Commercial Solicitors

Myerson Solicitors assisted with a transformative collaboration between two industry leaders, AperiData and PayPoint. This groundbreaking partnership marks a significant milestone in the evolution of the UK's Open Banking offerings, setting the stage for the modernisation of the Consumer Credit scoring market through real-time data integration.

Stephen Ashworth, Chief Executive Office at AperiData, said:

"At a time when the cost-of-living crisis continues to impact millions of consumers, and regulatory focus increases on their fair treatment, this partnership with PayPoint allows us to ensure our joint clients have the services they need to ensure good customer outcomes. Chris, Carla and the rest of the Myerson team's detailed compliance knowledge and support was instrumental in helping us create this partnership." 

AperiData's forward-thinking approach combines the power of Open Banking data with PayPoint's expertise in payment and retail services, enabling organisations to serve their customers digitally, with unparalleled accuracy and in real-time. By doing so, this strategic alliance extends the accessibility of appropriate and affordable financial solutions to underserved communities, ushering in a new era of financial inclusion.

Carla Murray, Head of Commercial at Myerson working with AperiData, said:

"This partnership demonstrates an unwavering commitment to digitising affordability calculations, precisely when they are needed most during the ongoing cost of living crisis in the UK. It was a pleasure to be able to support Aperidata on this matter. Chris Moss [(advisor on Bank of Dave)] and I worked collaboratively with PayPoint's compliance team to ensure both parties were able to navigate the complex regulatory and data issues Open Banking and data sharing of this nature entails."

By embedding AperiData's Credit Referencing and Open Banking capabilities into PayPoint's leading Payment services, clients gain a comprehensive understanding of their financial landscape. This seamless integration empowers businesses to streamline operations, reduce paper dependency, and ultimately achieve improved consumer outcomes.

Myerson Solicitors recognises the transformative impact this alliance will have on the financial services landscape. The forward-looking approach of AperiData and PayPoint promises to empower businesses to revolutionise customer experiences, enhance operational efficiency, and contribute positively to the financial well-being of communities across the UK.

Myerson Solicitors assisted a Manchester-based start-up, H2Origin, in designing and developing the contract which will establish the structure of its key partner relationships. With the help of Myerson’s Commercial Team, H2Origin has finalised an equitable contract model that is a key selling point.

H2Origin, founded in 2022, is on a mission to reduce single-use plastic waste. With an ever-increasing focus on wellbeing and sustainability, more of us are carrying refillable water bottles, but the infrastructure to support refilling is still lagging way behind.  H2Origin’s water vending kiosks triple filter and chill water, providing a premium, and sustainable alternative to buying chilled bottled water.

Dominic, from H2Origin said:

‘H2Origin Ltd has a simple, but hugely important mission – To reduce the colossal environmental impact of imported bottled water by bringing chilled, filtered H20 originating from sources across the UK directly to your refillable water bottles. An early priority for the business was to develop a managed service contract model which facilitated the installation of our water vending kiosks in high footfall locations, such as visitor attractions, shopping centres, universities and work hubs.

Carefully working through the key objectives with the Myerson’s Commercial team, we've arrived at a clear and equitable contract model which is a key selling point as we gain traction in the market. As a client, I found the process well considered, efficient and excellent value - just what's needed for a start-up!’

As the concept of refilling and reuse become mainstream, H2Origin views its innovative commercial approach as being one of the fundamental strengths of its proposition, building interest and engagement with Building and Facilities teams committed to improving hydration facilities and reducing plastic waste as part of ESG strategies.

Richard Meehan, a Senior Associate in Myerson’s Commercial Team, stated:

‘H2Origin approached Myerson with the objective of developing a suitable form of model agreement for use between H2Origin and its clients, the owners of the properties at which its water dispensing vending units will be installed.  We have supported H2Origin with the assessment of potential alternative contracting models, identifying and analysing legal risks associated with the proposed operations, and the preparation of model contract documentation. 

I was delighted to have the opportunity to support Dominic with this innovative new business, particular since its environmentally sustainable ambitions align with Myerson’s own ESG objectives.  From a personal perspective, having worked on a range of concession/ vending machine agreements over the years, but predominantly from the perspective of the property owner rather than the operator of the machines, it has been good to use my prior experience to provide practical commercial insight into the arrangements, which has influenced the drafting of the model document.’