Archive for September 2023
BNY Mellon study reveals global businesses’ appetite for real-time payments
Carl Slabicki, co-head of global payments, treasury services at BNY Mellon, said the study “reinforces” that the adoption of real-time payment capabilities will continue to increase.
Read MoreEmbedded finance fintech Swan secures €37m in Series B round
Swan plans to bring its offering to the Netherlands in the coming months and Italy in early 2024.
Read MoreFinastra unveils Compliance-as-a-Service for US, European banks
Finastra’s Compliance-as-a-Service enables US and European banks to comply with instant payment infrastructures, such as FedNow and TIPS.
Read MoreTrustly boosts European management team with hires from Klarna and Adyen
Eileen Chibb joins Trustly as chief operations officer, having previously worked at buy now, pay later provider Klarna and Jussi Lindberg has been appointed as chief revenue officer, from Adyen.
Read MoreQ&A: Deutsche Bank’s Joris Hensen on the launch of its bank-wide API platform
Joris Hensen, founder and co-lead of Deutsche Bank’s API program, explains why building and offering APIs “may take more time than expected”.
Read MoreMonzo launches ‘Investments’ product offering BlackRock funds
Monzo customers will be able to start investing via the app, with three multi-asset BlackRock-managed funds to choose from.
Read MoreVisa backs A2A payments platform Form3
Form3 will use the investment to develop new products and services, and expand into new territories.
Read MoreCheckout.com finds falsely declined payments are hitting revenues and brand loyalty
Research by Checkout.com in the US, UK, France and Germany revealed merchants in those countries missed out on $50.7 billion in revenue, due to poor payment performance.
Read MorePayit by NatWest launches single-use payment link feature for businesses
The new feature eliminates the need for recipients’ bank account details, making it particularly useful for issuing non-card refunds, returning deposits, and sending one-off payments.
Read MoreUK challenger Alba Bank appoints chief risk officer and chair as it readies for launch
Andrew Lewis joins as chief risk officer from Aldermore Bank and has previously worked at NatWest, while current Metro Bank chair Robert Sharpe will chair the board.
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