Industry news
The speaker line-up includes Satrajit “Satty” Saha, CEO of TransUnion in the UK, Barclays Partner Finance CEO Antony Stephen and Ruth Spratt, UK country manager at Zip.
The Dutch fintech has teamed up with Plaid to improve the customer onboarding process, starting in the UK and rolling out to other European markets and, separately, has appointed Koen Köppen as CTO.
Deal means October will use Yolt’s AIS to utilise Open Banking data in its credit assessment process for SME lending in five European countries.
Swedish Open Banking payments platform Trustly acquires British Open Finance technology company Ecospend to further accelerate its expansion in the UK.
The “market-first pilot” saw the payments made by NatWest customers to Charity Right and lettings software provider Pink Chilli, supported by GoCardless and TrueLayer, respectively.
The collaboration will see Mastercard make a strategic investment in Saudi Arabia’s HyperPay.
Penny teams up with CRIF to help UK SMEs get their invoices paid instantly, better manage their cashflow and improve their creditworthiness.
Yapily partners with B2B BNPL start-up Two to help businesses access credit via BNPL and Open Banking.
The fight against APP scams has some way to go, according to the Lending Standards Board’s Emma Lovell, who writes that prevention in an increasingly expansive payments landscape cannot solely lie with banks and lenders.
Ger Kelly, head of Open Banking at Comma, explains how Open Banking in the UK has levelled the playing field between banks and their business and retail customers.
