News
United Fintech bolsters FX and digital assets capabilities with Cobalt acquisition
UK-based Cobalt is United Fintech’s fifth acquisition since 2020.
Read MoreShawbrook Bank completes a remortgage using PEXA’s digital payment system
The specialist lender has become the first UK bank to do so, following Hinckley & Rugby Building Society in September, with more lenders and conveyancers to transact remortgage cases using PEXA’s platform next year.
Read MoreEY: Enhanced payments and data portability will be ‘disruptive forces’ in Canada
Abhishek Sinha, partner at EY Canada, talked about “the Great Convergence” as he moderated the last Open Banking Expo Canadian meetup of 2022.
Read MoreTemenos signs agreement with NdcTech to bring ‘Country Bank Model’ to seven Middle Eastern countries
NdcTech will develop regulatory and business-specific localised functionality to enhance the ‘Model Banks’ framework for banks of all sizes in Bahrain, Kuwait, Oman, Pakistan, Qatar, Saudi Arabia and UAE.
Read MorePaysend partners with Plaid for Open Banking payments initiation
Through the partnership, merchants will be able to connect with their customers’ banks via Plaid and initiate a payment through Open Banking rails.
Read MoreUK food service company partners with Ecospend and Solaris to offer Open Banking payment solution
The closed loop direct account-to-account ‘pay by bank’ solution will be offered to JJ Foodservice customers at the online checkout.
Read MoreA third of UK online merchants invest in payments upgrades as customers abandon baskets
Research by Tink revealed retailers are worried about how their business will survive the next 12 months and are prioritising reducing payments-related costs.
Read MoreCurve to launch BNPL-style lending product in 2023 following $1bn Credit Suisse deal
The financial super-app said the deal will enable it to scale its lending business, Curve Flex.
Read MoreInsight: Clamping down on APP fraud is a balancing act
Token’s Robert Sullivan on why there is a fundamental tension between the PSR’s ambitions for A2A retail payments and its latest proposals to address APP scams.
Read MoreAirwallex teams up with Plaid to offer instant payments
Together, the companies will provide an integrated payments solution that can streamline Automated Clearing House payments for US customers.
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