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News

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

By Ellie Duncan | 15 September 2023

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.

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

By Ellie Duncan | 14 September 2023

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

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Finastra unveils Compliance-as-a-Service for US, European banks

By Ellie Duncan | 14 September 2023

Finastra’s Compliance-as-a-Service enables US and European banks to comply with instant payment infrastructures, such as FedNow and TIPS.

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Trustly boosts European management team with hires from Klarna and Adyen

By Ellie Duncan | 14 September 2023

Eileen Chibb joins Trustly as chief operations officer, having previously worked at buy now, pay later provider Klarna and Jussi Lindberg has been appointed as chief revenue officer, from Adyen.

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Q&A: Deutsche Bank’s Joris Hensen on the launch of its bank-wide API platform

By Ellie Duncan | 13 September 2023

Joris Hensen, founder and co-lead of Deutsche Bank’s API program, explains why building and offering APIs “may take more time than expected”.

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Monzo launches ‘Investments’ product offering BlackRock funds

By Ellie Duncan | 13 September 2023

Monzo customers will be able to start investing via the app, with three multi-asset BlackRock-managed funds to choose from.

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Visa backs A2A payments platform Form3

By Ellie Duncan | 12 September 2023

Form3 will use the investment to develop new products and services, and expand into new territories.

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Checkout.com finds falsely declined payments are hitting revenues and brand loyalty

By Ellie Duncan | 12 September 2023

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.

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Payit by NatWest launches single-use payment link feature for businesses

By Ellie Duncan | 12 September 2023

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. 

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UK challenger Alba Bank appoints chief risk officer and chair as it readies for launch

By Ellie Duncan | 11 September 2023

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.

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