NatWest collaborates with TrueLayer for first ‘live’ VRP transaction

NatWest’s Daniel Globerson called VRPs a ‘ground-breaking innovation’.

Online transaction monitoring

PAYSTRAX picks Sentinels to boost AML transaction monitoring for European payments

European merchant acquirer PAYSTRAX selected Europe’s leading intelligent transaction monitoring platform Sentinels to enhance the AML processes for its portfolio of European payment services.

Credit Kudos finds 70% of UK lenders will use Open Banking by 2023

New research by Credit Kudos revealed that 47% of all lenders surveyed believe that Open Banking could help save time and cut the cost of credit decisioning in the future.

Plaid launches ‘Payouts’ product in UK

The new product will enable users to make instant withdrawals and refunds and aims to ‘drive adoption’ of Open Banking payments.

Applications open for new CEO at OBIE

The ‘time critical’ CEO role has been created following a recent independent investigation into governance of the OBIE, with the new chief executive expected to work with the trustee, executive committee and board.

Can Open Banking solve Canadian SMBs’ ‘top needs’?

Jeff Brown, Equifax’s senior director, small and medium business, moderated a panel at Open Banking Expo Canada in November, saying that ‘when it comes to providing financing and credit solutions to small businesses, the industry is still light years away from where it should be’.

Mambu valued at €4.9bn after EQT Growth-led Series E round

The latest funding round raised €235 million for the SaaS banking platform and will see EQT Growth’s advisory team join Mambu’s board of directors.

Wholesale CBDC project hailed a ‘success’ by Swiss and French central banks

Project Jura is a a public-private collaboration led by Banque de France, Swiss National Bank and the BIS Innovation Hub, as well as a group of private sector firms comprising Accenture, Credit Suisse, Natixis, R3, SIX Digital Exchange and UBS.

Westpac to acquire money management app

The Australian bank said that upon completion of the deal next month, the technology behind the MoneyBrilliant app will be integrated into its digital banking app.