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Industry news

Zumo launches virtual Visa debit card

Through its partnership with Modulr, Zumo customers will be able to hold and exchange cryptocurrency in the Zumo app.

OpenWrks merge with Tully, PayPlan and PayLink

The merger will create a new tech-enabled debt advice, financial wellbeing and credit solutions group.

Insight: The ‘butterfly effect’ in payments

Modulr’s Gavin Waddell explains how addressing the inefficiencies within back-end technology processes can have a huge impact on front-end outcomes.

New Tide tool tackles late payments

Tide’s ‘invoice assistant’ will provide small businesses with automatic invoice chasing

Australia’s Frollo partners with EML Payments

In April, Frollo announced it has signed Australian bank ANZ as a client.

Deutsche Bank’s Hensen on ‘exchanging experiences’

The co-founder and co-lead of the Deutsche Bank API Program talks to Open Banking Expo TV about why Open Banking adoption is like training a muscle.

How can Open Banking revitalise SME lending post-Covid?

As government support comes to an end, a panel of commercial lenders will consider what the sector can do to plug the SME finance gap and minimise credit risk.

Fintech a55 secures $35m investment

The revenue-based financing start-up raised the funds from Accial Capital, E3 Negócios, and Mouro Capital.

Plaid and Railsbank enter partnership

The new strategic partnership will allow customers of Railsbank, including ikigai, to access Plaid’s payment initiation API.

Rise in young borrowers open to data sharing

The Credit Kudos Borrowing Index has found that the under 35s are nine times more likely to have been turned down for borrowing since the start of the pandemic and are now increasingly interested in sharing transaction data to secure credit.

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