Industry news
Research by FSB found that more than half of the 5.5 million small businesses operating in the UK suffered from late payments in 2022.
In the global fight against fraud, the UK’s experience provides valuable lessons
The European Open Banking payments network has hired Banked’s chief executive officer for Europe to fill the new role.
Hello Clever’s chief executive officer said shoppers are seeking instant rewards and benefits amid the current economic climate.
Chief executive officer Jan-Pieter Lips said Open Banking payments are particularly cost-efficient for large transactions.
Open Finance is one of six “priority themes” identified by the Bank for International Settlements Innovation Hub.
Fintech Galaxy’s Mirna Sleiman said the partnership is testament to its commitment to driving digital transformation in the financial sector.
Trustly’s group chief executive officer said it is using AI and big data to “transform the recurring payments landscape”.
Ozone API supports global open finance standards by offering more than 400 standard APIs on its Open API platform.
TrueLayer’s Mariko Beising called Open Banking payments a “simpler, safer and more intuitive option than legacy repayment methods”.
