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Latest news

Klarna to begin charging UK customers for late payments

UK head Alex Marsh said Klarna did not want to “monetise the misery of customers who fall behind” and has launched a ‘Customer Recovery Programme’.

Insight: Banks must prepare for the New Payments Architecture transition

Finastra’s Paul Thomalla explains the risks and opportunities that UK banks need to consider amid the transition to the New Payments Architecture.

Tazapay adds Open Banking payments in UK and Europe through Volt partnership

Volt’s CRO Matt Komorowski said the partnership “demonstrates the global acceleration of real-time payments across many sectors”.

Shanghai Commercial Bank selects Salt Edge to comply with PSD2

The international bank will use Salt Edge’s PSD2 Compliance Solution to create a “bespoke” banking experience for its customers.

Western Union teams up with Beforepay to enable ‘send now, pay later’ money transfers

Australian consumers will be able to borrow additional funds through Beforepay’s wage-advance product on Western Union’s digital channels.

NBK Bahrain forms corporate payment partnership with Arab Financial Services

The partnership will improve the payments experience, by giving merchants and corporate customers of National Bank of Kuwait (NBK) Bahrain “smart, secure, and convenient” payments acceptance platforms.

NatWest, NAB call for UK and Australia to embed digital identity to ‘scale’ Open Banking

A joint report from the banks explores the “common threads that bind” both Australia’s CDR and the UK’s Open Banking regime.