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Industry news

HyperJar closes Series A amid ‘very tough’ fundraising environment

The UK-based money management app disclosed its expansion plans with the proceeds from its funding round.

UK Government seeks views on potential ‘Open Communications’ scheme

A new consultation has launched to establish whether the telecoms market would be “more accessible” for consumers under a Smart Data scheme.

Saxo Bank becomes Open Banking payments ‘first mover’

Using Mastercard’s Open Banking technology, Saxo Bank’s customers can top up their investment accounts.

CRIF introduces supply chain sustainability analysis tool to the UK

The new tool, Synesgy from CRIF, incorporates the EC’s latest European Sustainability Reporting Standards.

HSBC helps immigrants to UK overcome credit history ‘hurdles’ with Nova Credit

Research by Nova Credit found that 66% of working age immigrants in the UK reported that receiving credit products took longer than expected due to their lack of UK credit history.

Q&A: Aro’s Nicola Matthias on seeing Consumer Duty ‘come to fruition’

Nicola Matthias, director of risk and compliance at Aro, reveals what has been the biggest change for its partners under the new Consumer Duty.

TSB appoints new chief technology officer

Sailesh Panchal has worked at Metro Bank and the Payment Systems Regulator.

BNY Mellon study reveals global businesses’ appetite for real-time payments

Carl Slabicki, co-head of global payments, treasury services at BNY Mellon, said the study “reinforces” that the adoption of real-time payment capabilities will continue to increase.

Embedded finance fintech Swan secures €37m in Series B round

Swan plans to bring its offering to the Netherlands in the coming months and Italy in early 2024.

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