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Industry news

UK fintech Abound enters mortgage market with acquisition of Ahauz

AI-powered credit technology company Abound has entered the mortgage market with the acquisition of Ahauz, a tech-driven mortgage lender specialising in shared equity mortgages.

Nationwide Building Society chooses Moneyhub as data enrichment partner

Moneyhub has been chosen by Nationwide to create new spending insights for all of Nationwide’s 16 million customers across the UK.

Global Payments completes acquisition of Worldpay

Global Payments Inc. has announced the successful completion of its acquisition of Worldpay from FIS and GTCR, and the divestiture of its Issuer Solutions business to FIS.

Obol partners with Mastercard to launch cash flow management solution in Australia

Obol, an AI-driven cash flow management platform for modern businesses, announced its official launch in Australia through a strategic collaboration with Mastercard Open Finance.

UK Finance proposes commercial model for ‘Wave 2’ cVRP

UK Finance, which was supported by Deloitte, said that ‘Wave 2’ cVRP use cases “could generate a significant volume of payments”.

RentSpree expands into embedded finance with dedicated banking experience for landlords

RentSpree has launched a dedicated banking experience for small landlords, marking its first move into embedded financial services and expanding beyond screening and payments into full financial operations.

Modulr expands to US with FIS partnership

Modulr has launched in the US through a strategic partnership with FIS, expanding its real-time, API-driven payments capability beyond the UK and Europe.

State Bank of Pakistan unveils first cohort of regulatory sandbox applicants

Fintechs and financial institutions were invited to apply under several themes, including Open Banking.