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Archive for May 2022

Trustly acquires Ecospend to strengthen its position in UK

By OpenBankingExpo | 30 May 2022

Swedish Open Banking payments platform Trustly acquires British Open Finance technology company Ecospend to further accelerate its expansion in the UK.

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NatWest claims UK’s first ‘non-sweeping’ payments through VRP

By Ellie Duncan | 27 May 2022

The “market-first pilot” saw the payments made by NatWest customers to Charity Right and lettings software provider Pink Chilli, supported by GoCardless and TrueLayer, respectively.

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Mastercard forms partnership with HyperPay to expand digital payments in MENA

By Ellie Duncan | 27 May 2022

The collaboration will see Mastercard make a strategic investment in Saudi Arabia’s HyperPay.

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CRIF teams up with Penny to offer invoice financing service for SMEs

By OpenBankingExpo | 26 May 2022

Penny teams up with CRIF to help UK SMEs get their invoices paid instantly, better manage their cashflow and improve their creditworthiness.

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Yapily partners with Two to tackle Europe’s €400b SME finance gap

By OpenBankingExpo | 26 May 2022

Yapily partners with B2B BNPL start-up Two to help businesses access credit via BNPL and Open Banking.

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Insight: Why there’s a problem with the Reimbursement Code

By Emma Lovell | 26 May 2022

The fight against APP scams has some way to go, according to the Lending Standards Board’s Emma Lovell, who writes that prevention in an increasingly expansive payments landscape cannot solely lie with banks and lenders.

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Q&A: Comma’s Ger Kelly on how Open Banking has helped restore SMEs’ trust in UK banks

By Ellie Duncan | 25 May 2022

Ger Kelly, head of Open Banking at Comma, explains how Open Banking in the UK has levelled the playing field between banks and their business and retail customers.

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Belvo unveils Open Finance solution for Brazilian financial institutions

By Ellie Duncan | 25 May 2022

Companies will be able to access data from both regulated financial institutions and non-regulated data sources through a single platform.

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GoCardless announces first VRP customer

By Ellie Duncan | 20 May 2022

The savings app for first-time buyers Nude has selected GoCardless to gain access to both Direct Debit and instant Open Banking payments through a single integration.

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Open Banking Expo Awards 2022 shortlist revealed

By Ellie Duncan | 19 May 2022

Find out which companies and individuals from across the Open Banking and Open Finance community have been shortlisted.

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