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News

NAB to issue payment prompts to tackle rise in scams

By Ellie Duncan | 3 April 2023

Customers of National Australia Bank will see the prompts in the app and on internet banking to encourage them to “pause and review” a payment.

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Powens and Unnax combine to create European Open Finance ‘champion’

By Ellie Duncan | 3 April 2023

PSG Equity, already an investor in Powens, will make a further investment in Spain-based Unnax, to bring the two Open Finance fintechs into one group.

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Tyl by NatWest and Payit look to Raidiam for new head of strategy

By Ellie Duncan | 3 April 2023

Tim Johnson has been appointed by UK bank NatWest to drive the growth of Tyl by NatWest and Payit.

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Experian Boost partners with Virgin Money Slyce to make ‘affordable credit more inclusive’

By Ellie Duncan | 31 March 2023

Experian Boost data will be included in Virgin Money Slyce’s credit card decisioning process, allowing ‘Boost’ users to “improve their creditworthiness”.

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Seattle Bank teams up with LoanStar Technologies for embedded consumer lending solution

By Ellie Duncan | 31 March 2023

The partnership sees LoanStar help the bank “expand its reach through point-of-sale finance”.

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UK sees growth in Open Banking payments in 2022 as use cases proliferate

By Ellie Duncan | 31 March 2023

The latest figures from OBL also showed that around 750,000 small to medium-sized enterprises (SMEs) are using Open Banking products.

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ING Bank collaborates with Salt Edge to unlock use cases

By Ellie Duncan | 30 March 2023

Salt Edge’s Erica Virlan said it is “fulfilling to see the growing interest in Open Banking from financial institutions”.

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Feature: Assessing the rise of BNPL in the UK as regulation looms

By Ellie Duncan | 30 March 2023

As the UK’s buy now, pay later sector continues to grow and readies for regulation, are concerns about consumer demand in a cost-of-living crisis justified, or is it experiencing growing pains?

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Bud Financial launches in the US

By Ellie Duncan | 30 March 2023

The fintech has assembled a US-based team to lead its expansion.

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The Co-operative Bank partners with Onfido to improve customer onboarding

By Ellie Duncan | 29 March 2023

The bank will be able to verify new users’ identities in “as little as” 15 seconds, by plugging Onfido into its application process.

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