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Archive for September 2021

Insight: Dismantling obstacles on the road to success

By Tim Waller | 9 September 2021

Token’s head of legal and policy Tim Waller writes about why the industry needs to increase awareness of Open Banking services and the problems they solve.

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Yolt to close smart money app to focus on YTS

By Ellie Duncan | 9 September 2021

The decision to shut down the consumer-facing app is part of a repositioning and will allow it to focus resources on its Open Banking platform Yolt Technology Services.

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PayPal pays $2.7bn to acquire Japan’s Paidy

By Ellie Duncan | 8 September 2021

The acquisition boosts PayPal’s presence in the country, where it said Paidy had ‘pioneered’ BNPL solutions tailored to the Japanese market.

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Experian collaborates with fintech OBR to support SMEs

By Ellie Duncan | 8 September 2021

Partnership sees Experian power OBR’s flagship product OpenRep, an ‘early warning system’ for SME owners and lenders.

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Mastercard expands Open Banking reach with deal to buy Aiia

By Ellie Duncan | 8 September 2021

Mastercard said that the addition of Aiia will ‘anchor’ its European Open Banking efforts.

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TrueLayer hires ex-Klarna exec for payments role

By Ellie Duncan | 8 September 2021

Mariko Beising has been named head of payment partnerships at the Open Banking platform.

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Tarabut Gateway launch Open Banking payments with ‘TG Pay’ in MENA

By OpenBankingExpo | 7 September 2021

The technology is already being deployed and implemented by regional banks.

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Insight: Banks and the issue of non-standard ID

By Harry Hughes | 6 September 2021

Banks and financial services firms must adopt a shift in mindset from viewing non-standard ID as an obstacle into an opportunity, writes Harry Hughes of the Lending Standards Board.

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UK to host world’s first VRP hackathon

By Ellie Duncan | 3 September 2021

Ozone API, Open Future World and UK Finance have partnered to host the hackathon from 13 September for four weeks, to test potential use cases that VRPs can deliver.

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iwoca launches merchant cash advance product with Funding Xchange

By Ellie Duncan | 3 September 2021

The new product will give online sellers access to flexible revenue-based repayment loans of between £1,000 and £50,000.

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