Archive for February 2020
Klarna acquires Italian payments group
The deal will give Swedish fintech giant Klarna access to intellectual property that will enhance its underwriting capabilities and see the business launch a product development hub in Milan.
Read MoreFingopay breaks new ground in first bank-to-bank finger vein ID transaction
The biometric VeinID platform, Fingopay, has announced it is trialing a strategic Open Banking retail pilot with payments company Reflow.
Read MoreChallenger N26 withdraws from UK
German-based challenger brand N26 said Brexit has made it impossible to continue in the UK market. Jenny Turton reports…
Read MoreRevolut partners with TrueLayer for UK service
Digital bank Revolut has announced the launch of a new Open Banking feature to its UK customers, allowing them to see all of their bank accounts in one place.
Read MoreMolo chooses Experian for buy-to-let decisioning
The digital mortgage lender is hoping to simplify affordability assessments using artificial intelligence and machine learning. Dippy Singh reports…
Read MoreWhat’s hampering Australia’s Open Banking launch?
Competition concerns, regulatory shortfalls and communication failings have pushed back the big launch. Dippy Singh asks why?
Read MoreHas Open Banking dampened M&A appeal?
Banks should think twice before buying someone else’s bricks and mortar, warns analyst report
Read MoreOpen Banking for farmers – challenging the norm in lending
The UK’s newest licenced bank is using advances in banking technology to better service the country’s agriculture sector. Dippy Singh reports…
Read MoreReport: Regulatory gulf widens between US and Europe
US financial institutions may have an edge in innovative thinking, but Europe continues to lead on regulation.
Read MoreFCA updates guidance on Authentication rules
Implementation dates for SCA remain in place, despite the UK’s withdrawal from the EU.
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