Poor Payment Experiences Cause 62% of Luxury Brand Consumers to Shop Elsewhere
- 3 years 8 months ago
- Open Banking, Payments
New report finds luxury shoppers are turning their backs on brands due to security issues, tedious returns processes, and slow authentication 62% of luxury brand consumers will shop elsewhere if retailers provide a poor payment experience, according to research published today by Vyne.
O2W Leading Software Picks Nordigen as Their Open Banking Service Provider
- 3 years 8 months ago
- E-Commerce, Open Banking
Ecommerce and custom web development company
Younger Generations Turn Their Back on Banks Without Strong Environmental Credentials
- 3 years 8 months ago
- Open Banking
· Clear majority (62%) of 18-34 year olds want more information about their carbon footprint, and over half (53%) expect their financial services provider to do more to help them reduce it · One in four (23%) 18-34s already track their environmental impact through an app and nearly half (43%) would switch to a new financial provider who allowed them to see the environmental impact of their purchases
‘SME Banking Needs an Overhaul’ According to New BankiFi Analysis
- 3 years 8 months ago
- Open Banking
Open Banking Platform provider, BankiFi has published a new whitepaper, which highlights the need for a radical overhaul within the small-to-medium sized enterprise (SME) banking sector.
GoCardless on Today's CMA Open Banking Recommendations
- 3 years 8 months ago
- Open Banking
In response to the news that the CMA has issued recommendations for the future of Open Banking, Nanna Saito Nielsen, VP of Banking Operations at GoCardless, said: “We’re glad to see the CMA has published new guidance on the future of Open Banking. It’s not so much a resolution, however, as it is a signal that we’ve entered a critical phase of Open Banking development. We can’t afford to lose focus now.
Plaid Response to the CMA Future of OB Decision
- 3 years 8 months ago
- Open Banking
Kat Cloud, UK Policy Lead, Plaid, responds to the CMA’s verdict on the future of Open Banking implementation: “Many months since the Open Banking Implementation Entity’s (OBIE) final roadmap was published, we’re finally learning more about the CMAs plans to support further development of the sector.
Open Banking Oversight Still Unclear Following CMA Update, says Yapily
- 3 years 8 months ago
- Open Banking
Commenting on the latest announcement from the CMA on the future of Open Banking regulation, Maria Palmieri, Head of Public Policy, Yapily said: “Whilst it is encouraging to see further clarity from the CMA on the roll out of a Joint Regulatory Oversight Committee, many questions still remain around the future of Open Banking in the UK.
25/03 – Weekly Fintech Recap
- 3 years 9 months ago
- Digital banking, E-Commerce, Open Banking, RegTech, Security, M&A Deals, People Moves
Partnerships Yapily Partners with NayaOne to Offer Open Banking Connectivity
Yapily Partners with NayaOne to Offer Open Banking Connectivity
- 3 years 9 months ago
- Open Banking
Yapily is thrilled to announce a partnership with NayaOne and their Digital Sandpit. The partnership provides hundreds of organisations with access to Yapily’s next-generation financial data and payment initiation solutions. This is an exciting development and enables NayaOne’s customers to innovate and build next-generation financial products and services using Yapily’s open banking API infrastructure.
GoCardless Launches Open Banking-powered Fraud prevention Tool
- 3 years 9 months ago
- Open Banking, Payments, Banking
Verified Mandates will help merchants reduce fraud, protect revenue and provide a better customer experience GoCardless, a leader in direct bank payment solutions, has launched Verified Mandates in the UK, a feature within its global bank pay platform which combines the Account Information Services (AIS) capabilities of open banking with direct debit to stop fraud before it happens.
Avarda Taps Open Banking Services from Aiia to Improve Digital Payment Experience
- 3 years 9 months ago
- Open Banking
Today the Nordic-based payment service provider Avarda chose European open banking leader Aiia, a Mastercard company, to enable open banking payments through its white-label payment solutions for a wide range of retailers and merchants. Powered by Mastercard’s global open banking platform, Avarda provides online shoppers with a more hassle-free checkout experience.
TrueLayer Appoints Former Amazon Exec David Exposito as VP of EU Sales
- 3 years 9 months ago
- Open Banking
TrueLayer, Europe’s leading open banking platform, today announces that former Amazon executive David Exposito has joined the firm in the newly created role of VP of EU Sales, where he will manage commercial operations and development, including the company’s European Country Managers.
Mallard Finance Partners with Nordigen for Enhanced Lending Process
- 3 years 9 months ago
- Open Banking, Banking
Independent lender
Volume Partners With Yapily to Remove Hidden Online Checkout Fees With Open Banking Payments
- 3 years 9 months ago
- Open Banking, FinTech StartUps
Volume, the one-click checkout startup, has partnered with open banking infrastructure provider Yapily to reduce the $100 billion being paid by customers annually in hidden and unnecessary fees at online checkouts.
