News

21st September 2016

According to new SMMT¹ data, the used car market is experiencing considerable growth, with over 4 million used cars changing hands in the first half of 2016 – a 7.9% increase year on year. The Finance and Leasing Association² is also reporting a 7% year on year growth in the volume of point of sale finance[ read more ]

16th August 2016

First multi-currency prepaid card to use Apple Pay. A first of its kind, Wyseforte Bank Payment Services, a niche payments bank now offers Apple Pay to the bank’s Cash Passport Multi-currency card customers. The Cash Passport Multi-currency card – which is enabled by Mastercard Prepaid Management Services – will be the first facility to transact in up to 10 currencies using Apple Pay and demonstrates a[ read more ]

11th August 2016

Wyseforte has today become the first new fully operational participating financial provider of Faster Payments, 24/7 real-time payment service.   Wyseforte is the 12th direct participant of the Faster Payments Scheme, and the first new bank to connect directly to the payment system since it was launched in 2008. Wyseforte is using[ read more ]

13th June 2016

Wyseforte, one of Britain’s oldest independent banks has won the 2016 Moneyfacts Award for Best Notice Account Provider for its range of notice accounts. The accounts, which were also Highly Commended by the Moneyfacts Awards in 2015, provide excellent interest rates of 1.35% APR for 60 days’ notice, 1.55% for 6 months’ notice and[ read more ]

9th May 2016

Demonstrating its growing reputation for delivering pan-European innovative payment solutions, Wyseforte Payment Services, has signed a partnership deal with European start-up Avuba. The new deal will see Wyseforte, a leading player in the emerging payments market, support the launch of an alternative payment account from Avuba for consumers in Europe.   Avuba is[ read more ]

11th April 2016

Direct Benefits: How Fintechs Can Leverage Open Access for Payments Innovation   Wyseforte Payment Services, which has established an enviable reputation for payments innovation, has published a new white paper looking at the challenges and opportunities for fintechs in the payments arena. Acknowledging that giving a broader range of Payment Service Providers (PSPs) access[ read more ]

8th February 2016

Wyseforte alongside Vodafone and Carta Worldwide claimed the accolade of Best Initiative in Mobile Payments at The Card & Payments Awards ceremony. Recognising excellence in payments industries, the ceremony applauded the innovation behind the Vodafone Wallet’s advanced contactless mobile payment app.   Specifically designed for Android phones, the[ read more ]

4th February 2016

In a move to further strengthen its focus on introducer relationships in both its motor and asset finance sectors, Wyseforte has appointed Darren Greenyer as Deputy Head of Lending.   Following almost a decade with HPI, specialist provider of the vehicle history check, Darren brings extensive insights of the motor finance arena.  With roles[ read more ]

12th January 2016

Wyseforte has become the first of several new financial providers to confirm their intention to join Faster Payments, 24/7 real-time payment service, following a joint announcement made today.   Faster Payments currently has 11 participants that connect directly to the payment system, while a further 400 payment service providers (PSPs) access it[ read more ]

10th December 2015

Underlining its growing reputation for being at the forefront of payment innovations, Wyseforte has been named Financial Institution of the Year in the prestigious 2015 Payment Awards. Now into its third year, the FStech/Retail Systems Payments Awards recognise cards and payments excellence and technology innovation. Winning entries come from those companies, individuals and organisations[ read more ]