• Toolstation will become one of the largest ecommerce sites to adopt open banking
• Company adopts a series of different open banking enabled products to maximise customer experience

Toolstation has today announced that it is partnering with Ecospend, a leading UK provider of open banking technology, to become one of the largest ecommerce sites to adopt ‘pay-by-bank’ technology as a payment alternative.

With its goal of transforming Fintech for the better, VitraCash motors towards its full release

VitraCash has opened its revolutionary debit card and app to beta customers, heralding a new era of simplicity for consumer payments even in the most remote global destinations.

Coinbase, the global cryptocurrency exchange platform, has published its latest market intelligence report, looking at the future of Ethereum. 

Appoints seasoned payments executive as new Chair of the Board

Latest findings from ITRS Group highlight urgent need for investment in strong operational resilience in post-pandemic landscape

A new global survey from leading software provider ITRS Group has found financial services firms are struggling to keep up with an unprecedented rate of digital transformation in the wake of the COVID-19 pandemic.

First Northwest Bancorp (FNWB) announced a new fintech partnership with Splash Financial, a leading digital lending platform that helps borrowers easily shop and compare financial products. Through its subsidiary, First Fed Bank, FNWB will work collaboratively with Splash to develop and deploy consumer loan products and solutions throughout the country.  

Monneo, a virtual IBAN and corporate account provider has added a new European bank partner to its banking network, meaning it can now offer multi currency IBAN accounts to customers. The updated service allows merchants to receive international payments in more currencies, whilst still retaining the ability to securely store all funds in one centralized account.

Retailers often build their own “orchestration” platforms for payment processing and routing, but these can be complex to maintain. Spreedly plays in this space, and, last year, new startup Gr4vy launched in the U.S. to do this in an even more fleet-of-foot manner, it claimed.

ING announced as first financial institution to become shareholder of EIT InnoEnergy