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The Labour Party has revealed its plans for the UK’s financial services sector, including Open Banking and Open Finance, should it come to power at the next general election.
Volt now powers Bumper’s ‘Pay Now’ function, which allows for seamless automotive payments.
The two new out-of-the-box features have been added to Flinks’ ‘Outbound’ solution.
Michelle Prance has been named as the new chief executive officer to lead it through its next period of growth.
The research by PayIt by Natwest found that businesses which are not using Open Banking typically spend £1,687 more on payment processes each year.
HL has processed more than £850 million in payments to its ‘Active Savings’ accounts using Ecospend’s solution, since May 2023.
The partnership follows Ozone API’s recent funding round, which raised £8.5 million.
Open Banking Expo’s Women in Open Banking initiative now has more than 500 members.
Through the partnership, Tiger Brokers’ UK clients will experience a more efficient onboarding and deposit process.
Following the deal, GFT will become a top three provider of IT services for banking across Latin America.
