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Industry news

ClearBank and Ozone API team up to drive global Open Banking

ClearBank and Ozone API have formed a multi-national partnership to accelerate the global adoption of Open Banking by combining cutting-edge API technology with real-time clearing and embedded banking expertise.

David Geale made permanent managing director of PSR

He will be responsible for helping to deliver the National Payments Vision, and for progressing the FCA’s work on Open Banking.

UK-based SME lender Juice raises £25m in funding

Juice’s funding round has put it on track to reach a £100 million loan book.

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Konsentus chosen by DenizBank AG to support Open Banking operations

DenizBank AG, which operates in Austria and Germany, will integrate ‘Konsentus Verify’ to automate the process of TPP validation.

Equifax UK launches data decisioning platform for lenders in partnership with Render

The new platform, ‘Clear Decisions powered by Render’, uses a combination of Equifax bureau insights and Open Banking data.

Cardstream collaborates with Mastercard on Open Banking payments

Adam Sharpe, chief executive officer of Cardstream, cited “strong demand” for Open Banking payments as a way to pay alongside cards.

Brite Payments expands instant payments reach with German ecommerce partner

Brite Payments has teamed up with OXID eSales in Germany, which is a provider of ecommerce shop solutions.

Open Banking Limited announces 31 firms to fund new cVRP delivery company

The organisations, including banks, fintechs and payment providers, have agreed to fund efforts to create an independent operator to take forward work with industry on commercial variable recurring payments.

Acquired.com joins OBL cVRP industry initiative, launches own VRP solution

The payments business is a founding member of an initiative driven by Open Banking Limited to create a new company that will continue work in the UK on commercial VRP.

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