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Tink: UK consumers will not tolerate friction in online transactions

The research by Tink found that consumers recognised payment choices have increased, while 82% believe it is easier than ever to make payments quickly and in one click.

Token secures $40m to scale Open Banking payments in Europe

Token.io has raised $40 million in a Series C funding round to continue driving the shift from traditional payment methods to Open Banking-enabled account-to-account payments.

Smart Data gets Queen’s Speech endorsement

The UK government’s legislative agenda for the next parliamentary year makes reference to a Smart Data reform bill.

Yapily to acquire finAPI to create Europe’s leading Open Banking platform

Yapily has signed an agreement with SCHUFA to acquire finAPI, the leading provider of Open Banking solutions in Germany.

Brokers can be ‘facilitators’ to engage consumers in Open Banking

During an Open Banking Expo live panel debate, ‘Is broker integration the next big opportunity in Open Banking?’, speakers discussed how brokers can make better use of the Open Banking data they capture.

Citi announces SEPA instant payments launch in Europe

The global bank has expanded its instant payments proposition, providing “uniform connectivity” to all key domestic instant payment systems.

John Lewis chooses NewDay for rewards card relaunch

Previously, HSBC UK has been the credit provider for the John Lewis ‘Partnership Card’.

NatWest first UK bank to offer new payment option through VRP

The banking group has signed agreements with TrueLayer, GoCardless and Crezco to become the first bank to go beyond the regulatory mandate.

Payabl. hires from Klarna for new chief product officer

Igor Skachkov has joined payabl. from Klarna, where he was senior product manager, to help drive its next phase of product growth.