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Latest news

NatWest unveils three new APIs for corporate customers

The bank has expanded its API suite to support demand from corporate, commercial, and institutional customers for real-time payments and automated reconciliation.

JP Morgan Payments partners with Mastercard to pilot Pay-by-Bank service in US

The technology behind Pay-by-Bank “reduces the likelihood of unauthorized transactions” and “frees” billers and merchants from having to retain consumer banking information.

Digital bank Kuda enters UK to help Nigerians avoid ‘prohibitive’ transfer fees

The digital-only bank will charge UK-based Nigerians a flat fee of £3 with a transfer limit of £10,000.

Payment fintech Pyypl closes $20m Series B funding round

The Middle East and Africa (MEA)-focused financial services platform plans to expand its reach across the region.

Open Banking Implementation Entity announces search for new Chair and Trustee

Charlotte Crosswell OBE, chair and trustee of the OBIE, will step down from her role when her contract expires.

How can fintechs weather the financial storm?

Olga Shikhantsova, a partner at European venture capital fund Speedinvest, writes about why, no matter the macroeconomic outlook, there’s always an opportunity for fintechs to shake things up.

Fintech Galaxy receives license from Central Bank of Bahrain

It has become the first central bank-regulated Open Finance platform in the MENA region, where Open Finance is forecast to grow to $11 billion by 2027.

Plend secures £40m in seed funding to scale in 2023

The ethical lender, which launched its first affordable credit product this year, has received investment from the founders of Monzo and Starling Bank, among others.

BIS teams up with three central banks to explore cross-border CBDCs using DeFi protocols

The exploration on cross-border exchange of wholesale CBDCs involves the central banks of Singapore, France and Switzerland and aims to deliver a proof of concept by mid-2023.