News
Splitit hires payments exec Nandan Sheth as new CEO
Sheth, who was most recently at Fiserv, will start in his new role on 28 February, replacing interim CEO John Harper.
Read MoreKlarna brings in-store payments to UK consumers with physical card
The new Klarna Card, which has a waitlist of 400,000 in the UK, will allow shoppers to make in-store contactless BNPL purchases.
Read MoreDirectID eyes international expansion after securing funding
The $3 million bridge round has been led by Hong Kong-based QBN Capital, which will help the fintech enter Asia.
Read MoreInsight: How voluntary standards can de-risk the booming alternative lending market
The pandemic has cemented mass transition from traditional to alternative finance in the UK. A pandemic-driven cash flow crisis among businesses, and the rise of fintech and challenger banks, is spurring the rise of alternative lending models – with the market now worth £6.26 billion.
Read MoreNew Codat report measures SMEs’ appetite for Open Finance
Seven out of 10 businesses say financial integrations make their business operations faster and more efficient, research found.
Read MoreFeature: Has Open Banking in the UK delivered on its promises?
In the four years since Open Banking was mandated in the UK by the CMA, the sector has come a long way, as Ellie Duncan reports.
Read MoreUS Fed asks for input on potential digital currency
Public and stakeholders have been invited to answer questions posed by the central bank in its discussion paper, which lists the pros and cons of a central bank digital currency.
Read MoreMambu teams up with Volante Technologies
The strategic partnership “boosts” banks’ digital banking and payments functionalities.
Read MorePlaid acquires ID verification platform Cognito
The deal will see the Cognito team and its customers join Plaid.
Read MoreUAE’s Lean Technologies secures $33m in Series A round
The financing round has been led by Sequoia Capital India, with participation from other international investors.
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