London-based financial technology provider payabl. has partnered with ClearBank, a UK clearing and embedded banking platform, to expand its payment services and improve security for businesses operating in the country.

The partnership enables payabl. to offer access to all major UK payment schemes, Faster Payments, BACS, and CHAPS, allowing real-time transactions in pounds sterling.

It also incorporates Confirmation of Payee (CoP), a system that helps prevent fraud by verifying recipient details before payments are processed.

The integration supports the growth of payabl.’s Business Accounts offering, as the firm aims to help UK businesses navigate an increasingly complex payments environment.

Both companies emphasise a shared interest in modernising financial infrastructure, with a focus on modular technology, cloud-native platforms, and API integration.

Kristaps Zips, UK CEO of payabl., said:

“At payabl., we believe strong partnerships drive the best innovations and benefits for customers. Our collaboration with ClearBank embodies this, integrating their services into our platform to enhance choice and security for UK customers. We look forward to expanding this partnership further to help businesses better serve their customers with fast, flexible, and secure payments.”

John Salter, Chief Customer Officer at ClearBank, added:

“We are pleased to be working alongside payabl. to allow them to power their Business Accounts offering, and we are proud that we can help more companies experience the unique power of the ClearBank platform. We are equally committed to ensuring we are building and evolving services to strengthen the payments industry for the future, and so this is an exciting collaboration.”

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