Discover all the payments and fintech-related news and analysis about United Kingdom in The Paypers News, Reports, along with other United Kingdom-specific insights on the payments and fintech industry:
Discover all the payments and fintech-related news and analysis about United Kingdom in The Paypers News, Reports, along with other
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UK-based KYC Portal has launched a new module within the product, the Corporate Source Register (CSR).
data, KYC, product launch, TPP, digital identity
Starting with October 2023, JPMorgan's UK bank, Chase UK, will prohibit customers from purchasing cryptocurrencies.
cryptocurrency, scam, fraud management, transaction monitoring, digital currency
Custom Credit has announced its partnership with Open Banking fintech Ordo in order to improve financial literacy and make credit accessible with disruptive VRP solutions.
partnership, Open Banking, Open Finance, banking, online banking, mobile banking, digital banking, financial services, financial institutions
UK-based digital business banking platform Tide has announced its decision to offer its services to female-led businesses, starting out by the end of 2027.
banking, product launch, online banking, digital banking, mobile banking, financial services, financial institutions, financial data
UK-based Zodia Custody has raised USD 36 million in a Series A funding round led by SC Ventures, which is the venture arm of Standard Chartered.
funding, investment, cryptocurrency, digital assets
UK-based data intelligence platform Bud Financial has partnered with Fluro to improve its decision-making through transaction AI and Open Banking data.
partnership, banking, mobile banking, online banking, digital banking, Open Banking, Open Finance, artificial intelligence
UK-based financial management solutions provider Gemba Finance has partnered with ThetaRay to leverage its transaction monitoring technology.
artificial intelligence, partnership, fraud prevention, transaction monitoring
Scottish Widows has partnered with Moneyhub to introduce Open Finance features to its app, allowing customers to view all their finances in one place.
digital banking, financial services, personal finance management, bank account, Open Finance
UK-based Alpha Group has announced its plan to acquire 85% of Cobase, an ING-developed fintech.
acquisition, banking, online banking, fintech, financial services
UK-based payment orchestration platform CellPoint Digital has teamed with Continuum Commerce, which provides multi-currency and FX services.
payments orchestration, partnership, FX , checkout optimisation
Iceland has become one of the first supermarkets to roll out a Buy Now, Pay Later (BNPL) scheme with the aim of helping customers with soaring costs.
product launch, BNPL, prepaid card, partnership, transactions
UK-based retailer Sainsbury’s has chosen cloud-based payments service provider Checkout.com as a partner to modernise its digital payments infrastructure.
partnership, product launch, online payments, payments infrastructure, omnichannel, omnichannel payments solution, online platform
GoCardless, a provider of direct bank payments, has partnered with Xero, a small business platform, to provide its Instant Bank Pay feature to Xero’s customers in the UK.
partnership, Open Banking, Open Banking payments, banks, recurring payments
The Financial Conduct Authority (FCA) has announced that the Digital Sandbox will be made permanently available on 1 August 2023, following two successful pilots.
digitalisation, startup, SMEs, product launch, API, data protection
MorganAsh and Moneyhub have partnered to help firms deliver good outcomes for vulnerable customers, in line with the requirements of Consumer Duty.
partnership, Open Banking, Open Finance, financial data, data
The Open Banking Implementation Entity (OBIE), creator of the software standards connecting banks and fintechs in the UK, has announced it will transition into a new entity and regulatory framework in 2023.
Open Banking, product upgrade, regulation, PSD2, Open Finance
Paynetics has received its Electronic Money Institution (EMI) licence from the UK’s Financial Conduct Authority (FCA).
regulation, embedded finance, digital banking, banking license, EMI licence
Web3 solutions provider Aventus has partnered with digital payments and banking platform Nexos Technologies to bring blockchain to businesses.
partnership, web3, blockchain, Open Banking
Klarna has launched the UK’s first voluntary credit ‘opt out’, an additional tool in the Klarna app to help consumers save time and money.
product launch, credit card, transactions , payments , fintech
Germany-based identity proofing platform provider IDnow has added new features to its platform to thwart sophisticated fraudulent attacks in the UK.
expansion, fraud detection, fraud prevention, financial crime, identity verification, biometric authentication, digital identity