Archive for December 2021
PAYSTRAX picks Sentinels to boost AML transaction monitoring for European payments
European merchant acquirer PAYSTRAX selected Europe’s leading intelligent transaction monitoring platform Sentinels to enhance the AML processes for its portfolio of European payment services.
Read MoreCredit Kudos finds 70% of UK lenders will use Open Banking by 2023
New research by Credit Kudos revealed that 47% of all lenders surveyed believe that Open Banking could help save time and cut the cost of credit decisioning in the future.
Read MorePlaid launches ‘Payouts’ product in UK
The new product will enable users to make instant withdrawals and refunds and aims to ‘drive adoption’ of Open Banking payments.
Read MoreApplications open for new CEO at OBIE
The ‘time critical’ CEO role has been created following a recent independent investigation into governance of the OBIE, with the new chief executive expected to work with the trustee, executive committee and board.
Read MoreCan Open Banking solve Canadian SMBs’ ‘top needs’?
Jeff Brown, Equifax’s senior director, small and medium business, moderated a panel at Open Banking Expo Canada in November, saying that ‘when it comes to providing financing and credit solutions to small businesses, the industry is still light years away from where it should be’.
Read MoreMambu valued at €4.9bn after EQT Growth-led Series E round
The latest funding round raised €235 million for the SaaS banking platform and will see EQT Growth’s advisory team join Mambu’s board of directors.
Read MoreWholesale CBDC project hailed a ‘success’ by Swiss and French central banks
Project Jura is a a public-private collaboration led by Banque de France, Swiss National Bank and the BIS Innovation Hub, as well as a group of private sector firms comprising Accenture, Credit Suisse, Natixis, R3, SIX Digital Exchange and UBS.
Read MoreWestpac to acquire money management app
The Australian bank said that upon completion of the deal next month, the technology behind the MoneyBrilliant app will be integrated into its digital banking app.
Read MoreYolt granted PSD2 license by Dutch central bank
De Nederlandsche Bank has issued Yolt with a license to enable it to expand across Europe, independently of its parent company ING.
Read MoreVisa makes investment in Open Finance platform Belvo
It comes after the two companies announced a strategic partnership to develop joint Open Finance solutions in Latin America.
Read More