ClearBank unveils expanded account and payments services to transform transaction banking for modern businesses

• ClearBank enhances its banking, payments, and clearing capabilities to deliver core transaction banking solutions tailored for corporate clients
• The expansion responds to increasing demand for real-time payments and embedded banking across industries such as travel, hospitality, payroll, and technology
• Builds on ClearBank’s established success, serving over 250 clients and supporting more than 10% of UK SMEs through its embedded banking partnerships

ClearBank, a leading enabler of real-time clearing and embedded banking, has announced the expansion of its next-generation banking and payment services to corporate businesses across the UK, marking a significant step in its strategic growth plan.

Despite the rapid digitisation of retail banking, corporate transaction banking has often lagged behind, constrained by outdated infrastructure and batch-based processing systems. Traditionally, account and payment services have been bundled into broader offerings centred on higher-margin products such as credit and trade finance, leaving businesses with complex operational setups. This has increased overheads due to manual reconciliation, fragmented payment processing, and slower tracking, leading to higher error rates.

ClearBank is tackling these challenges with its proven approach, providing corporates with robust, reliable, real-time, and API-driven access to payments and accounts. Unlike traditional transaction banks, ClearBank’s model focuses exclusively on enabling seamless payment flows rather than offering loans or credit-based products. The bank currently supports more than 10% of the UK SME market via embedded partnerships with providers like Capital on Tap and Tide, managing billions in deposits and processing millions of transactions daily.

This expansion into corporate sectors that handle high volumes of payments — including travel, hospitality, payroll, and technology — will allow businesses to benefit from end-to-end real-time payment processing, integrated workflows, and enhanced operational efficiency. These capabilities will enable organisations to deliver fully digital customer experiences and unlock new opportunities for innovation and growth.

Real-time transaction banking services that boost operational efficiency

Recognising that traditional methods are no longer fit for purpose, ClearBank offers resilient, reliable real-time payments, ensuring funds are transferred efficiently with API-based connectivity to Bacs, CHAPS and the Faster Payment System (FPS).

This provides businesses with timely access to information that supports better-informed decision-making, while enabling them to modernise their payments and account processes. As a result, it frees firms to focus on building new capabilities and driving innovation, rather than simply managing costs.

Deepening customer engagement through Embedded Banking

Innovative businesses across multiple sectors are examining how to embed financial services into their brand experience to deliver further operational efficiencies, enhance customer experiences, and generate new revenue streams.

Having already supported B2C fintech brands, including Chip and Raisin, alongside SME-focused firms such as Capital on Tap and Tide to deliver innovative new customer touchpoints, boost retention, and enhance brand loyalty, ClearBank is leveraging this expertise to empower corporate innovators.

ClearBank’s Embedded Banking proposition gives businesses the tools to create seamless new experiences for their customers through embedded payments, embedded bank accounts, and embedded savings accounts.

By building on top of a regulated bank’s proven infrastructure, businesses can deliver compliant services and features, such as protection on eligible deposits, without incurring the substantial cost of applying for a banking licence. It also means brands don’t need to compromise the quality of their services by partnering with non-bank accounts and multiple providers.

Emma Hagan, Chief Executive Officer at ClearBank UK, said: “The digital transformation in the broader economy has shifted expectations, and a one-size-fits-all approach to transaction banking is no longer fit for purpose. ClearBank has helped power the UK’s financial revolution, delivering speed, transparency, and reliability for financial services providers. We’re now bringing that proven model to corporate businesses, giving them the tools to move beyond outdated legacy banking processes and create new opportunities to engage with customers.

“This is a significant moment for both ClearBank and UK businesses, as we partner to deliver real-time payments and banking to support growth, efficiency, and transformed customer experiences.”