Archive for July 2023
US Federal Reserve goes live with FedNow instant payment system
The central bank said that 35 banks and credit unions are “early adopters” of the interbank service.
Read MoreCanada’s Duuo by Co-operators launches embedded insurance API
Duuo by Co-operators’ event and tenant insurance will be the first API integrations available to partners.
Read MoreInsight: A look back on PSD2 and what we can learn from it
Tom Burton, director of external affairs and public policy at GoCardless, reflects on what the history of PSD2 can teach the UK and Europe.
Read MoreKlarna gives customers ‘simplified route’ to debt advice through new partnership
The BNPL provider has partnered with the Money Adviser Network, which connects consumers directly to StepChange, Citizens Advice and the National Debtline.
Read MoreVMware, Microsoft: Banks are deploying AI for ‘deepening relationships and smart servicing’
Speaking at Open Banking Expo Canada, Steve Fusco of VMware and Microsoft’s Wayne Cheng discussed the convergence of Open Banking and Generative AI.
Read MoreEx-Visa exec Mark Pettit joins Weavr as CPO
Weavr has hired Pettit to drive product growth and help it expand into international markets.
Read MorePlaid extends partnership with Nuvei
The expansion of the existing partnership between Plaid and Nuvei will see them serve new regions and additional verticals in ecommerce.
Read MoreInsight: How should you be measuring success in the world of Open Banking-powered payments?
Token.io’s connectivity product manager, Sam French, unpacks how businesses can assess and compare the quality and performance of A2A payment infrastructure providers’ connections to banks.
Read MorePayment ‘experience gap’ hitting merchants’ conversion rates, brand loyalty
New research by TrueLayer among European consumers found that strong customer authentication has also created more friction.
Read MorePayments platform Thredd hires Ava Kelly as CPO
Kelly, who has worked at Visa and American Express, called the issuer processing space “ripe for disruption”.
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