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Industry news

Amount stolen through fraud falls in 2023 as banks’ prevention efforts pay off

Ben Donaldson, managing director of economic crime at UK Finance, revealed “concerns” about the new reimbursement rules coming in later this year.

FDATA North America issues response to Bank of Canada’s RPAA consultation

Implementation of the Retail Payment Activities Act regulations will establish a robust regulatory framework for 2,500 PSPs, according to FDATA North America.

Insight: Navigating the global fraud landscape – imperatives for payment professionals

Bottomline’s Omri Kletter explains how organisations can adapt to meet the risks and threats in an evolving landscape.

Australia’s WeMoney secures investment, signs new commercial deal

The financial wellness app’s founder and chief executive officer Dan Jovevski said the new partnership will allow it to “serve more members”.

Travel agent network partners with Boodil for Open Banking payments

Travel agents will be able to embed the new payments portal into their website to encourage customers to use Pay by Bank.

HSBC UK unveils financial insights tool for small businesses

The bank has launched the new tool in partnership with an accounting software company.

VantageScore CEO hails ‘new era’ of credit scoring with Open Banking data

US-based VantageScore has unveiled its newest credit scoring model, ‘VantageScore 4plus’.

Belvo launches employment data solution in Colombia

The new Open Finance solution aims to close the credit access gap, by expanding the number of adults eligible for a credit offer.

Dwolla works with Visa on integrated payment solution

The partnership between A2A payment provider Dwolla and Visa aims to enhance Pay by Bank for enterprises.

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