BankingBusiness

Manchester Credit Union: Offers real time payments via ClearBank

  • ClearBank announced it enabled real-time payments for Manchester Credit Union members
  • With ClearBank providing direct access to Faster Payments via incuto’s banking technology platform
  • Manchester Credit Union able to offer viable and equitable banking services to the community of Manchester
  • The economic fallout of the pandemic has left more UK consumers needing quick access to cash
  • Direct access to Faster Payments via ClearBank and incuto means these payments are now processed
  • The partnership also helps to bring down the cost of accessing Faster Payments to Credit Unions
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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