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Mediobanca and Founders Factory form joint venture to invest in fintechs

Together, the Italian investment bank and Founders Factory will build and invest in 35 fintechs over the next five years.

UNIPaaS taps into GoCardless’ bank payment network

The embedded finance provider will be able to offer Open Banking payments via GoCardless’ white label integration, ‘Embed’.

FCA to launch permanent Digital Sandbox in August

Earlier this year, NayaOne was awarded the FCA’s tender to build the permanent Digital Sandbox, which will also open to data providers.

US Federal Reserve goes live with FedNow instant payment system

The central bank said that 35 banks and credit unions are “early adopters” of the interbank service.

Canada’s Duuo by Co-operators launches embedded insurance API

Duuo by Co-operators’ event and tenant insurance will be the first API integrations available to partners.

Insight: A look back on PSD2 and what we can learn from it

Tom Burton, director of external affairs and public policy at GoCardless, reflects on what the history of PSD2 can teach the UK and Europe.

Klarna gives customers ‘simplified route’ to debt advice through new partnership

The BNPL provider has partnered with the Money Adviser Network, which connects consumers directly to StepChange, Citizens Advice and the National Debtline.

VMware, Microsoft: Banks are deploying AI for ‘deepening relationships and smart servicing’

Speaking at Open Banking Expo Canada, Steve Fusco of VMware and Microsoft’s Wayne Cheng discussed the convergence of Open Banking and Generative AI.

Ex-Visa exec Mark Pettit joins Weavr as CPO

Weavr has hired Pettit to drive product growth and help it expand into international markets.

Plaid extends partnership with Nuvei

The expansion of the existing partnership between Plaid and Nuvei will see them serve new regions and additional verticals in ecommerce.