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Industry news

Osu says ‘no-brainer’ to partner with Yapily

The invoicing and payment app uses Yapily’s API infrastructure to allow the self-employed to receive payments without high fees and settlement delays.

Insight: The consumer credit tightrope

Harry Hughes of the Lending Standards Board considers credit necessity versus choice and explains how to identify the two.

Allica Bank launches direct-to-SME offering

The lender has hired three relationship managers and one new business executive as part of the launch which is part of a more personalised service for SMEs.

loyalBe raises $1m to expand in Ireland

The fintech start-up has secured funds to grow its bank-linked loyalty solution.

Liberis unveils new strategy for SME funding

The company has also expanded into Denmark, where it will serve 34,000 SMEs through partnerships, in line with its new strategy.

Norges Bank to begin testing CBDC solutions

The central bank will use the technical testing to decide whether issuing a CBDC is “appropriate” as cash usage continues to decline.

Canada, US are Open Banking ‘global leaders’

Financial Data Exchange managing director Don Cardinal said the narrative that the US and Canada are lagging when it comes to Open Banking adoption “is just wrong”.

Volt and Bunq partner for open payments

The partnership will allow Bunq’s users to fund their accounts and “start spending on their terms”.

Affirm buys Returnly for $300m

The buy-now-pay-later firm has entered a definitive agreement to acquire Returnly as the rise in returns to retailers creates additional costs.

Nordic API Gateway rebrands to Aiia and partners with Open Banking Expo

The Open Banking platform announced the rebrand as part of its European rollout and has also been confirmed as a key partner for Open Banking Expo 2021.

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