Archive for May 2022
The Credit Thing and TrueLayer bring Open Banking recurring payments to consumer for the first time
TrueLayer partners with The Credit Thing to implement its recurring payments API for the first consumer variable recurring payment transactions in the UK.
Read MoreAxway joins forces with Cloudentity to support FDX API 5.0
First to market with an authorisation server supporting the latest version of the common data standard in the US.
Read MoreModulr secures $108m in Series C fundraise
The embedded payments platform, which was backed by General Atlantic and PayPal Ventures, will use the funding to expand client and partner coverage in the UK and Europe.
Read MoreTink: UK consumers will not tolerate friction in online transactions
The research by Tink found that consumers recognised payment choices have increased, while 82% believe it is easier than ever to make payments quickly and in one click.
Read MoreToken secures $40m to scale Open Banking payments in Europe
Token.io has raised $40 million in a Series C funding round to continue driving the shift from traditional payment methods to Open Banking-enabled account-to-account payments.
Read MoreSmart Data gets Queen’s Speech endorsement
The UK government’s legislative agenda for the next parliamentary year makes reference to a Smart Data reform bill.
Read MoreYapily to acquire finAPI to create Europe’s leading Open Banking platform
Yapily has signed an agreement with SCHUFA to acquire finAPI, the leading provider of Open Banking solutions in Germany.
Read MoreBrokers can be ‘facilitators’ to engage consumers in Open Banking
During an Open Banking Expo live panel debate, ‘Is broker integration the next big opportunity in Open Banking?’, speakers discussed how brokers can make better use of the Open Banking data they capture.
Read MoreCiti announces SEPA instant payments launch in Europe
The global bank has expanded its instant payments proposition, providing “uniform connectivity” to all key domestic instant payment systems.
Read MoreJohn Lewis chooses NewDay for rewards card relaunch
Previously, HSBC UK has been the credit provider for the John Lewis ‘Partnership Card’.
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