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Latest news

Yapily becomes latest industry player to launch Variable Recurring Payments (VRP)

The announcement follows the Competition and Markets Authority (CMA) mandate that the UK’s nine largest banks must support VRP for sweeping by 31st July 2022. 

Lenders say Open Banking will ‘complement’ credit bureau data under Consumer Duty

Speakers from Equifax, AccountScore, Plend and Everyday Loans joined an Open Banking Expo live panel debate to discuss Consumer Duty, Open Banking and the rising cost of living.

Nexi partners with Microsoft to drive digital payments in Europe

The strategic collaboration demonstrates “the power of combining deeply local payments expertise with European scale”.

Rapyd joins forces with Rakuten Viber for digital payments launch

The partnership will enable cross-border digital payments directly within the Viber app.

MX looks to PayPal for new CEO

Jim Magats joins as CEO next month, after 18 years at PayPal.

Virgin Money enters BNPL space with Slyce

The new product, out later this year, will “bring more customers into a regulated credit environment”.

Trovata hires from Salt Edge ahead of European expansion

Vladimir Pintea joins the US cash management platform as VP of Open Banking engineering and Lisa Gutu as VP of business development.

Airbank selects Klarna Kosma as it eyes global expansion

The founder of Airbank said it will serve more than 50 countries by the end of 2022.

GoCardless and Plaid launch separate VRP offerings

Plaid has also launched variable recurring payments in beta as the Competition and Markets Authority’s deadline looms.

CRIF brings consumer credit scoring service to the UK

The Open-Banking powered solution will be available to banks and lenders in the UK.