Archive for July 2023
Banco Santander, BBVA, CaixaBank form alliance to tackle fraud
The Spanish banking trio have established a new company, FrauDfense, which will open to other banks in the future.
Read MoreHSBC, Nationwide and TSB reprimanded by CMA for transaction histories breaches
The CMA has written to each of the banks about their failure to send payment transaction histories to personal and business customers after their accounts had closed.
Read MoreAll-female founded UK businesses receive just 2% of VC funding
The UK Treasury Committee’s chair, Harriet Baldwin MP, said “it shouldn’t come as a surprise to investors that women and those from ethnic minority backgrounds can start successful businesses”.
Read MoreClearScore unveils automated debt repayment solution
‘Clearer’ is available to all ClearScore’s directly integrated loan partners, with Abound the first to sign up.
Read MoreTrueLayer launches payment links feature for merchants
Topps Tiles and Solent Wholesale Carpets are already using TrueLayer’s payment links, which is powered by Open Banking, to send invoice payment requests.
Read MoreBunq secures €44m in growth capital
The neobank has maintained its €1.65 billion valuation.
Read MoreBud powers TotallyMoney’s new payments tracker feature
By integrating Bud’s Open Banking data, TotallyMoney is “bridging the financial inclusion gap” in the UK.
Read MoreMediobanca and Founders Factory form joint venture to invest in fintechs
Together, the Italian investment bank and Founders Factory will build and invest in 35 fintechs over the next five years.
Read MoreUNIPaaS taps into GoCardless’ bank payment network
The embedded finance provider will be able to offer Open Banking payments via GoCardless’ white label integration, ‘Embed’.
Read MoreFCA to launch permanent Digital Sandbox in August
Earlier this year, NayaOne was awarded the FCA’s tender to build the permanent Digital Sandbox, which will also open to data providers.
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