News
Yapily becomes latest industry player to launch Variable Recurring Payments (VRP)
The announcement follows the Competition and Markets Authority (CMA) mandate that the UK’s nine largest banks must support VRP for sweeping by 31st July 2022.
Read MoreLenders say Open Banking will ‘complement’ credit bureau data under Consumer Duty
Speakers from Equifax, AccountScore, Plend and Everyday Loans joined an Open Banking Expo live panel debate to discuss Consumer Duty, Open Banking and the rising cost of living.
Read MoreNexi partners with Microsoft to drive digital payments in Europe
The strategic collaboration demonstrates “the power of combining deeply local payments expertise with European scale”.
Read MoreRapyd joins forces with Rakuten Viber for digital payments launch
The partnership will enable cross-border digital payments directly within the Viber app.
Read MoreMX looks to PayPal for new CEO
Jim Magats joins as CEO next month, after 18 years at PayPal.
Read MoreVirgin Money enters BNPL space with Slyce
The new product, out later this year, will “bring more customers into a regulated credit environment”.
Read MoreTrovata hires from Salt Edge ahead of European expansion
Vladimir Pintea joins the US cash management platform as VP of Open Banking engineering and Lisa Gutu as VP of business development.
Read MoreAirbank selects Klarna Kosma as it eyes global expansion
The founder of Airbank said it will serve more than 50 countries by the end of 2022.
Read MoreGoCardless and Plaid launch separate VRP offerings
Plaid has also launched variable recurring payments in beta as the Competition and Markets Authority’s deadline looms.
Read MoreCRIF brings consumer credit scoring service to the UK
The Open-Banking powered solution will be available to banks and lenders in the UK.
Read More