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Research by Mastercard Canada found that the majority of small business owners already use digital financial tools, with security a high priority.
The Nordic fintech will use the capital injection to offer new digital banking solutions to customers.
In a joint statement, the organisations have raised “serious concerns” about the bank’s decision to transition to a new Consumer Data Right solution, but ING said its update will “ultimately enhance the Open Banking experience”.
The acquisition means Tide members will be able to use Funding Options’ panel of more than 120 lender partners.
Third party payment providers can integrate GoCardless Embed into their platform through a single API.
Updates to the UK-based Code require signatories to “go further” in identifying new and existing accounts “at higher risk” of criminal activity.
The digital financial management platform for businesses chose Klarna Kosma so it can expand its connectivity internationally.
TrueLayer’s Nick Tucker called variable recurring payments for sweeping “a step change for debt management”.
The Open Banking platform’s ‘TG Connect’ product will provide Tamam with access to real-time financial data.
The Irish insurtech’s product ‘Extended Warranty and Purchase Protection’ will be available to bunq customers in Europe.
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