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Managing director of Funding Xchange Sarah Hollyhead called the investment from Barclays “transformational”.
Nuvei’s integrated ‘Invoice Financing’ services enable businesses to access cash, by converting outstanding invoices into immediate working capital.
Banks can deploy SurePay solutions, including Confirmation of Payee, on top of their existing Temenos core banking system.
Token.io has hired a new chief financial officer and chief commercial officer, respectively, as it eyes further growth.
Multifi’s chief executive officer said the partnership is “fundamentally changing how UK SMEs access and manage their finances”.
NatWest’s API growth manager Stacey Wilkinson spoke to Open Banking Expo about the need for other UK banks to provide digital identity solutions for the sake of merchants and consumers.
Attos Open Banking technology and FICO’s transaction data analytics will provide lenders with predictive models built on Open Banking data.
Sage’s SMB customers globally will have access to GoCardless’ direct debit and Open Banking payment capabilities.
A survey by The Payments Association also revealed that the majority of respondents believe AI will be the key to combatting fraud.
Finastra’s Neil Macro writes about the increasing demand for instant payments, the pricing considerations for FIs, and the technology challenges on the road to modernisation.
