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Industry news

UK’s Capital On Tap secures £200m funding line

JP Morgan and longstanding backer Triple Point have provided the facility, which Capital On Tap will use to help small businesses.

MX names new CTO from PayPal

Wes Hummel has been hired as chief technology officer, having worked alongside MX CEO Jim Magats at PayPal previously.

HSBC UK begins offering sweeping VRPs to personal and business customers

First bank in the UK to complete managed rollout process overseen by OBIE.

Belvo backed by Citi Ventures

The venture capital investing group has invested in Belvo, which is planning further growth in Mexico.

Insight: Open Banking is gaining momentum in the UK

Neil Williams, chief technology officer at LendingMetrics, writes about why Open Banking’s time has finally arrived.

Q&A: DB’s Joris Hensen on why bank APIs are ‘essential’ for customer-centric solutions

Joris Hensen, initiator and co-lead Deutsche Bank API program at Deutsche Bank, explains what he is looking forward to hearing about at this year’s Open Banking Expo Europe Confex.

Klarpay launches cross-border business payment solution

Swiss fintech’s customers to “benefit from a wide network” when making cross-currency payments.

Vyne partners with Wix to launch UK SME payment proposition

Wix’s UK merchants will have access to Vyne’s full stack ‘pay with bank’ payment solutions through the partnership.

Will Open Banking be an essential part of affordability decisions in 5 years’ time?

Open Banking Expo in association with Equifax wants to know what you think about Open Banking in the intermediary market.

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