EDC Podcast Ep38: Fliss Berridge, Co-founder at Ordo, Building an Open Banking Payments-as-a-Service platform, Current Status of Variable Recurring Payments and the Future Open Banking Entity

EDC Podcast Ep38: Fliss Berridge, Co-founder at Ordo, Building an Open Banking Payments-as-a-Service platform, Current Status of Variable Recurring Payments and the Future Open Banking Entity

Martin Koderisch
May 29, 2024

About This Episode

This week we speak with Fliss Berridge, co-founder at Ordo - a UK fintech offering fully managed and white labelled open banking enabled payments services.

The company was founded by the former management team of the UK’s Faster Payments Scheme back in 2018 with a mission to use open banking payments to provide businesses with an alternative to card payments and direct bank payments.

In our conversation we discuss the latest developments in UK Open Banking, focusing on recent announcements by the JROC - Joint Regulatory Oversights Committee - on both commercial VRP-enabled services  - that is Variable Recurring Payments, and the future Open Banking entity.

Some amazing insights here to bring you right up to date with UK Open Banking.

And before we dive into the conversation, I just would like to add that this is actually the last EDC podcast that I will be hosting. I will be moving on and handing you over to the rest of the EDC team for the next episode. So with that out of the way, let's get straight into the conversation with Fliss Berridge from Ordopay.

 

Listen to the episode

Episode Links

https://ordopay.com/

https://www.linkedin.com/in/fliss-berridge-07a05b84/

Guest Bio

Fliss started out as a professional musician, playing in orchestras by day, and eventually, re-training  to become a lawyer in the evenings. Fliss worked for several years in private practice as a corporate and commercial lawyer with City firms, and moved in-house in 2013 to work across all the payment systems in the UK. She then became the Head of Legal, Regulatory and Corporate Governance for Faster Payments and Paym.

Following the consolidation of the UK payment systems into Pay.UK, Fliss co-founded a FinTech, Ordo, to provide Open Banking payments as a service. Ordo’s fully managed and white labelled customisable open banking-enabled payments services provide businesses with low cost, highly secure, real-time and easy to use Request to Pay, e-commerce, Point of Sale/QR Code, invoice and contact centre payments direct from their customer’s bank accounts into their own bank accounts for both single and recurring payments.

At Ordo, as a founding shareholder and Executive Director, Fliss is jointly responsible for leading the business generally, and also covers Policy, Legal, Regulatory, Corporate Governance and HR.

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This article is part of Leaders in Payments & Fintech, a podcast and newsletter bought to you by EDC. Join me and follow Leaders in Payments & Fintech today on Apple, Spotify, or your favourite podcast app for conversations with today’s global leaders in payments and Fintech.
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