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Industry news

Metro Bank launches digital car loan product

The new product, which comes under the bank’s Ratesetter brand, is already available via two UK motor finance brokers.

Mastercard and US bank Citizens expand payments partnership

The global payments company has become the exclusive payments network of Rhode Island-based Citizens Financial Group.

Open Data platform Okredo enters the UK

The platform joins Open Data, Open Banking, and credit bureau functionalities to enable small businesses to improve their credit risk management.

Insight: Bringing Open Banking to North America in 2023

Eyal Sivan, head of Open Banking at Axway, writes about the US and Canada’s respective routes to Open Banking and the role of a common standard, the FDX API, in getting there.

VTEX chooses Nuvei as it gears up for global expansion

The partnership aims to create “greater flexibility and customisation” for VTEX’s retail and brand clients with Nuvei’s payment capabilities.

Australia’s Westpac partners with AI company RDC

The partnership will enable the bank to integrate AI into business lending processes.

Feature: What Open Banking trends will emerge in UK and Europe in 2023?

Tink, Finastra, Pleo and FIS make predictions for fintechs, lending decisions, Open Banking-powered payments and embedded finance in 2023.

Bottomline unveils Confirmation of Payee tool for businesses

The new solution aims to help corporate fraud teams defend their companies from APP fraud, which is on the rise.

Nubank secures $150m loan from IFC to boost Colombian presence

Nu Colombia, a subsidiary of Nubank, is the fastest-growing credit card issuer in the country.

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