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The transaction was undertaken by Hinckley & Rugby Building Society and law firm Muve using PEXA Pay, and suggests that same-day remortgaging in the UK could be made possible.
Open Banking top-ups for Pleo customers will be rolled out across Europe, starting with the Netherlands and France.
‘The State of Digital Banking 2022’ report also reveals financial institutions recognise the importance of fintech partnerships for growth but are not quick to add new ones.
Through the new European partnership, ‘SlimCollect’ will enable merchants to offer a secure account-to-account payment to collect their revenue.
Jane Michotte, head of customer success EMEA at Cogo, explains why banks are in a unique position to be able to help create positive environmental change at scale, and what it means to her to be see green fintech on the agenda at the Open Banking Expo Europe Confex 2022.
Finastra’s Abhishek Sharma writes about the implementation challenges banks need to overcome before they can reap the benefits of ISO 20022.
The new bank is backed by Standard Chartered and FairPrice Group.
The new initiative uses a ‘slit system’ to help users identify whether it is a debit, credit or prepaid card.
Bybit customers can add fiat funds through TrueLayer to purchase digital assets offered by the exchange, such as Bitcoin and Ethereum.