayer has launched its Open Banking platform in Australia, having been accredited by the Australian Competition and Consumer Commission, and has promoted Brenton Charnley to CEO of Australia and New Zealand. 2 launches. Amazon Pay for Business. The company's platform helps companies to securely and efficiently access their customer's bank accounts to share financial data, make payments and validate their identity, enabling companies to initiate payments directly from the user's bank account. 0 out of 5, based on over 70 reviews left anonymously by employees. Experience the user journey. Dec 2016 - Aug 2017 9 months. (536)4. Merge is an integrations platform for product development. Founders John Fohr, Vincenzo Acinapura. | TrueLayer is Europe’s leading open banking payments network. Type: Company - Private. ly vs. Balances: current, available etc. TrueLayer will have work to do to. Open Query Tool. Stuart Irving vs TrueLayer's CEO. About the Author. Some of the TrueLayer competitors do refunds, might have been a way for you to. TrueLayer is a lean-in to the future, a modern solution. Work at TrueLayer? Upgrade your profile. 4%. Top 10 alternatives to TrueLayer includes IntelliJ IDEA, CBO, PHPRunner, Unity, GitLab, Blink Mobility, Sigma, Qt Application, CodeLobster IDE AND CLion. By using TrueLayer’s open banking API we get the best of both worlds – there’s a simplified in-app deposit flow, but with cost-effective processing. TrueLayer is committed to serving the payments needs of businesses and consumers, and is leading the way in consumer research and user experience (UX) design — our most recent findings are published in our 2023 Payments experience playbook. TrueLayer blog AnnouncementsTrueLayer's new brand: introducing the “never before”. Competitors. The second part of the competition, the raffle, comes with the incredible prizes: a Tesla Model 3, 2 iPhone 15 and 2 PlayStation 5. Even more exciting, we get to announce as our first partners. Italy. So here’s what our typical interview process looks like. Businesses big and small use our products to onboard new users, accept money and make payouts in seconds, and at scale. TrueLayer covers more than 95% of bank accounts in major European markets – for example, 98% in the UK, 99% in Spain and 95% in Ireland. Bud Financial is a company that offers a banking app and a website which aggregate financial services. Key Points TrueLayer lets fintech apps like Revolut and Freetrade connect with customers’ bank accounts using technology known as APIs. Get real-time access to account, balance, transaction, and identity data using open banking AIS. com competitors in August 2023: yodlee. We use this approach (alongside many other banks) because of security reasons. 8 / 5. A payments_token is an encoded piece of. Venture Capital Funds Private Equity Funds Accelerators & Incubators Investment Banks. Sweden’s Tink and Bud from Great Britain are among TrueLayer’s other European competitors. 77% of TrueLayer reviewers on G2 are from a small business and rate TrueLayer 4. Bud Financial is a company that offers a banking app and a website which aggregate financial services. The most used email format in TrueLayer is John. One of our sales representative will call you soon. Railsbank. Celebrating women in fintech: past, present and future. Fintech developer platform TrueLayer is planning to go global on the back of its new $70m Series D funding round and a boost from the pandemic. Wise. TrueLayer 43,959 followers 10mo Report this post Report Report. It helps startups and banks to drive products in financial services and supports account verification, know-your-customer (KYC) processes, and transactional data for account aggregation, credit scoring, and risk assessment. 0, while TrueLayer is rated 0. We have compiled a list of solutions that reviewers voted as the best overall alternatives and competitors to Array, including Stripe Connect, Merge, Amplify. Each product's score is calculated with real-time data from verified user reviews, to help you make the best choice between these two options. TrueLayer is a global open banking platform that makes it easy for anyone to build better financial experiences. Their platform enables businesses to access and use financial data from their customers' bank accounts, allowing them to build innovative financial products and services. You control who sees your banking information. Security: The data is transferred securely between a financial service provider and the data holder using robust APIs. It aggregates the APIs of various. View Top Employees from TrueLayerThere are several ways to check the TrueLayer products' status: Visit our Twitter account TrueLayer Status to see real-time system status updates whenever we experience an outage; If you signed a contract with us and provided your incident POC we will email you the status updates whenever we experience an outage; You can also visit. 0. 0. Data. Accounts: PRIMARK, Hunter Boots, Amazon Pay, Western Union, Tangle Teezer. We’ve listed the top 17 alternatives to TrueLayer. It helps startups and banks to drive products in financial services and supports account verification, know-your-customer (KYC) processes, and transactional data for account aggregation, credit scoring, and risk assessment. Use an external API to find out the bank related to a particular sort code. Details about top competitor companies of TrueLayer. Phone Number (415) 358-1199. Companies like TrueLayer. Curve customers will now be able to make purchases via instant bank transfer, powered by TrueLayer’s payments system. However, the company’s founders are staying quiet about how much the. TrueLayer (38) 4. Truelayer basically operate in the open banking space and so can interface with your own bank account using an API if you grant them permission. 9. Optimized for quick response. Together they have raised over 1. The company has developed an edge over the competition by securing three registered trademarks in the scientific and electric apparatus and instruments category. 81 m in annual revenue in FY 2022. The first company in the UK to deliver open banking VRPs, it surpassed 1 million total VRP transactions in June. In September truelayer. The Data API allows you to access the following data for connected accounts available from a provider: Account: account holder name, account number, IBAN etc. Select and import the Insomnia PayDirect API file. com in 84% of the time Bud's top competitors include TrueLayer, Tink and Liberis. #1. We accept and encourage differing opinions, this code of conduct sets out guidelines to ensure that we can all share these opinions in a safe way. Competition. The technology involves developer-facing application programming interfaces (APIs) that allow companies to connect with banks to offer services, and also bank-facing APIs that allow banks to automate and extend back-end. 9M revenue and 366 person team in 2023. Competitors. 3 Locations. Filter 37 reviews by the users' company size, role or industry to find out how TrueLayer works for a business like yours. A Binance spokesperson said the exchange has brought on partners including TrueLayer, Nuvei. 10 customers; 10 testimonials; Premium; 4. Norway. Yapily’s primary competitors include TrueLayer, Tink, Plaid and 17 more. We make payments and refunds instant, account data accessible and verification seamless — all so innovators in every industry can build better financial experiences for their users. Purchasing an office space could be a good long-term business investment, providing an asset that could grow in value over time. With this, the company has earned the status of a unicorn with a post-money valuation of more than $1B (approx €852. What is TrueLayer revenue?TrueLayer £4. Example: Sort Code Checker. Direct access to payment systems for. TrueLayer has also recently stated that their Payouts product has reached a 99. 7M and together serve more than 3B customers and employ over 5K team members. Worked with my team on technical implementations of new features. 5 out of 5. Businesses big and. Easy bank payments are safer and more secure than card payments. Founded in 2016, TrueLayer is connected to major banks across the world, backed by leading venture capital, and trusted by. Who is TrueLayer? TrueLayer is a global Fintech enabling the future of open banking and financial services through our API platforms (currently Data & Payments). 8M over 7 rounds. Customer lifetime value. myCOI. It comes hot on the heels of TrueLayer’s collaboration with Incredible, a UK credit management app, to provide VRPs to the app’s customers. 7. AI has unlocked many. TrueLayer is ranked 1st in Open Banking Platforms while Yapily is ranked 2nd in Open Banking Platforms. io. M2P has 50 active competitors and it ranks 1st among them. Solutions. TrueLayer is a lean-in to the future, a modern solution. Jamie Morton/TrueLayer. We selected TrueLayer for its coverage and world-class open banking technology to further support our global customer base. Learn how to build a simple use case with our “Instructions for a simple balance retrieval app”. Empower your team by choosing the best TrueLayer. 2023. TrueLayer so far this year has doubled its customer base, picking up some key customers like Cazoo to enable open-banking-based payments for cars; and it has processed “billions” of dollars in. It helps startups and banks to drive products in financial services and supports account verification, know-your-customer (KYC) processes, and transactional data for account aggregation, credit scoring, and risk assessment. Harry Boisseau, CEO. TrueLayer employees have not provided insight into their understanding of TrueLayer's KPIs and OKRs. Creating a Payment 💸. Stripe Connect. ly rates 4. TrueLayer offers an open banking payments network. By Eric Johansson. Start-ups. Crezco doesn’t exist in a vacuum. Por ejemplo, cuando un usuario intenta conectar su cuenta bancaria a una herramienta de planificación financiera o un sitio de verificación. io. LONDON--(BUSINESS WIRE)--TrueLayer, Europe’s leading open banking platform, today announced it has secured a $70m Series D investment round led by new investor Addition. start-up,. merchant_account. Top Competitors of TrueLayer Railsbank 200 $42M 1 Modulr Finance Ltd 132 $68. Accept and send instant bank payments in any app or website. 5 out of 5. TrueLayer’s primary competitors include Tink, Yapily, Plaid and 12 more. via Email TrueLayer was an active participant in the discussions to form these standards, and we have built our EU API connections in accordance with them. In April 2022, for example, it became the first open banking provider to support various recurring payment options through one API. (Note: TrueLayer is able to act both as a Technical Service Provider and a Principal Third Party Provider. By using TrueLayer’s open banking API we get the best of both worlds – there’s a simplified in-app deposit flow, but with cost-effective processing. Last updated 2 months ago. Total funding of the company - $141. com , with 1. Joe is also an exemplary leader, exhibiting 'servant leadership' traits which empower his teams (and the individuals within them) to succeed and grow. This helps us to onboard new customers quickly while. If you have any questions please create a ticket on our Help Centre and we will be in touch as soon as possible. 18 of its competitors are funded while 1 has exited. Built and launched a new Android app for customers that now has 100K+ downloads and 4. True layer is building financial apps that connect to bank data verify accounts and access transactions in real time read more. Payments are then initiated automatically on a regular basis. 24 Oct 2023. In 2022, TrueLayer had around 440 employees; however, the firm plans to lay off 10% of its workforce due to challenging market. 5 out of 5. 373. TrueLayer maintains uniqueness in the Fintech industry. Streamline onboarding with a single payment. It was founded in 2016 and is based in London, United Kingdom. TrueLayer Support Team. European open banking platform TrueLayer and Singapore-based FinTech and global cross-border payments platform Thunes are teaming up to make it easier for U. TrueLayer was founded in 2016 with the vision of revolutionizing the financial industry through open banking, providing secure and seamless access to financial data to drive innovation and improve customer experiences. Truelayer. UK-based open banking startup TrueLayer raised $130 million, giving it a $1 billion valuation, per TechCrunch. This gave customers greater visibility and control over spending and budgeting. See the full list of Bud alternatives and competitive updates on Owler, the world’s largest community-based business insights platform. This AI startup helps firms like TrueLayer and CurrencyCloud meet their revenue targets. TrueLayer is an England-based open banking platform that provides services including payment processing and payout management for industries such as E-commerce and crypto. , Quovo, Instantor, Flinks, Factris, Finicity, Xignite, Private Client Resources LLC,. The business landscape is buzzing with companies unveiling their rebrands. 17 customers. com is ranked #14 in the Finance > Financial Planning and Management category and #22180 Globally according to March 2023 data. 5 out. Verification. Open banking platform TrueLayer is linking up with financial superap Curve to provide a platform for customers to give more control and. Bank selection. TrueLayer £4. A connection represents your user's consent for data access and authentication with their bank. Get the latest business insights from Dun & Bradstreet. Responding to this challenge, TrueLayer has released its own thinking on how ‘commercial VRP’ should be designed. It helps startups and banks to drive products in financial services and supports account verification, know-your-customer (KYC) processes, and transactional data for account aggregation, credit scoring, and risk assessment. TrueLayer overall culture is rated A+ based on 54 ratings from 6 TrueLayer employees. 4 billion. You can only remove TrueLayer branding if you are independently regulated by the FCA as an AISP or PISP, in which case we act only as a Technical Service Provider. We have compiled a list of solutions that reviewers voted as the best overall alternatives and competitors to IEX Cloud, including Stripe Connect, Merge, Amplify Platform, and fixer. I wish all payments were this easy! TrueLayer has allowed me to Top up my Revolut & Nutmeg accounts so much faster than before. She brings a strong people management capability - providing structure, direction and team development. tink is ranked 3rd in Open Banking Platforms while TrueLayer is ranked 1st in Open Banking Platforms. Stripe has participated in a $130 million (€110. See our list of best Open Banking Platforms vendors. Top 10 alternatives to TrueLayer includes IntelliJ IDEA, CBO, PHPRunner, Unity, GitLab, Blink Mobility, Sigma, Qt Application, CodeLobster IDE AND CLion. General rules: Code, design, sketch, write or imagine something cool. 201 to 500 Employees. Integrating with TrueLayer. TrueLayer's latest funding round was a Series E for $130M on September 21, 2021. 3% success rate in the country, along with a coverage of over 93% for instant payments. Contact Email info@trustlayer. Bud competitors are Fabrick, Plaid, Tink, TrueLayer, Budget Insight, and Yapily. نوفمبر ٢٠٢٢ - الحالي عام واحد شهر واحد. You could be trying to get a. Ask the user to select their provider (bank). Follow. Take a look at references from similar vendors. GoFundMe is a provider of a social fundraising platform. Stripe Connect. 6sense uses advanced data mining and AI algorithms to track customers and competitors of TrueLayer and 40,000 other technologies on the internet. Founded in 2016. Since the standards in Europe are generally less prescriptive than the UK’s Open Banking standards, there is a lot of complexity in normalising bank-specific behaviour, even within the same standard. TrueLayer References Capped? Access even more references from these marketplace competitors. TrueLayer is a global open banking platform that makes it easy for anyone to build better financial experiences. TrueLayer Alternatives & Competitors for Small Businesses (38) 4. Responsibilities: - Develop new backend functionality for Haven OnDemand Big Data cloud platform as well as maintain existing code (NodeJS). We also work with certain third parties: Cardlytics UK Limited (Cardlytics) who act as our data processor and TrueLayer Limited (TrueLayer) who act as a service provider and separate data controller. The new payment method is. 1 review. Optimized for quick response. g. We power smarter, safer and faster online payments by combining real-time bank payments with financial and identity data. At TrueLayer, we believe that this change will be driven and carried forward by developers for their users. Their latest funding round was of $130M on Sep 21, 2021 . instruct TrueLayer to initiate a payment of your chosen amount to your chosen recipient, details of which will be clearly displayed on the account selection page. The Competition and Markets Authority has mandated the UK’s nine largest banks to provide variable recurring payments (VRPs) that support the automatic transfer of money between two accounts belonging to the same person. If you seem like a good fit, you’ll have a chat with your Talent Partner so we can learn a bit about you. Get real-time access to account, balance, transaction, and identity data using open banking AIS. Amazon Pay makes it simple for hundreds of. TrueLayer Limited (“TrueLayer”, “we” or “us”) is committed to protecting the privacy and security of your personal data. Offer instant payments with round-the-clock support and performance tracking data. We enable fintech innovators to seamlessly connect to their customers’ bank accounts to initiate real time. “Our integration will benefit our clients by providing them with the most innovative modern infrastructure to. ⭐ Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more. Electronics retailer Maplin has gone live with the app, with further partners to be announced soon. Do you need software like TrueLayer that works for a small business? Reviewers often noted that they're looking for Financial Data APIs solutions that are top rated and easy to use. The company registration number is 10278251, It’s main line of business activity is Other information technology service activities, and the company is listed as Active. Integrating with TrueLayer was seamless – they’re an agile company with a nice, smart team that’s easy to work with. They are excited to make finance more accessible by. The UK’s nine largest banks have been mandated by the Competition and Markets Authority (CMA) to implement sweeping VRPs for their customers. Their platform enables businesses to access and use financial data from their customers' bank accounts, allowing them to build innovative financial products and services. Cat was a member of the programme leadership team focused on leading the process and policy change across 70+ countries. Rogge sees Crezco's fraud prevention tech as a differentiator, among other capabilities. TrueLayer (38) 4. Paiak Vaid is a high-growth tech leader operating at the intersection of Product and Commercial. Last updated months ago. It will help them with their customer verification process, and can use the payment initiation feature. Company Size. Compare Computershare versus TrueLayer for CEO Rating, Overall Culture Score, and more on Comparably. TrueLayer is a leader in the open banking and fintech space. Both Plaid and TrueLayer are considered part of a new, disruptive revolution in finance called “open banking,” which seeks to. Cobase Analyst Briefing Submitted Cobase provides a multi-bank payment platform. By using TrueLayer’s open banking API we get the best of both worlds – there’s a simplified in-app deposit flow, but with cost-effective processing. com in 84% of the timeBud's top competitors include TrueLayer, Tink and Liberis. Financial Transaction Processing. TrueLayer is committed to serving the payments needs of businesses and consumers, and is leading the way in consumer research and user experience (UX) design — our most recent findings are published in our 2023 Payments experience playbook. They also settle in real time and are a cost effective alternative to debit and credit cards. It was founded in 2016 and is based in London, United Kingdom. Wise, formerly TransferWise, from the company of the same name headquartered in London, provides international accounts and payment solutions for businesses. Sweeping is the automatic transfer of money between a customer’s. Founded by Francesco and Luca, and. followers. Set the scene TrueLayer is at the forefront of the open banking payments network, […]TrueLayer has an overall rating of 4. UK-based TrueLayer is authorised to operate on Australian soil as an Accredited Data Recipient by the Australian Competition and Consumer Commission. TrueLayer 's top competitors include Cobase, Finqware, and Volt. Importing PayDirect API File: Open Insomnia Core and go to the Preferences menu, then open the Data tab. We have compiled a list of solutions that reviewers voted as the best overall alternatives and competitors to Instant Bank Verification, including Stripe Connect, Merge, Amplify Platform, and fixer. on LinkedIn Share Open banking platform Bud raises $80M. Verify your customer’s account details and ownership in seconds using their bank app. Designed the architecture for Android apps with MVVM. EMPLOYEE PARTICIPANTS. The solution. TrueLayer offers an open banking payments network. 5. TrueLayer's latest post-money valuation is from September 2021. Who is TrueLayer? TrueLayer is a global Fintech enabling the future of open banking and financial services through our API platforms (currently Data & Payments). TRUELAYER (IRELAND) LIMITED Company Profile | Dublin, Ireland | Competitors, Financials & Contacts - Dun & Bradstreet Find company research, competitor information, contact details & financial data for !company_name! of !company_city_state!. It helps startups and banks to drive products in financial services and supports account verification, know-your-customer (KYC) processes, and transactional data for account aggregation, credit scoring, and risk assessment. The funding round is a big plus for the fintech startup, TrueLayer, and at the same time, it acts as a vote of confidence. Build financial apps that connect to bank data, verify accounts, and. Read More. TRUELAYER LIMITED Company Profile | LONDON, United Kingdom | Competitors, Financials & Contacts - Dun & Bradstreet. Existing investors including firstminute capital, The Raba Partnership, CRE Venture Capital and Village Global also participated, as did a number of prominent fintech founders from Chipper Cash, Quovo and Unit. The company intends to use the funds to charge the mainstream adoption of open banking payments through industries like ecommerce and subscriptions. — TrueLayer (@TrueLayer) August 2, 2023 The integration implies that users can now enjoy faster payments, with funds swiftly deposited into their CMC Markets accounts. The position of the Co-Founder & CEO is occupied by Francesco Simoneschi. YouGov Finance Limited is acting as an agent of TrueLayer, who is providing the regulated Account Information Service, and is Authorised and Regulated by the Financial Conduct Authority. Type: Company - Private. Damon Roberts, Product Manager. Reduced Service Cost: Customers benefit from this because of competition in the market. At the time of the announcement in February this year, Nick Tucker, head of financial services at TrueLayer, called VRPs “a step change in debt management”. TrueLayer was founded in 2016 by serial entrepreneurs, Francesco Simoneschi and Luca Martinetti. TrueLayer Competitors and Alternatives We don't have enough ratings and reviews to provide an overall score. TrueLayer, the global open banking platform, today announced two expert technical hires in Australia as part of its continued expansion in the APAC region. Lean is a fintech platform providing a universal API that unlocks critical infrastructure across the MENA region. Last updated months ago. For V erification. The annual revenue of TrueLayer varies between 5. Requirements: You need to be regulated by the FCA under PSD2 as an Account Information Services Provider or Payment Initiation Service Provider, depending on your use case. Based on reviewer data you can see how Velexa stacks up to the competition and find the best product for your business. 9M). Binance has partnered with new entities for euro transactions following the cessation of services by its former fiat collaborator, Paysafe. Plaid, Stripe Connect, MX, and TrueLayer are the most popular alternatives and competitors to Flinks for reviewers from smaller sized companies. GoFundMe. “. To make sure consumers also adopt open banking payments at checkout, when in competition with cards and other methods, the user experience should be frictionless and inspire trust. Legal Name TrustLayer, Inc. TrueLayer and NatWest make the first Open Banking VRP transaction. The company registration number is 10278251, It’s main line of business activity is Other information technology service. Cat has deep global process and technology expertise. 750: $157. Answer a few questions to help the Synapsefi community. TOTAL. He has previously held strategic product roles at Deloitte Australia,. Open. Compare TrueLayer to Competitors. Our coverage is constantly growing across Europe. Unlock unparalleled insight into the spending behaviour and demographics of a brand's customer base. Financial Transaction Processing. Interview. TrueLayer has 196 active competitors and it ranks 2nd among them. Breaking. Because open banking is significantly cheaper than cards, merchant demand is already high. Salaries, reviews, and more - all posted by employees working at TrueLayer. You should now see a TrueLayer PayDirect folder folder with the paydirect endpoints. Read use cases, approaches & end results from real customers, including 3 videos & reviews, 29 testimonials, customer stories, &. Please reach out to our Sales team by completing the relevant form: For Payments. Relevant laws and regulation; Third party providers and services restrictions. It helps startups and banks to drive products in financial services and supports account verification, know-your-customer (KYC) processes, and transactional data for account aggregation, credit scoring, and risk assessment. We believe that, in the future, bank-to-bank transactions could even surpass. 2 employees at TrueLayer have rated the professional development a 90/100, placing it 2nd among its competitors. Add company. The Competition and Markets Authority has mandated the UK’s nine largest banks to provide VRPs that support the automatic transfer of money between two accounts belonging to the same person, referred to as ‘sweeping’. Back. TrueLayer competitors include Computershare. News; Compare Business Software.