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HSBC, Nationwide and TSB reprimanded by CMA for transaction histories breaches

The CMA has written to each of the banks about their failure to send payment transaction histories to personal and business customers after their accounts had closed.

ClearScore unveils automated debt repayment solution

‘Clearer’ is available to all ClearScore’s directly integrated loan partners, with Abound the first to sign up.

TrueLayer launches payment links feature for merchants

Topps Tiles and Solent Wholesale Carpets are already using TrueLayer’s payment links, which is powered by Open Banking, to send invoice payment requests.

Bunq secures €44m in growth capital

The neobank has maintained its €1.65 billion valuation.

Bud powers TotallyMoney’s new payments tracker feature

By integrating Bud’s Open Banking data, TotallyMoney is “bridging the financial inclusion gap” in the UK.

Mediobanca and Founders Factory form joint venture to invest in fintechs

Together, the Italian investment bank and Founders Factory will build and invest in 35 fintechs over the next five years.

UNIPaaS taps into GoCardless’ bank payment network

The embedded finance provider will be able to offer Open Banking payments via GoCardless’ white label integration, ‘Embed’.

FCA to launch permanent Digital Sandbox in August

Earlier this year, NayaOne was awarded the FCA’s tender to build the permanent Digital Sandbox, which will also open to data providers.

US Federal Reserve goes live with FedNow instant payment system

The central bank said that 35 banks and credit unions are “early adopters” of the interbank service.

Canada’s Duuo by Co-operators launches embedded insurance API

Duuo by Co-operators’ event and tenant insurance will be the first API integrations available to partners.