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EML Payments to liquidate PCSIL

News | Payments General | 24 Jan 2024

Australia-based EML Payments has announced it is winding down its Irish subsidiary, PCSIL, stating the business is no longer commercially viable and sustainable. 

paytech, payments , prepaid card, digital banking, financial services

The CJEU issues a landmark EU data protection ruling

News | Online & Mobile Banking | 12 Dec 2023

The CJEU has issued a new set of rulings in order to simplify the manner in which data protection supervisory authorities of the EU member states sanction legal entities. 

regulation, banking, online banking, digital banking, mobile banking, financial services, financial institutions

BNPL technology: harness card rails for a smooth ride

Voice of the Industry | Online Payments | 06 Nov 2023

Rudy Gunawan, Managing Director of OpenWay Asia, and Lana Konakova, Global Product Marketing Manager, Regional Marketing in North and South America, share insights on payment processing technology that is required to meet BNPL customer expectations for on-POS, ecommerce and in-app checkouts.

payment methods, BNPL, customer experience, KYC, ecommerce, digital wallet, banks, carding

Klarna and Schufa launch six-month pilot project 

News | Online & Mobile Banking | 23 Feb 2023

Sweden-based fintech Klarna has announced starting a six-month pilot project with Germany-based private credit bureau Schufa so that people can shop online quickly with Buy Now Pay Later and be protected against over-indebtedness.

partnership, credit scoring, banking, payment processing, mobile payments

DORA has entered into force

News | Digital Identity, Security & Online Fraud | 17 Jan 2023

The Digital Operational Resilience Act (DORA), published in the Official Journal of the European Union, has come into force on 16 January 2023 and it applies starting with the 17th.

regulation, European Commission, financial services, fintech, risk management

Technology for more human-centred financial services

Interviews | Digital Identity, Security & Online Fraud | 09 Jan 2023

Anna Muzalska from Quidgest explains how AI has revolutionised the way regulated FIs are equipped with leading-edge, secure, and efficient management information systems adjusted to international requirements, specifications, and emerging new market trends.

money laundering, banking, fintech, artificial intelligence, KYC, digital onboarding

Rollee report says gig workers struggle with financial exclusion

News | Online & Mobile Banking | 29 Nov 2022

Fintech Rollee has launched a report revealing that 76% of UK-based gig workers struggle with approval to access financial products of the likes of loans and mortgages.

report, research, financial inclusion, financial services, lending, credit scoring, credit card, payments , gig economy

VERMEG and LUXHUB launch Custodix Hub for data collection and processing

News | Online & Mobile Banking | 24 Nov 2022

Netherlands-based VERMEG and LUXHUB have launched Custodix Hub to connect data from custodian banks and insurance companies.

financial data, data sharing, data analytics, banks, insurance, partnership

DAS implements Open Banking for Rent Default insurance

News | Online & Mobile Banking | 24 Feb 2021

DAS Seguros has introduced Open Banking technology in its DAS Rent Default insurance, with the main objective of improving the customer experience, according to an official release.

Open Banking, online banking, insurance

FCA shows survey data on coronavirus financial resilience

News | E-invoicing, SCF & E-procurement | 07 Jan 2021

The Financial Conduct Authority (FCA) has published the results of its coronavirus financial resilience surveys sent to solo-regulated companies to inform of the impact of the pandemic, according to the official press release.

FCA, UK, survey data, coronavirus, financial resilience, Financial Conduct Authority, pandemic, solvency, companies

Experian, Invers to launch Open Banking solution

News | Online & Mobile Banking | 21 Dec 2020

Data and analytics company Experian has partnered with PSD2 AISP-licenced company Invers to provide companies with new Open Banking solutions 

Experian , Invers, Open Banking, product launch, partnership, PSD2, AISP, licence, analytics, online banking, banks

Detect raises GBP 250,000 in pre-seed funding round

News | Digital Identity, Security & Online Fraud | 19 Oct 2020

UK-based regtech Detected has closed its pre-seed funding round at GBP 250,000.

Detected, UK, regtech, funding, fund raiser, marketplace, procurement

Why B2B ecommerce needs to replicate the B2C experience – Enterpay

Interviews | Ecommerce | 06 May 2020

Jarkko Anttiroiko, Enterpay: Our mission is to make B2B ecommerce customer experience just as good as in B2C ecommerce

Jarkko Anttiroiko, Enterpay, B2B ecommerce, fintech, credit management, invoicing, finance, payments , merchants, online trading, coronavirus, B2B payments, banks, payments services

Oneplanetcrowd raises EUR 1 mln growth finance from European Investment Fund

News | E-invoicing, SCF & E-procurement | 09 Apr 2020

In order to further develop its platform and achieve further growth, Oneplanetcrowd has attracted funding from the European Investment Fund (EIF) via the EU’s Employment and Social Innovation Programme Capacity Building Investments window. 

Oneplanetcrowd, finance, European Investment Fund

Canada Life moves to UK with Temenos tech support

News | Payments General | 29 Mar 2019

Canada Life has picked Temenos’ Multifonds Global Accounting platform to support its UK investment accounting operations.

Canada Life, Temenos, UK, accounting

IBM, BearingPoint present regtech BPO offering

News | Payments General | 28 Nov 2018

BearingPoint and IBM Services have joined forces to present their business process outsourcing (BPO) offering, targeting the SME market.

IBM, BearingPoint, regtech offering, BPO, SME, regulations, banks, reporting

BitGo introduces financial transparency service

News | Cryptocurrencies | 01 Jul 2015

BitGo has launched a new service that allows customers the means to provide financial transparency.

Bitcoin, online payments, digital payments, cryptocurrencies, blockchain, financial transparency, BitGo