Industry news
Paymentology and Mastercard aim to enable consumers and small businesses in El Salvador, Guatemala and Honduras to “gain access to innovative, safe, and convenient financial solutions”.
Incoming chief executive officer Chriss, who succeeds Dan Schulman, led Intuit’s $12 billion acquisition of Mailchimp.
The central bank’s payment and clearing systems were both hit by a “technical issue” on 14 August.
Open Finance Network Canada has called for the September 2023 Open Banking report to establish “a definitive deadline for implementation and a roadmap” to Open Finance.
Mubadala and BlackRock have backed the mobility fintech, which provides vehicle financing.
Nicola Anderson, chief executive officer of FinTech Scotland, said the programme will “discover and accelerate some of the most innovative fintech companies”.
Through the integration, point-of-sale provider Lopay can provide merchants of all sizes with instant payouts functionality.
Rightfoot’s newly-launched ‘Connect Magic’ product requires only the consent of the customer to securely retrieve up-to-date banking and credit data.
International employers will be able to digitally set up and manage a workplace pension for their UK-based employees.
Use of Open Banking will give people the option to pay for services using their own banking app.