Industry news
The partnership between A2A payment provider Dwolla and Visa aims to enhance Pay by Bank for enterprises.
The investment, led by Group 11, will enable US-based Aeropay to expand into a range of new markets.
A new report by Open Banking Expo and Bottomline delves into the growing threat posed by APP fraud and the most effective prevention strategies for the industry to adopt.
Jussi Lindberg, Trustly’s chief revenue office, called Open Banking payments “the preferred payment method”.
The European neobank has also announced an update to its AI chabot, ‘Finn’.
GoCardless president Paul Stoddart said the appointment will “add strength and depth to our business as we work towards our ambitious growth goals”.
The investment will support iwoca’s growth plans in the UK and Germany, and enable it to keep up with demand from SMEs for its ‘Flexi-Loan’ product.
‘Cashflow Attributes’ uses Open Banking data to provide lenders with a more detailed picture of US consumers’ creditworthiness.
Abound will also use the injection of funding to rollout Render, its proprietary AI credit technology platform, globally.
As well as major Canadian banking groups, the agenda features international use cases from BBVA and Bancolombia, respectively.
