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Industry news

Nova Credit introduces fraud detection enhancements to ‘Income Navigator’

Nova Credit has unveiled improved fraud detection capabilities in response to the increasing sophistication of document falsification, driven by generative AI.

Yaspa partners with Playbook Engineering to ‘raise the bar’ in igaming payments

Yaspa has been chosen by Playbook Engineering to deliver instant bank payment solutions for its online betting sites.

Payments orchestration platform chooses Volt for real-time payments

As a result of the new partnership, Pay.com’s merchants will have access to Volt’s ‘Instant Bank Transfer’ solution.

Adyen boosts Open Banking offering with Yapily integration

Yapily will give Adyen real-time verified account information to improve merchant onboarding and strengthen security.

UK’s Open Banking Limited launches consultation on the MLA for commercial VRPs

OBL is inviting responses as part of the public consultation on the cVRP multilateral agreement.

Ecospend reports ‘substantial’ rise in tax payments to HMRC using Pay by Bank

Ecospend, which is part of Trustly, has reported that Pay by Bank tax payments increased 36% year-on-year to top £12 billion.

Payments Canada provides update on ‘substantial progress’ of Real-Time Rail

Jude Pinto, chief delivery officer at Payments Canada, has provided a quarterly update on RTR.

Embedded finance provider Swan adds €42m to Series B funding round

The investment was led by Eight Roads Ventures and will enable Swan to grow in key European markets.

Open Banking fintech Yavrio raises $2.4m in seed funding

The funding round was led by Fuel Ventures with a $1.9 million investment.

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