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The partnership intends to make it quicker and easier for businesses to analyse and use consumer-permissioned Open Banking data to underwrite consumers.
Paymob co-founder Islam Shawky called it “a significant accomplishment” and said it builds on Paymob’s expansion plans in Saudi Arabia.
Darran Morford of obconnect writes about the challenges facing Open Banking today, and what we can learn from the adoption of Chip and PIN card payments in the late 1990s/early 2000s.
Global standard ISO 20022 is set to replace the legacy MT financial messaging formats.
Radisson Hotel Group joins Virgin Atlantic, LastMinute.com and Sabre, among others, in choosing Nuvei as a preferred payments partner.
Partnership comes amid a “growing appetite for seamless payment methods during the B2B purchasing experience”, according to Mambu’s Scott Wilson.
Kumar joins from Amrop, having previously worked in senior leadership roles at Citigroup, KPMG and Info-Tech Research Group.
Ana Climente Alarcon, head of Open Banking at BBVA Spain, reveals the challenges and opportunities that lie ahead for Canada’s banks and fintechs in implementing Open Banking.
Aquiline Capital Partners led the Series E funding round in Smart, which expects AuM to exceed £10bn in by end of first half of 2023.
Deutsche Bank will handle the receipt, custody and shipping of all funds for Moss.
