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Why 2022 is the year of the VRP
In this episode of Unplugged, TrueLayer’s senior product manager Matt Parish tells Open Banking Expo’s Ellie Duncan about the opportunities for fintechs and banks from the Competition and Markets Authority’s decision last year to mandate VRPs for sweeping. Recorded before the CMA pushed back the deadline for the implementation of VRPs to July 2022, from January, he explains what benefits businesses and consumers are likely to reap, and what the UK needs to do to make its mark in open payments.
Matt Parish
Matt Parish
Recurring Payments Lead, VRP TrueLayerMatt Parish is Recurring Payments Lead at TrueLayer, and has been working on Open Banking since 2018. He’s passionate about sweeping, and the massive changes that Variable Recurring Payments are going to bring to consumers in the UK. Before working for TrueLayer he worked for Mettle by Natwest, and for Capco.
Ellie Duncan
Ellie Duncan
Head of Content Open Banking ExpoFormer Financial Times Group journalist Ellie Duncan has a decade of experience across financial services. While arguably best-known for her asset management work, she has also covered open banking, credit, private equity and entrepreneurship.
