Archive for March 2023
Yapily readies for European expansion with VP of sales Europe hire
Lisa Gutu joins the Open Banking platform, having worked at Trovata and Salt Edge.
Read MoreLloyds Banking Group backs digital ID fintech Yoti
The banking group has invested £10 million in Yoti to help broaden its range of digital identity solutions.
Read MoreValue of CBDC payments to hit $213bn annually by 2030
A new study by Juniper Research found that governments’ efforts to improve financial inclusion will be behind the growth.
Read MoreHSBC rescues UK arm of Silicon Valley Bank in £1 acquisition
The rescue deal, which was facilitated by the UK Government and Bank of England, safeguards SVB UK’s customers’ deposits.
Read MoreMercedes-Benz uses Visa’s technology to power in-car payments
Mercedes pay+, which has initially launched in Germany, turns the car “into a payment device”.
Read MoreAustralia’s Cuscal acquires Open Banking platform Basiq
Cuscal’s MD said the agreement will “cement our position as a leading provider of payments and regulated data services in Australia”.
Read MoreRailsr secures future with sale to consortium of investors
The embedded finance platform has been purchased and re-capitalised with backing from D Squared Capital, Moneta VC and Ventura Capital.
Read MoreZilch partners with Yapily to improve customers’ access to ‘responsible’ credit
By teaming up with Yapily, Zilch can maximise “the consumer benefits of Open Banking technology”, Philip Belamant said.
Read MoreExperian trials new service helping ‘credit invisibles’ build a credit file
Through the initiative, currently being piloted in the UK, individuals without access to mainstream finance can build their credit file in only three months, via Open Banking.
Read MoreMajority of banks upgrading payments tech to keep pace with fintechs
New research by Aite-Novarica Group and Finastra revealed 65% of banks planning “significant or moderate level” of investment in payments tech.
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