London-based Vyne, which works with merchants to build open banking payment services, raises $15.5M seed from Hearst and others (Ingrid Lunden/TechCrunch)

London-based Vyne, which works with merchants to build open banking payment services, raises $15.5M seed from Hearst and others (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
London-based Vyne, which works with merchants to build open banking payment services, raises $15.5M seed from Hearst and others  —  Open banking — a new approach to payments and other financial services that disrupts traditional card-based infrastructure by linking directly into banks — is having a moment.