News
Checkout.com finds falsely declined payments are hitting revenues and brand loyalty
Research by Checkout.com in the US, UK, France and Germany revealed merchants in those countries missed out on $50.7 billion in revenue, due to poor payment performance.
Read MorePayit by NatWest launches single-use payment link feature for businesses
The new feature eliminates the need for recipients’ bank account details, making it particularly useful for issuing non-card refunds, returning deposits, and sending one-off payments.
Read MoreUK challenger Alba Bank appoints chief risk officer and chair as it readies for launch
Andrew Lewis joins as chief risk officer from Aldermore Bank and has previously worked at NatWest, while current Metro Bank chair Robert Sharpe will chair the board.
Read MoreSAP Fioneer addresses payments ‘pain points’ with Mastercard partnership
The financial services software solutions provider has integrated Mastercard’s commercial payments and Open Banking capabilities into its card management, embedded finance and SME lending platforms.
Read MorePayPoint launches Pay by Bank solution for PAYG energy customers
The latest offering from PayPoint makes it the first Open Banking provider to offer bank-to-bank payments to pay-as-you-go customers.
Read MoreBooking.com partners with Affirm to offer flexible payment options
Affirm’s travel and ticketing purchase volume grew nearly 50% year-over-year during the quarter ending 30 June.
Read MoreBNY Mellon collaborates with Trustly on Open Banking payments solution
The new solution, Bankify, will help organisations receive consumer payments from bank accounts.
Read MoreZopa Bank raises £75m in ‘clear market validation’ of financial performance
The digital bank also revealed it now serves more than one million customers, as it targets five million customers by 2027.
Read MorePerenna secures UK bank licence to bring ‘structural change’ to mortgage market
Perenna has been issued with an unrestricted bank licence by the Prudential Regulation Authority and the Financial Conduct Authority.
Read MoreCBA to acquire invoice lending platform Waddle
The deal via Commonwealth Bank of Australia’s venture arm x15ventures, will help the bank grow its ‘Stream Working Capital’ product.
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