News
More than three quarters of payment providers frustrated by lack of VRP progress
Source: Press release Nuapay, EML Payments’ Open Banking and account-to-account (A2A) payments business, announces the results of research into PSPs and ISVs views on Open Banking adoption and potential barriers. UK payment providers reported that they expect over half (51%) of their payment flows to convert to Open Banking in the next three years, with…
Read MoreAero Commerce partners with Ordo
The partnership addresses challenges like fraud, slow settlements, and high payment processing fees head-on.
Read MoreInsight: Open Finance and the future of financial inclusion
Ali Hamriti, chief executive officer and co-founder of Rollee, writes about deploying Open Banking data to create fairer credit scoring systems.
Read MoreCRIF: Brits have ‘different relationship’ to credit than Europeans
New research by CRIF found that 20% of Brits are worried about the impact that the current rise in the cost living is having on their credit score.
Read MoreNatWest launches new transaction categorisation service
NatWest is the first UK bank to offer transaction categorisation as an extension to Open Banking APIs.
Read MoreFintechs Canada campaigns government for Open Banking
The collective voice for Canadian fintechs is demanding the government “upgrade” Canada’s banking system.
Read MoreThe Payments Association issues manifesto to maintain UK as ‘leader’
The manifesto sets out three pledges, including tackling fraud and scams, encouraging A2A payments in the UK, and an “innovative approach” to regulation and standards.
Read MoreBrite Payments eyes European instant payments growth with $60m funding round
Dawn Capital, which was an early backer of Tink, led the Brite Payments funding round.
Read MoreSalt Edge and SeaPay bring Open Banking solutions to Saudi Arabian merchants
The partnership will “empower” Saudi Arabian merchants with payment solutions.
Read MoreQ&A: TrueLayer’s Jack Wilson on the ‘interesting dynamic’ playing out in the EU
Jack Wilson, head of public policy at TrueLayer, answers our quickfire questions ahead of speaking at Open Banking Expo UK and Europe.
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