The deal to buy the digital retirement and savings group will allow Lloyds to meet the ‘broader financial needs’ of its customers.
The fintech has joined forces with Minna Technologies to enable enterprise clients to manage their subscriptions to services like Netflix and Spotify.
It has bought Spanish Open Banking provider MyValue Solutions with a capital injection from Claret Capital.
The buy-now-pay-later firm has acquired Stockholm-based APPRL, adding to its retailer support expertise.
The CMA9 will have six months to implement variable recurring payments, according to a letter from the CMA to the OBIE’s Imran Gulamhuseinwala.
The new partnership will see Lloyds Bank Commercial Banking use Mastercard’s Open Banking merchant payment solution to launch PayFrom Bank.
During the months of trying Aiia’s payment platform, Velliv experienced that customers preferred paying with their bank account.
In an Open Banking Expo panel debate sponsored by Tribe Payments, panellists including Starling Bank’s Jason Maude and NatWest Group’s Lee McNabb discussed how regulation can level the Open Banking playing field and inspire innovation.
Experian’s Scott Hardiman and Allica Bank’s Conrad Ford discussed the balance to be struck between digital and personal customer journeys in the latest episode of Open Banking Expo TV.
The survey of merchants, banks and payment providers across Europe and the UK comes ahead of the OBIE’s conclusion on its evaluation of sweeping.
