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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