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Industry news

CFIT launches Financial Inclusion Coalition to develop inclusive payments solutions

The Centre for Finance, Innovation and Technology is working with Project Nemo on its fifth Coalition, with an initial focus on devloping a Supported Payments framework that will enable vulnerable customers to make everyday payments themselves.

LSEG Risk Intelligence unveils ‘Identity Gateway’ for access to digital identity schemes

LSEG Risk Intelligence has launched Identity Gateway, a new technology infrastructure layer designed to simplify access to trusted digital identity schemes.

Brick Rewards embeds Moneyhub’s Open Banking technology to reward UK renters

Brick Rewards, which is currently available to renters in London, enables users to earn points by paying their rent on time and spending at participating local businesses.

Adyen chosen as PSP for UK government online payment service GOV.UK Pay

Public sector organisations, including local councils, armed forces and police, will transition to Adyen for their GOV.UK Pay processing.

Equals Money | Railsr rebrands as annual transaction volume surpasses £58bn

Equals Money | Railsr has rebranded as Equals, a technology platform that businesses use to power their payments, accounts, cards and FX.

NatWest works with Validis to automate financial data collection within invoice finance

Validis connects to accounting platforms including QuickBooks, Sage, FreeAgent, Xero, Microsoft Dynamics, and NetSuite.

TrueLayer acquires Dutch fintech In3 to expand into credit

Buy now, pay later will be TrueLayer’s first credit product to launch, with longer-duration credit products to follow later this year, it said.

Kiwibank rolls out Open Banking for individual and business customers

Kiwibank has become the first bank in New Zealand to roll out Open Banking through all its digital channels for both individual and business customers.