JS Group have developed one of the leading platforms to support issuance of student bursaries. They have integrated Payit by NatWest into their Aspire platform to improve the ‘last mile’ of this service – the payment - to support a better student & university experience.
With the help of Payit and Aspire Cash, students are able to receive funds near-real time and flexibly select which account to draw funds to. Universities can operate more efficiently and cost effectively with staff no longer having to manually collect, verify and process student bank details, reducing administrative tasks and data burden.
Payit by NatWest and JS Group – An Open Banking case study
Entered in: Open Banking
Submission by:
