News
Clear Junction launches Confirmation of Payee service
The new CoP service from Clear Junction will help tackle growing cases of APP fraud.
Read MorePlaid creates new entity to put cash flow insights ‘to work’
The new consumer reporting agency established by Plaid will provide lenders with “ready-made credit risk insights” based on Open Banking data.
Read MoreMonzo hires fintech founder to lead foray into insurance
Phoebe Chibuzo Hugh, who founded insurance fintech Brolly in 2016, has joined the UK challenger bank as it prepares to enter the insurance market.
Read MoreTrust in UK banks hits eight-year high after ‘slow road to recovery’
The Fairer Finance Trust in Banking Index found that challenger banks, such as Starling and Monzo, are more trusted than the incumbent banks.
Read MoreCanada’s Paays partners with ID verification provider Yoti
Yoti’s chief executive officer Robin Tombs said the partnership will “strengthen the reliability and accuracy of identity checks for the Canadian auto financing sector”.
Read MoreOntario government endorses Open Banking and payments modernisation
Ontario’s Minister of Finance Peter Bethlenfalvy said they would “collaborate with the federal government” to progress these initiatives.
Read MoreAdyen grows payment offering in partnership with Plaid
The partnership will bring Pay by Bank and marketplace onboarding to companies in North America.
Read MoreRevolut hires Francesca Carlesi as UK chief executive
The fintech founder, whose experience in banking spans senior roles at Deutsche Bank and Barclays, will join Revolut in December.
Read MoreCanada’s Nuvei partners with American Express to offer Pay with Bank Transfer
Nuvei’s UK merchant partners will be able to instantly integrate PwBt, powered by American Express, into their online checkout processes.
Read MorePSR reveals the UK banks enabling the most APP fraud
For the first time, the Payment Systems Regulator has published data showing, at an individual level, how well banks and payment firms are dealing with APP fraud.
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