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Industry news

UAE’s Lean Technologies secures $33m in Series A round

The financing round has been led by Sequoia Capital India, with participation from other international investors.

Temenos unveils BNPL service on its banking cloud

The AI-driven BNPL banking service is a “pay-as-you-go” solution for banks and fintechs.

‘Request to Pay’ poses challenge to traditional payments

New research by Icon Solutions found that despite the potential of Request to Pay, banks’ readiness poses the greatest barrier to adoption.

Open Banking platform Nordigen partners with Spotcap

The SME lender will use Nordigen’s API to ‘securely and quickly gather customer data to enhance existing products’.

Tink partners with Cogo to give NatWest customers carbon footprint insights

Partnership will enable 8 million NatWest customers to view their CO2 emissions associated with their daily spending through the banking app.

CMA chief exec to leave role in July 2022

Andrea Coscelli took over as CEO in July 2016, having joined in 2013, and has headed up the organisation throughout the implementation of Open Banking in the UK.

Digital transformation is top priority for banks globally

Bottomline’s Teresa Connors and Ed Adshead-Grant reveal the key findings from its latest report, ‘The Future of Competitive Advantage in Banking and Payments’ to Open Banking Expo TV.

House of Lords Committee casts doubt on benefits of UK retail CBDC

In a report, the Economic Affairs Committee concluded there is ‘no convincing case’ for a digital pound, highlighting the ‘significant’ challenges for financial stability and the protection of privacy.

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