Industry news
Using Open Banking data, the new eligibility journey, facilitated by D•One, is available through MoneySuperMarket and is aimed at customers who are underserved by the credit card market.
Open Banking fraud rates remain below wider industry benchmarks by volume, according to new data from Open Banking Limited.
Yapily’s Open Banking technology will be deployed by Google Cloud customers across several European markets to enable verification of bank accounts.
Satago will embed Sage’s accounting technology into its invoice finance platform, giving banks and lenders access to structured, real-time financial data for smaller businesses.
Admiral Business has partnered with ANNA Money to embed insurance at key SME customer decision points.
August, a UK proptech platform for residential landlords, has been recognised by HM Revenue and Customs as software compatible with Making Tax Digital.
New research from Payit by NatWest reveals that nearly one quarter (23%) of utilities and telecoms companies say payment processing challenges lead to worsened customer experience.
BR-DGE, the high-growth payments technology company, has secured a £10m funding round, along with a new growth investor, as it executes its international growth strategy.
The Canadian Government has published proposed Open Banking regulations, along with a 60-day comment period, to support the implementation of the Consumer-Driven Banking Act.
The Bank of England said it “marks a major milestone in the modernisation of the UK’s payments landscape”.
