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The rescue deal, which was facilitated by the UK Government and Bank of England, safeguards SVB UK’s customers’ deposits.
Mercedes pay+, which has initially launched in Germany, turns the car “into a payment device”.
Cuscal’s MD said the agreement will “cement our position as a leading provider of payments and regulated data services in Australia”.
The embedded finance platform has been purchased and re-capitalised with backing from D Squared Capital, Moneta VC and Ventura Capital.
By teaming up with Yapily, Zilch can maximise “the consumer benefits of Open Banking technology”, Philip Belamant said.
Through the initiative, currently being piloted in the UK, individuals without access to mainstream finance can build their credit file in only three months, via Open Banking.
New research by Aite-Novarica Group and Finastra revealed 65% of banks planning “significant or moderate level” of investment in payments tech.
Open Banking Nigeria called it “the culmination of a long journey for Open Banking in Nigeria”.
A webinar on women in the technology industry, hosted by Babel PR, heard from a range of female speakers about the value of mentoring and sponsorship.
During a panel discussion at Open Banking Expo’s Women in Open Banking meet-up, speakers revealed that authenticity, the ability to listen and humility are among the characteristics they look for in leaders.
