Yolt and the Digital DRA Partner to Strengthen the Next-generation Approach to Debt Resolution
- 4 years 1 week ago
- Open Banking
Yolt, Europe’s leading open banking provider, has announced a strategic partnership with The Digital Debt Resolution Agency (The Digital DRA) to harness open banking payment and data services to improve debt resolution in the UK. Yolt’s Account Information Service (AIS) and Payment Initiation Service (PIS) provided to The Digital DRA, will go live in January 2022 and will simplify and streamline the way in which customers fill out Income &... more
TrueLayer and NatWest Make the First Open Banking VRP Transaction
- 4 years 1 week ago
- Open Banking, Payments
Collaboration shows the potential of VRP as the next phase of Open Banking in the UK, accelerating the adoption of faster, more secure payments. TrueLayer, Europe’s leading open banking platform, has reinforced its reputation as an industry innovator by making the industry’s first Open Banking variable recurring payment (VRP) transactions with NatWest.
40% of Shoppers Ditching Online Retailers With Poor Payments Processes
- 4 years 1 week ago
- Open Banking
New report finds that hidden charges, slow speeds, website failures and lack of security are frustrating online shoppers into abandoning baskets 40% of shoppers are ditching websites with poor payments processes, according to research published today by Vyne.
APImetrics Partners with Finextra to Provide Public Access to Open Banking, Fintech and Crypto API Performance Data
- 4 years 1 week ago
- APIs, Open Banking, Cryptocurrencies
APImetrics has partnered with leading financial technology intelligence source Finextra Research to provide the first open access dashboard monitoring the real-world performance of Open Banking, PSD2 payments, fintech and crypto APIs.
Open Banking Adoption in Lending Set to Hit 70% in Next Two Years
- 4 years 1 week ago
- Lending, Open Banking
One in four (26%) lenders currently use Open Banking, with adoption set to skyrocket in next two years.
Majority of Public Expect Banks to Pay Out for Rising Scam Attempts
- 4 years 2 weeks ago
- Open Banking, Data Protection, Fraud Detection
· More than half (58%) of the British public reported receiving scam attempts at least once per week · Most (67%) expect their bank to foot the bill for successful scams, regardless of the total amount lost · 51% say they would switch banks if they were not reimbursed after falling victim to fraud
TrueLayer and Citizen Ticket Collaborate to Deliver a Better Payments Experience for Event Organisers
- 4 years 2 weeks ago
- Open Banking
Using instant account to account payments, Citizen Ticket can offer a faster, more secure checkout experience for clients Improves revenue by removing card interchange and transaction fees
Belvo and Visa sign strategic partnership agreement in support of Open Finance across Latin America
- 4 years 2 weeks ago
- Open Banking, Payments
Belvo and Visa have announced today their strategic partnership to support the acceleration of open finance products and solutions across key markets in the region, which empowers consumers and provides them with more choices.
Trusted Novus Bank Chooses Temenos for End-to-End Digital Transformation in the Cloud
- 4 years 2 weeks ago
- Open Banking
Temenos’ open banking platform will enable the Gibraltar bank to reimagine retail, corporate and private banking for the digital age
TrueLayer Continues its European Expansion Appointing Sebastian Tiesler as Country Manager for Germany
- 4 years 2 weeks ago
- Open Banking
TrueLayer, Europe’s leading open banking platform, has announced that Sebastian Tiesler has joined the firm as Country Manager for Germany. A highly experienced product and commercial manager, Hamburg-based Sebastian will define and manage commercial strategy in Germany, alongside TrueLayer’s Chief Revenue Officer Max Emilson.
Vyne’s open banking payments go live on 10 THG brands
- 4 years 3 weeks ago
- Open Banking, Payments
Vyne’s Open Banking powered account-to-account payment method has gone live on the online checkouts of 10 THG plc brands including Myprotein, Glossybox, ESPA and Zavvi
Yapily Partners with Dutch Sprinque to Boost B2B Payment Experiences
- 4 years 3 weeks ago
- Open Banking, Infrastructure
Yapily, the European open banking infrastructure provider, today announces a new partnership with Sprinque, the Amsterdam-based B2B checkout platform for marketplaces and merchants, to enable business buyers to seamlessly settle invoices online.
Financial Institutions Prioritise Payments and Customer Experience as Open Banking Spending Grows
- 4 years 3 weeks ago
- Open Banking
Pandemic impact on budgets during 2020 led to an average open banking spend of €32 million among European financial institutions compared to a projected €50-100 million Budgets have bounced back in 2021 – with investments in payment initiation topping the priority list for over two thirds (72%) of financial executives Use cases to improve customer experience and the onboarding process ranked joint second in importance (71%)
Paysend Further Strengthens Its Board With Former Mastercard Europe Chief Javier Perez
- 4 years 3 weeks ago
- Open Banking, Payments
● Paysend strengthens its board with experienced payments professional ● Mr. Perez spent 25 years at Mastercard, with 15 years as President Mastercard Europe ● The new appointment follows the successful Series B funding round in which Paysend raised $125 million at a valuation of $700+ million
Access to Affordable Borrowing Options Vital as UK Reliant on Credit in Run up to Christmas
- 4 years 3 weeks ago
- Open Banking
Debt levels among variable workers* have increased by ten percentage points throughout the pandemic, with the number of variable workers with debts of between £5,000 and £10,000 more than doubling from 2020 (10% to 23%). Of the 25-34 year olds that expect to increase borrowing in the next six months, 31% need additional funds to buy Christmas gifts for friends and family. These groups of society are also more likely to use higher cost credit... more
