Industry news
Through the partnership, the debt management platform uses Open Banking insights to create more manageable repayment plans for those in debt.
Managing director of its UK business Lisa Jacobs has been named the new CEO of Funding Circle, and will take over from 1 January 2022, as Desai moves to a new role on the board.
By integrating TrueLayer’s Open-Banking powered PayDirect platform, the online car retailer can also improve the refunds experience.
Senior executives and leaders from across Open Banking and Open Finance will be able to gather in London for this year’s event, along with headline partner Token and more than 80 speakers from across the industry.
Token’s head of legal and policy Tim Waller writes about why the industry needs to increase awareness of Open Banking services and the problems they solve.
The decision to shut down the consumer-facing app is part of a repositioning and will allow it to focus resources on its Open Banking platform Yolt Technology Services.
The acquisition boosts PayPal’s presence in the country, where it said Paidy had ‘pioneered’ BNPL solutions tailored to the Japanese market.
Partnership sees Experian power OBR’s flagship product OpenRep, an ‘early warning system’ for SME owners and lenders.
Mastercard said that the addition of Aiia will ‘anchor’ its European Open Banking efforts.
Mariko Beising has been named head of payment partnerships at the Open Banking platform.