Klarna unveils dedicated Open Banking business unit

Klarna Kosma is a new sub-brand launched by the company, having first entered the Open Banking space in 2014 with its acquisition of SOFORT.

Revolut names Glauber Mota as Brazil CEO

Mota joins Revolut from Latin American investment bank BTG Pactual and will help to build out the team in Brazil.

Insight: Sorting fact from fiction in European Open Banking

Token’s Nikita Septucha writes about why it’s time to stop talking about Open Banking connections in terms of the number of bank APIs a provider can connect to.

Mastercard and Temenos join forces to accelerate Request to Pay in UK

Recent Mastercard report found one in 10 people in the UK often forget to pay their bills, resulting in late payments.

Douugh agrees $20m discretionary funding facility with Long State Investments

Founder of Douugh says the “fully flexible strategic funding facility” will help the fintech achieve economies of scale.

Feature: The journey from PSD2 to PSD3

What does the next iteration of the Payment Services Directive, PSD3, need to address and can it unify what some see as a fragmented Europe?

CMA publishes recommendations for future of Open Banking in UK

The CMA has published its recommendations for the future regulatory oversight and governance of Open Banking in the UK.

Central Bank of Brazil launches Open Finance

Brazil’s National Monetary Council has approved a Resolution that officially launches the country’s Open Finance project.

Mazda Motor Europe partners with Mollie for payments

The Dutch fintech ‘Connect for Platforms’ product will power Mazda’s new marketplace platform.

Chetwood Financial acquires Yobota to boost BaaS proposition

Yobota CEO and founder Ammar Akhtar, who founded the core banking provider alongside Chetwood in 2016, will step down to “pursue new challenges”.