The new One app, a point-of-sale mobile app, is Wonderful’s first commercial payments offering.
TCT’s chief executive officer Flemming Bengsten said that “offering a fully digitised and automated journey is the future of trade credit protection”.
Anna Bjurefeldt has been named head of internal audit and Mia Bjurkell joins as director of risk and compliance.
Brite IPN is an “out-of-the-box” instant payments and payouts solution for European merchants and businesses.
The partnership means Airbnb guests will have more payment options and will not have to re-enter their bank details.
The embedded finance partnership will help mid-sized corporates get access to credit facilities.
The partnership intends to make it quicker and easier for businesses to analyse and use consumer-permissioned Open Banking data to underwrite consumers.
Paymob co-founder Islam Shawky called it “a significant accomplishment” and said it builds on Paymob’s expansion plans in Saudi Arabia.
Darran Morford of obconnect writes about the challenges facing Open Banking today, and what we can learn from the adoption of Chip and PIN card payments in the late 1990s/early 2000s.
Global standard ISO 20022 is set to replace the legacy MT financial messaging formats.
