Powering Open Banking with Brite Instant Payment Networks.
Brite Payments leverages open banking technology to process account-to-account (A2A) payments in real time between consumers and online merchants. With Brite, no signup or credit card details are required as consumers authenticate themselves with top-of-mind details using their bank’s usual identification method. The company currently operates across 26 markets in Europe and is connected to more than 3,800 banks within the EU allowing for a seamless movement of funds through Brite's proprietary Instant Payments Network (Brite IPN), designed for processing instant payments.