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Industry news

Nationwide incorporates Experian’s new digital income verification service

Experian’s ‘Work Report’ will enable Nationwide to speed up the mortgage application process.

Tembo announces Series B funding round to scale savings app

The digital savings and mortgage platform has helped more than 4,000 first-time buyers to purchase their first home in the past 12 months.

CFIT’s second coalition reveals expected boost to UK economy from digital IDs

In a white paper, the Centre for Finance, Innovation and Technology’s second industry coalition revealed it has been working on a digital company ID to help combat financial crime.

Tarabut teams up to launch centralised Open Banking authentication in Bahrain

The new functionality has been rolled out by Tarabut in partnership with Bahrain’s BENEFIT and digital financing service provider FLOOSS.

Australian government consults on expansion of CDR to non-bank lending

Treasury is inviting feedback on draft amendments to the Consumer Data Right rules to expand to the non-bank lending sector and narrow the scope of data for the banking sector.

PSR: APP fraud victims lose confidence in new payment methods

The research by the Payment Systems Regulator also revealed that reimbursement is a top priority.

UK investment platform rolls out Payit by NatWest to customers

Payit by NatWest’s chief executive officer said that by integrating Payit, interactive investor will “streamline and simplify the online experience for their investors”.

Bectran tackles ACH fraud prevention in partnership with GIACT

ACH remains a popular payment method for B2B finance operations but is being targeted by scammers, according to Bectran.

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