09/27/2023
TrueLayer calls on the EU to improve payments with open banking
The open banking payments network is calling for policymakers to build on existing initiatives to improve user experience
Retail Banking
09/27/2023
Citi seeks global head of instant payments
This will involve handling a sizeable technology budget in order to drive a shift from legacy batch payment platforms to express delivery.
09/26/2023
Mastercard and Mercedes launch in-car payments
First came pay by card, now comes pay by car
09/26/2023
Payments fintech Nium opens European HQ in London
Nium is now generating 40 per cent of its revenues from Europe, nine years after launching in Singapore
09/22/2023
Saxo Bank announces open banking partnership with Mastercard
The payments feature is set to be rolled out across additional European markets as a next step.
09/21/2023
Spanish FinTech lender Payflow clinches €20m deal with BBVA Spark
Payflow has grand ambitions for this fresh capital injection, projecting it as the catalyst to multiply its business by ten.
09/21/2023
Revolut is branching into mortgages
The fintech is hiring staff to develop mortgage products in Europe
09/21/2023
CGI gains FedNow transaction certification
CGI was certified to support sending and receiving FedNow Service credit transfers and requests for payment.
09/21/2023
Fleximize Receives £136 Million Financing for SME Lending Solutions
By leveraging its proprietary technology and innovative underwriting processes, Fleximize ensures a seamless and expedited application process, allowing businesses to access the funds they need quickly and efficiently.
09/20/2023
Revolut's latest accounts delayed until 2024
Revolut had been due to file the 2021 accounts in September 2022 but was given a three-month extension to the end of the year.
09/20/2023
HSBC launches digital trade finance solution
HSBC TradePay is a faster, simpler, 100% digital way for companies to seamlessly pay suppliers and improve their working capital position.
09/20/2023
CBI expands Name Check coverage across Europe through Swift’s Pre-Validation service
Swift’s Payment Pre-validation is an innovative solution that seeks to reduce errors and mistakes in payment messages.
09/20/2023
Temenos Brings Innovative Payments Capabilities to IBM Cloud
Temenos Payments Hub becomes first payments solution to be available on IBM Cloud for Financial Services
09/20/2023
Oracle says it's ready to cater to Canadian banks' open banking needs
Open banking allows consumers and small businesses to securely and efficiently transfer their financial data among financial institutions and third party service providers.
09/20/2023
AFC Commercial Bank taps Intellect Design Arena to modernise banking operations
The bank which is on a high growth trajectory aims to leverage technologies to transform its banking experience.
09/19/2023
Citi TTS launches four payment solutions to improve UX
Confirmed Value Transfer (CVT), allowing for transparency on associated deducted fees ahead of initiating a transaction when there are multiple parties involved in processing a USD cross-border payment.
09/19/2023
Cashplus turns first £5.5m profit as a newly-licenced bank
Record-revenues for 2023 as payments and customer deposits both trended upwards
09/18/2023
Nova Credit partners with HSBC for cross border credit sharing
The UK immigrant population is one of the fastest-growing demographics in the country but access to financial services remains difficult for many newcomers.
09/15/2023
Half of all Payments Now Made Using Debit Cards
UK Finance today releases its latest Payment Markets Report which shows payments trends across 2022 and forecasts to 2032.
09/14/2023
Buy now, pay later booms for pensioners
The UK’s older generation, not just the young, are also turning to BNPL in record numbers