Nationwide – the world’s largest building society – is an investor in Form3, and also announced a cloud-based payments project with the paytech firm in mid-2021.
Through a series of phases, which launched in 2022, Nationwide will migrate all types of retail payments from an on-premise platform to the Form3 cloud.
Based on an account-to-account (A2A) platform, the Form3 solution connects Nationwide to UK payments schemes such as Faster Payments and BACS.