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Found 11 results in 812 milliseconds.

Paytm is considering the acquisition of Bitsila

News | Mobile Payments | 09 Feb 2024

India-based digital payments app Paytm has engaged in talks to acquire Bengaluru-based interoperable ecommerce startup Bitsila.

acquisition, digital payments, ecommerce, payments

The future of Open Banking and the rise of 'Open Everything'

Voice of the Industry | Online & Mobile Banking | 05 Feb 2024

Marion King, Chair of Open Banking Limited, reflects on the transformative journey of Open Banking, as it empowers consumers & businesses, shaping a future of 'Open Everything'.

Open Banking, Open Finance, report, financial services, data sharing

Monzo launches instant access savings service

News | Online & Mobile Banking | 17 Feb 2023

UK-based digital financial institution Monzo has announced the launch of its first instant access savings pot with a 3 percent interest rate.

product launch, digital banking, online banking, financial data, financial services

epay selects Fraugtser for AI fraud prevention services

News | Digital Identity, Security & Online Fraud | 10 Aug 2022

epay, a segment of Euronet Worldwide, has selected Fraugster, a payment intelligence company, to pilot artificial intelligence fraud prevention services.

partnership, fraud prevention, payment processing, artificial intelligence, digital payments

Monzo cautioned to abide by banking rules

News | Digital Identity, Security & Online Fraud | 27 Jul 2022

UK’s Competition and Markets Authority has ordered digital bank Monzo to review the way it informs departing customers of their historic financial transactions.

regulation, transaction monitoring, credit scoring, financial data

CMA announces next steps on future oversight of Open Banking

News | Online & Mobile Banking | 25 Mar 2022

The Competition and Markets Authority (CMA) has published its recommendations for the future oversight and governance of Open Banking.

Competition and Markets Authority, Open Banking, regulation

Lloyds and Barclays reprimanded by CMA

News | Online & Mobile Banking | 22 Mar 2022

UK-based banks Lloyds and Barclays have received notifications of failures in complying with Open Banking rules by the Competition and Markets Authority, AltFi reports

Barclays, Competition and Markets Authority, Open Banking, regulation

UK Competition and Markets Authority publishes update on Open Banking

News | Online & Mobile Banking | 08 Nov 2021

UK’s CMA has published an update on Open Banking to set out progress in strengthening corporate governance at OBIE following an independent investigation and CMA’s consideration on the future governance of Open Banking.

Open Banking, regulation, retail banking, banks, fintech

Metro Bank has to repay over EUR 12.9 mln to customers

News | E-invoicing, SCF & E-procurement | 22 Apr 2020

The Competition and Markets Authority (CMA) has ordered Metro Bank to repay EUR 12.9 million to customers it overcharged.

Metro Bank, Competition and Market Authority, overcharge, Retail Banking Market Investigation Order

Interview with Imran Gulamhuseinwala, Trustee of the Open Banking Implementation Entity (OBIE)

Interviews | Online & Mobile Banking | 15 Nov 2019

Imran Gulamhuseinwala, OBIE: In order to make Open Banking a success, we need to look beyond PSD2, which, despite being an amazing piece of legislation, it did not have a background of understanding of Open Banking potential when it was created

Imran Gulamhuseinwala, Open Banking Implementation Entity, OBIE, Open Banking, fintech, innovation, UK, PSD2, standardisation, CMA, consent, GDPR, security, authentication

Open access as an element in the collaborative spectrum for innovation

Voice of the Industry | Expert Opinion | 01 Nov 2017

Ir. Simon L. Lelieveldt, Regulatory consultant in payments talks about the second Payments Service Directive (PSD2), which will enter into force as of January 2018

Simon L. Lelieveldt, Open Banking, APIs, open acess, PSD2, directive, regulation