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Archive for July 2023

Embedded insurtech Hepster closes €10m Series B round

By Ellie Duncan | 18 July 2023

The new capital, which comprises equity and debt, will be used to fund Hepster’s expansion into new markets.

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Visa joins Thunes’ Series C investment round

By Ellie Duncan | 17 July 2023

Thunes has extended its Series C with support from Visa, EDBI and Endeavor Catalyst, to take its total raised to $72 million.

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CRIF: Europeans ’embracing’ digital banking amid rising levels of personal debt

By Ellie Duncan | 17 July 2023

New research by CRIF, conducted among major European markets, found that the rising cost-of-living crisis has made it more challenging for individuals to manage their income and spending.

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Vyne unveils no-code payment link solution for merchants

By Ellie Duncan | 17 July 2023

The new product does not require integration, while merchants can also benefit from reduced fraud and chargebacks.

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Open Banking Expo wins at Conference and Events Awards 2023

By Ellie Duncan | 14 July 2023

Borough Bench Media, the parent company of Open Banking Expo, won in the Best Conference or Event Series category.

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Scotiabank teams up with Xero to automate financial management for Canada’s SMBs

By Ellie Duncan | 14 July 2023

Through the partnership, Scotiabank will offer its business customers simplified financial management to reduce manual data entry, as well as cash flow insights.

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Insight: Building customer trust in Open Banking through security transformation

By Ellie Duncan | 14 July 2023

In Canada, ecosystem participants are readying for the implementation of Open Banking. But as they do so, they will need to put customer trust at the heart of any internal and external transformation.

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CFIT’s Open Finance Coalition gets underway

By Ellie Duncan | 14 July 2023

The Centre for Finance, Innovation and Technology named HSBC, Open Banking Limited, Experian, Zopa, Mastercard and the Open Finance Association among the coalition’s founding partners.

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Regulators need to create ‘right commercial incentives’ to drive Open Banking take-up

By Ellie Duncan | 13 July 2023

Speaking at a Westminster Business Forum policy conference, Lucy Beverley, director, economics, competition and regulatory finance at KPMG, talked about regulation keeping pace with innovation in UK payment services.

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Spend management fintech Moss integrates GoCardless direct debit

By Ellie Duncan | 13 July 2023

The collaboration marks Moss’ expansion into the UK, where it will help SMBs automate month-end administrative tasks.

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