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The research by Rapyd found that 96% of Mexicans and Brazilians, 87% of Colombians, and 84% of Argentinians make regular use of non-bank payment apps.
Under the partnership, Moneyhub will provide the data and payment API connections and technology engine for Mutual Vision’s Open Banking services.
The HPE GreenLake edge-to-cloud platform will host more than 100,000 workloads across the banking group’s strategic hubs in the UK, US and Asia.
The funding round was led by Bessemer Venture Partners, with the new investment to be used to expand Papaya’s team and forge new partnerships.
Pensions Dashboard Programme chose three commercial providers, in addition to the Money and Pensions Service non-commercial dashboard, for its alpha testing phase.
The BNPL provider has selected A2A payments provider GoCardless to offer bank debit payments to its US customers.
NatWest’s Daniel Globerson called VRPs a ‘ground-breaking innovation’.
European merchant acquirer PAYSTRAX selected Europe’s leading intelligent transaction monitoring platform Sentinels to enhance the AML processes for its portfolio of European payment services.
New research by Credit Kudos revealed that 47% of all lenders surveyed believe that Open Banking could help save time and cut the cost of credit decisioning in the future.
The new product will enable users to make instant withdrawals and refunds and aims to ‘drive adoption’ of Open Banking payments.
