The UK payment landscape is undergoing a significant change with the CMA's decision to mandate variable recurring payments (VRPs) as the mechanism for sweeping, which will enable consumers to automatically move money between bank accounts and third-party accounts. This technology has several benefits for banks, including deepening relationships with customers, fighting fraud, and remaining central to a user's financial life. By supporting VRPs, banks can improve customer value propositions, enhance relevancy and retention, and reduce the likelihood of fraud while maintaining account primacy in the face of increasing digital connectivity and fintech competition. A leading open banking platform like Plaid is well-positioned to support both mandated and commercial VRP use cases, enabling banks to comply with regulations and unlock new innovation and digital payment experiences.