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Sailesh Panchal has worked at Metro Bank and the Payment Systems Regulator.
Carl Slabicki, co-head of global payments, treasury services at BNY Mellon, said the study “reinforces” that the adoption of real-time payment capabilities will continue to increase.
Finastra’s Compliance-as-a-Service enables US and European banks to comply with instant payment infrastructures, such as FedNow and TIPS.
Eileen Chibb joins Trustly as chief operations officer, having previously worked at buy now, pay later provider Klarna and Jussi Lindberg has been appointed as chief revenue officer, from Adyen.
Monzo customers will be able to start investing via the app, with three multi-asset BlackRock-managed funds to choose from.
Form3 will use the investment to develop new products and services, and expand into new territories.
Research by Checkout.com in the US, UK, France and Germany revealed merchants in those countries missed out on $50.7 billion in revenue, due to poor payment performance.
The new feature eliminates the need for recipients’ bank account details, making it particularly useful for issuing non-card refunds, returning deposits, and sending one-off payments.