Industry news
American Express conducted research on the impact of payments processes on business growth among 500 decision makers at UK businesses.
Bespin Global, which is a consulting firm specializing in financial services data and AI solutions, and Altitude Consulting, a North American advisory firm, have partnered to help US banks implement Open Banking.
Capital on Tap and GoCardless have been working together since 2014.
The Financial Conduct Authority’s authorisation will allow Atoa to extend its payment services to businesses across the UK.
The collaboration will combine Macro Global’s cross-border payments and financial technology expertise with Volume’s Open Banking solutions.
Through the new partnership, driven by Mastercard’s Open Banking technology, Virgin Money credit card customers will be able to view their accounts and balances in one place.
Infact’s ‘Reporting API’ provides instant and accurate credit information via a single API.
Dave Glaser, Dwolla’s chief executive officer, said the partnership with Plaid will “transform the way mid-to-large organizations manage and execute financial transactions”.
Peter Hazlehurst, co-founder and chief executive officer of Synctera, called the funding round, which was co-led by Fin Capital and Diagram Ventures, “a vote of confidence”.
Early-stage tech investor Project A led the new investment in the SMB financial management platform, while Froda has formed a partnership with Mimo.
