News
PayPal names Intuit exec Alex Chriss as new CEO and president
Incoming chief executive officer Chriss, who succeeds Dan Schulman, led Intuit’s $12 billion acquisition of Mailchimp.
Read MoreBank of England’s RTGS, CHAPS ‘settling normally’ following outage
The central bank’s payment and clearing systems were both hit by a “technical issue” on 14 August.
Read MoreOFNC urges ‘renewed focus’ on Open Banking and Real-Time Rail in Canada
Open Finance Network Canada has called for the September 2023 Open Banking report to establish “a definitive deadline for implementation and a roadmap” to Open Finance.
Read MoreNigeria’s Moove raises $76m to ‘double down’ on profitable markets
Mubadala and BlackRock have backed the mobility fintech, which provides vehicle financing.
Read MoreTSB and FinTech Scotland Innovation Labs programme opens to fintech applications
Nicola Anderson, chief executive officer of FinTech Scotland, said the programme will “discover and accelerate some of the most innovative fintech companies”.
Read MoreLopay integrates TrueLayer’s real-time payouts solution for merchants
Through the integration, point-of-sale provider Lopay can provide merchants of all sizes with instant payouts functionality.
Read MoreFintech Rightfoot secures $15m funding to launch consumer-permissioned data product
Rightfoot’s newly-launched ‘Connect Magic’ product requires only the consent of the customer to securely retrieve up-to-date banking and credit data.
Read MoreSmart Pension partners with Yonder to provide UK-based remote workers with pensions
International employers will be able to digitally set up and manage a workplace pension for their UK-based employees.
Read MoreUK Government to look into offering Open Banking through GOV.UK Pay
Use of Open Banking will give people the option to pay for services using their own banking app.
Read MoreSumUp bags $100m credit facility to expand cash advance offering
Victory Park Capital has provided the new credit facility to SumUp as it seeks to accelerate expansion of ‘Cash Advance’ across Europe.
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