Steffen Vollert, CTO & Co-founder, Volt

The potential for Variable Recurring Payments (VRP) to transform the payments landscape has grown since the UK Competition and Markets Authority issued a mandate of VRP for Sweeping in July. In November, the very first Open Banking VRP Hackathon focused on just how VRP will shape the payments ecosystem, looking to define the role that banks and PISPs will need to play. Robin Amlôt of IBS Intelligence speaks to Steffen Vollert, CTO and co-founder of Volt about the coming of VRP.