Industry news
A new study from NatWest Boxed found that 80% of brands have reported improved business outcomes following their rollout of embedded finance.
European payments network TrueLayer has launched in Poland, enabling Polish businesses to sign up to its instant payouts product.
Shortlisted entries span categories such as Best Industry Partnership, Best Use of Data and Best Open Banking Payments Project.
In July, Open Banking services were used a record 2.04 billion times, up 3.5% from June.
Nova Credit’s ‘Cash Atlas’ solution analyses consumers’ income and spending patterns to reveal actual repayment ability.
US-based Atomic will use the funding to scale its investing platform across banks, insurers, fintechs, and consumer brands.
Liberis has formed a new partnership with Elavon to launch Quick Capital, a funding solution for small businesses in the US.
Yonder has selected tell.money as its Open Banking partner to ensure full compliance with the EU’s PSD2 regulations.
Most industry participants are optimistic about the future, according to Frollo’s The State of Open Banking 2025 report.
Businesses will be able to brand the prepaid cards and reload them instantly via Zum Rails’ existing payment infrastructure.
