Payments firm Unzer has debuted a pay-by-bank tool in conjunction with Mastercard. Unzer Direct Transfer, announced by the Berlin-based company Thursday (Feb. 27), is an open banking-powered method that lets consumers pay directly from bank accounts without needing a credit or debit card. “With Unzer Direct Bank Transfer, we’ve launched a simple and trustworthy payment method based on Mastercard’s open banking infrastructure,” Timo Seifert, the company’s director of product, said in a news release

Payments firm Unzer has debuted a pay-by-bank tool in conjunction with Mastercard. Unzer Direct Transfer, announced by the Berlin-based company Thursday (Feb. 27), is an open banking-powered method that lets consumers pay directly from bank accounts without needing a credit or debit card. “With Unzer Direct Bank Transfer, we’ve launched a simple and trustworthy payment method based on Mastercard’s open banking infrastructure,” Timo Seifert, the company’s director of product, said in a news release

Unzer, a leader in payment and software solutions, is pleased to introduce its new AI-powered assistant, UnzerGPT. The new tool allows employees to utilize AI capabilities while ensuring strict data security and compliance. In addition to general AI usage, UnzerGPT has been trained with internal company data, allowing it to handle both general and internal inquiries. In the first few weeks since its launch, nearly 100,000 messages have been exchanged, and 80% of Unzer employees have used the tool at least once.Niv Liran, Chief Product and Technology Officer at Unzer, shared: “By integrating a Large Language Model-based AI with a secure platform, we’re enabling employees to use advanced technology while ensuring data remains protected. UnzerGPT provides fast answers and adapts to our specific needs, helping our teams in their daily tasks. The wide adoption and positive early feedback have been extremely encouraging, and we look forward to seeing how it continues to enhance our operations.”AI-Driven Risk Management Reduces FraudUnzer is also leveraging AI beyond internal tools to improve payment security for merchants