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Industry news

Bottomline to be acquired by Thoma Bravo for $2.6bn

Bottomline Technologies, a leading provider of financial technology that makes complex business payments simple, smart and secure, has entered into a definitive agreement to be acquired by Thoma Bravo.

Insight: As 2022 looms, will Open Banking payments make another breakthrough?

Open Banking Expo caught up with Todd Clyde, CEO, Token to get his view on whether 2022 really will be the year we remember A2A becoming the primary payment method for loading digital wallets.

Digital payments gaining preference among LatAm consumers

The research by Rapyd found that 96% of Mexicans and Brazilians, 87% of Colombians, and 84% of Argentinians make regular use of non-bank payment apps.

Moneyhub and Mutual Vision collaborate to bring Open Banking to UK building societies

Under the partnership, Moneyhub will provide the data and payment API connections and technology engine for Mutual Vision’s Open Banking services.

HPE chosen by Barclays to provide private cloud platform

The HPE GreenLake edge-to-cloud platform will host more than 100,000 workloads across the banking group’s strategic hubs in the UK, US and Asia.

Bill payment app Papaya secures $50m in Series B round

The funding round was led by Bessemer Venture Partners, with the new investment to be used to expand Papaya’s team and forge new partnerships.

Moneyhub and Bud to take part in initial UK pensions dashboard testing

Pensions Dashboard Programme chose three commercial providers, in addition to the Money and Pensions Service non-commercial dashboard, for its alpha testing phase.

NatWest collaborates with TrueLayer for first ‘live’ VRP transaction

NatWest’s Daniel Globerson called VRPs a ‘ground-breaking innovation’.

Online transaction monitoring

PAYSTRAX picks Sentinels to boost AML transaction monitoring for European payments

European merchant acquirer PAYSTRAX selected Europe’s leading intelligent transaction monitoring platform Sentinels to enhance the AML processes for its portfolio of European payment services.

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