Industry news
The digital bank plans to launch ‘Starling-as-a-Service’ in the first half of 2022, in countries including France and the Netherlands.
Open Banking Expo’s Ellie Duncan caught up with Michael Lane, VP of sales at Token, to discuss what needs to happen for widespread merchant adoption of A2A payments, why the industry as a whole has a role to play in educating consumers and the demise of debit cards.
By partnering, Yapily will be able to offer its European partners access to the US financial market and US-based NXTsoft will give its API partners access to European institutions.
The new survey by Tink also revealed that positive sentiment towards Open Banking continues to increase.
Hearst Ventures and Entrée Capital were among the investors that took part in the funding round.
The investment was led by Insight Partners, whose principal Rebecca Liu-Doyle said the payments industry in Southeast Asia is ‘ripe for disruption’ and will join Spenmo’s board.
Plaid’s instant account verification means end users can directly connect their bank accounts to immediately start moving funds via ACH.
The channel partnership will bring Open Banking-powered payments to European billers.
The new licenses means that LUXHUB has become ‘Luxembourg’s first and only full-scope Open Banking enabler’.
The debt and equity fundraise means that the lender will be able to lend immediately through the British Business Bank’s scheme.
