Industry news
Germany’s ecolytiq will embed Tink’s ‘Transactions’ product into its sustainability solution for banks and fintechs in the DACH region.
The €193 million raised by Bunq will be used by the challenger bank to ‘fuel’ its European growth, particularly in France and Germany, and double staff numbers by end of next year.
Partners Funding Options and Capitalise.com are the first to natively embed Funding Circle into their website to offer business loans of up to £500,000.
Eyal Sivan, head of Open Banking at Axway, explains why ‘strong leadership’ is only part of the way to get Open Banking over the line in Canada, and what it can learn from Brazil’s implementation journey.
The Open Banking payments platform said the announcement marked its entry into the retail sector, with Glossybox, Zavvi and Myprotein among the initial 10 THG brands to add Vyne to their checkouts.
The partnership with Amsterdam-based Sprinque will allow B2B marketplaces and merchants to embed B2B payments into their platforms, and is part of Yapily’s European expansion plans.
The UK regulator announced the alterations to the 90-day authentication rule following a consultation in which respondents called it “onerous” and reported “high customer dropout rates” as a result.
The Open Banking Exchange team will work closely with Sigma Software Group, as well as the Ukrainian Interbank Payment Systems Member Association and the National Bank of Ukraine, to kickstart Open Banking in the country.
Builds on existing relationship between the two companies, with Australia’s Beyond Bank already using Frollo’s PFM platform to launch a financial wellbeing app.
A new report finds a third of businesses are crying out for freelancers – but can’t pay them on time. Sonovate’s Richard Prime explains which fintech trends are helping businesses to accommodate the rising freelance demographic.
