Following the partnership, Lydia will use Tink as its main open banking technology provider, for enhancing the app’s connectivity and adding new services. As a first step of the partnership, Tink’s account aggregation and payment initiation services are being integrated into the Lydia app. This will improve the way users connect their accounts across multiple banks, manage payment beneficiaries and initiate bank transfers without leaving the app. 

Primer — the UK-founded fintech company that helps merchants seamlessly consolidate their payments stack and easily support future payment methods — launches with its unified payments API and checkout.

HPS, the leading multinational provider of payment solutions, today announced that Capitec Bank, South Africa’s second largest retail bank, will use PowerCARD to consolidate and modernise its Back Office payment activities for both their Card Issuing & Merchant Acquiring businesses.

An innovative lending solution from financial infrastructure provider, Banking Circle, has been named as a finalist in the 2020 Credit Awards category for Best Use of Technology – SME Lender.

The highly respected awards programme recognises and rewards innovation and best practice as well as the hard work of those working across the global credit and financial service industry.

Iptor, a leader in ERP and supply chain management software and services, has selected Medius AP Automation to enable efficient, automated processing of supplier invoices throughout its global organisation.

Fintech start-up, Vauban, announces impressive growth plans to revolutionise alternative investment. Founded in 2018, Vauban brings game-changing technology to a sector where the fax machine is still used for fund allocations. Vauban has secured significant investment, made significant hires and aims to administer over £1bn of capital on its platform by Q2 2021.

Leading payments issuer processor, Global Processing Services (GPS), today announces its appointment of three C-level executives: Richard Hodgson as Chief Financial Officer, Shaun Puckrin as Chief Product Officer, and Jerome Gudgeon as Chief Technology Officer.

Leading provider of Account-to-Account payment solutions, Nuapay, a Sentenial company, today announces an agreement with Cybersource, Visa’s global payment management platform. The agreement expands Cybersource’s existing alternative payments suite, enabling customers to further tap into Europe’s growing demand [1] for recurring payments using Nuapay Direct Debit solutions. 

Over a quarter, (27%)* of British SMEs have reported that all payments made to their business are already contactless as the UK adjusts to the rapid increase in e-commerce and online transactions, accelerated by the pandemic. 

BNY Mellon’s digital strategy continues to reshape the Treasury Services industry through the development of its growing suite of solutions and services, to support its clients’ evolving needs. Innovation is taking place across all areas of its Treasury business—in payments, liquidity and trade finance solutions — with an emphasis on making digital solutions easier to access than ever before.