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The building society developed the real-time savings account funding, which uses Open Banking technology, to give “members the ability to seamlessly sweep their money”.
JP Morgan and longstanding backer Triple Point have provided the facility, which Capital On Tap will use to help small businesses.
Wes Hummel has been hired as chief technology officer, having worked alongside MX CEO Jim Magats at PayPal previously.
First bank in the UK to complete managed rollout process overseen by OBIE.
The venture capital investing group has invested in Belvo, which is planning further growth in Mexico.
The Berlin-based company has collaborated with Token to provide a solution for A2A payments.
Neil Williams, chief technology officer at LendingMetrics, writes about why Open Banking’s time has finally arrived.
Swiss fintech’s customers to “benefit from a wide network” when making cross-currency payments.