Interchecks and Mastercard have formed a collaboration to advance account-to-account (A2A) payments, combining the former’s Pay by Bank solution with the Open Finance capabilities of Mastercard. The partnership will see Interchecks utilise Mastercard's Open Finance verification and network reach to increase the Pay by Bank accessibility in new markets and for various use cases. It is said to target key payment challenges such as decreasing failed subscription transactions, offering quicker and more adap ...