News
Klarna to begin charging UK customers for late payments
UK head Alex Marsh said Klarna did not want to “monetise the misery of customers who fall behind” and has launched a ‘Customer Recovery Programme’.
Read MoreInsight: Banks must prepare for the New Payments Architecture transition
Finastra’s Paul Thomalla explains the risks and opportunities that UK banks need to consider amid the transition to the New Payments Architecture.
Read MoreTazapay adds Open Banking payments in UK and Europe through Volt partnership
Volt’s CRO Matt Komorowski said the partnership “demonstrates the global acceleration of real-time payments across many sectors”.
Read MoreShanghai Commercial Bank selects Salt Edge to comply with PSD2
The international bank will use Salt Edge’s PSD2 Compliance Solution to create a “bespoke” banking experience for its customers.
Read MoreWestern Union teams up with Beforepay to enable ‘send now, pay later’ money transfers
Australian consumers will be able to borrow additional funds through Beforepay’s wage-advance product on Western Union’s digital channels.
Read MoreNBK Bahrain forms corporate payment partnership with Arab Financial Services
The partnership will improve the payments experience, by giving merchants and corporate customers of National Bank of Kuwait (NBK) Bahrain “smart, secure, and convenient” payments acceptance platforms.
Read MoreA2A payments made to HMRC using Ecospend’s ‘Pay by Bank’ top £2.3bn
The total value of transactions using Ecospend’s technology prior to this year’s Self Assessment tax deadline was 64% higher than in 2022.
Read MoreBelvo launches Open Finance-enabled solution to improve bank-to-bank payments in Colombia
Account-to-account payments are now the preferred payment method at e-merchants in Colombia, surpassing credit cards.
Read MoreNatWest, NAB call for UK and Australia to embed digital identity to ‘scale’ Open Banking
A joint report from the banks explores the “common threads that bind” both Australia’s CDR and the UK’s Open Banking regime.
Read MoreMiFinity ‘plugs into’ Volt to launch instant bank transfers
The e-wallet provider’s new solution, MiFinity Instant Bank Transfer, is powered by the Open Banking payments platform.
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