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Posts by Ellie Duncan

BNY Mellon collaborates with Trustly on Open Banking payments solution

By Ellie Duncan | 8 September 2023

The new solution, Bankify, will help organisations receive consumer payments from bank accounts.

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Zopa Bank raises £75m in ‘clear market validation’ of financial performance

By Ellie Duncan | 8 September 2023

The digital bank also revealed it now serves more than one million customers, as it targets five million customers by 2027.

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Perenna secures UK bank licence to bring ‘structural change’ to mortgage market

By Ellie Duncan | 7 September 2023

Perenna has been issued with an unrestricted bank licence by the Prudential Regulation Authority and the Financial Conduct Authority.

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CBA to acquire invoice lending platform Waddle

By Ellie Duncan | 7 September 2023

The deal via Commonwealth Bank of Australia’s venture arm x15ventures, will help the bank grow its ‘Stream Working Capital’ product.

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Smart money app Plum teams up with Upvest to expand investment offering

By Ellie Duncan | 7 September 2023

“Upvest’s scalable and seamless API will empower Plum’s further growth in the European market,” said Upvest founder Martin Kassing.

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Q&A: Red Badger’s John Godfrey reveals the three trends shaping new banking services

By Ellie Duncan | 7 September 2023

John Godfrey, commercial director at Red Badger, explains how AI, interoperability and “radical simplification” are converging to shape new banking products and services.

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Embedded lender Momnt secures new $15m investment

By Ellie Duncan | 7 September 2023

TruStage Ventures led the investment and was joined by new investor Rockefeller Asset Management.

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Nu Mexico adds personal loans to product offering

By Ellie Duncan | 6 September 2023

The digital-only bank will begin a phased rollout of personal loans, starting with employees, as it provides Mexicans with “more options to achieve their goals”.

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NatWest adopts Icon Solutions’ ‘low code’ payments framework

By Ellie Duncan | 6 September 2023

NatWest is on a “mission” to deliver a sector-agnostic payments platform “to connect everything to everyone”.

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GFT UK urges banks to ‘take customers with them’ on AI ‘journey’

By Ellie Duncan | 5 September 2023

GFT found that British consumers are evenly split between understanding and not understanding how the technology works.

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