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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
Barclays Bank has formed a strategic partnership with corporate venture builder Rainmaking, through which it will launch a new suite of initiatives for global fintechs, according to Open Banking Expo.
partnership, Barclays, fintech, startup
UK-based Barclays has received approval from Australia's prudential regulator to operate as a foreign bank in the country.
banking license, Barclays, bank account, online banking
Amazon has partnered with Barclays to launch their new BNPL service ‘Instalments’ for consumers in the UK, which will charge interest over the payment period.
BNPL, partnership, Amazon, Barclays, expansion, online payments, payment methods
Barclays-commissioned research has revealed the downsides of unregulated BNPL agreements for Christmas shoppers in the UK, with 2 in 5 users not fully knowing what they sign up to.
BNPL, online payments, Barclays, research, online shopping
Form3, a cloud-native payment technology provider and Barclays have announced the addition of a SEPA Credit Transfer (SCT) service to their combined directly connected access solution.
partnership, Barclays, SEPA, API
UK-based Barclaycard Payments has extended its relationship with B2B payments platform SAP by integrating its Smartpay gateway into SAP’s Upscale commerce platform.
Barclays, ERP, partnership, virtual card
Barclays has announced its United States arm will buy a USD 3.8 billion credit card portfolio from Synchrony Bank, as the UK-based lender seeks to grow its US profits.
Barclays, acquisition, credit card, lending
UK-based Barclaycard Payments has announced it has agreed to join Mastercard Track Business Payment Service, making new services available to Barclaycard Payments’ customers later in 2021.
partnership, Mastercard, Barclays, corporate card, credit card
Barclays, investment, banks
fintech, IPO, Goldman Sachs, Barclays
UK banks have declared they are unhappy with the high costs associated with Open Banking reforms, which force them to share data with rivals in a bid to increase competition.
Barclays, banks, Open Banking, data
banks, fintech, financial institutions, Barclays, funding, retail banking, financial services
remittance, IPO, banks, JP Morgan, Barclays, Amazon
Barclays US Consumer Bank has partnered with Amount, a technology provider for financial institutions, to become one of the first major US banks to offer POS financing instalment options.
Barclays, partnership, product launch, POS, merchants, instalment payments
Barclays, Mastercard, partnership, credit card, loyalty programme
Barclays, transactions , scam, online banking
Barclays, product launch, credit card, loyalty programme
In the wake of Britain’s exit from the European Union, Barclays has expanded its private banking business to France and Italy.
Barclays, investment, banks, Brexit
Barclays, green BGIs, trade finance, sustainable trade, green finance, bonds guarantees and indemnities, corporate banking