De Nederlandsche Bank has issued Yolt with a license to enable it to expand across Europe, independently of its parent company ING.
It comes after the two companies announced a strategic partnership to develop joint Open Finance solutions in Latin America.
Enfuce, the leading European Card-as-a-Service (CaaS) platform for modern card issuing and processing, has announced a successful €45 million Series C investment round led by international growth investor Vitruvian Partners.
Germany’s ecolytiq will embed Tink’s ‘Transactions’ product into its sustainability solution for banks and fintechs in the DACH region.
The €193 million raised by Bunq will be used by the challenger bank to ‘fuel’ its European growth, particularly in France and Germany, and double staff numbers by end of next year.
Eyal Sivan, head of Open Banking at Axway, explains why ‘strong leadership’ is only part of the way to get Open Banking over the line in Canada, and what it can learn from Brazil’s implementation journey.
The Open Banking payments platform said the announcement marked its entry into the retail sector, with Glossybox, Zavvi and Myprotein among the initial 10 THG brands to add Vyne to their checkouts.
The partnership with Amsterdam-based Sprinque will allow B2B marketplaces and merchants to embed B2B payments into their platforms, and is part of Yapily’s European expansion plans.
The UK regulator announced the alterations to the 90-day authentication rule following a consultation in which respondents called it “onerous” and reported “high customer dropout rates” as a result.