Open banking

1196 articles tagged with this keyword

/crime

MPE 2024: AI-driven misinformation and consumer education in fraud

In an exclusive interview at Merchant Payments Ecosystem 2024, trust and safety architect at Sift Brittany Allen spokes with Finextra on new challenges in the fraud space, and how the spread of misinformation on social media is a major concern with AI-driven technology.

/payments

Klarna adds open banking settlements for 18 million consumers and 32,000 retailers

Klarna, the AI-powered payments network and shopping assistant, has begun to roll out open banking-powered settlements in the UK.

/payments

MPE 2024: What does a smart city look like?

In a keynote presentation at Merchant Payments Ecosystem 2024 in Berlin, Hemlata Narasimhan, president of Elavon explored what a smart city could look like in 2030, using Venice, Italy as a case study.

/payments

GoCardless approved as open banking payment method for Crown Commercial Services

Bank payment company GoCardless has been named as a supplier on Crown Commercial Service’s (CCS) Open Banking Dynamic Purchasing System (DPS) framework, the ‘one-stop-shop’ for all open banking services for the public sector.

/payments

Mastercard launches open banking-powered subscription management tool

Mastercard has launched an open banking-powered subscriptions management tool that banks can plug into their apps.

/payments

MPE 2024: How are merchants implementing AI in payments?

At the Merchants Payments Ecosystem conference 2024, Chairwoman Anna Maj moderated the session ‘Next-Generation Technologies for Merchant Payments’, speaking to a panel of experts including Bartosz Skwarczek of GZA Capital Group, Galit Shani-Michel from Forter, Bono van Nijnatten from ASOS Payments, and Francesco Burelli of Arkwright Consulting. Maj questioned the panelists on how AI is being used in merchant payments and where AI can take their companies in the future.

/payments

MPE 2024: What’s new for merchant payments and the role of digital wallets?

At the annual Merchant Payments Ecosystem conference in Berlin, businesses and leaders in payments come together to exchange ideas, perspectives, and visions in the merchant payments industry.

/payments

Digipost implements Neonomics open banking checkout

Digipost, Norway’s official digital mailbox, has recently launched Neonomics open banking powered Checkout as the sole payment method for its 3 million end users, enabling people across Norway to pay their invoices directly within their Digipost app in a faster and more convenient manner.

/payments

Nexi selects Mastercard as open banking account-based payment partner

Nexi, the leading PayTech in Europe, has chosen Mastercard as its strategic partner across Europe to support open banking account-based payments. Through this partnership, Mastercard Open Banking will facilitate e-commerce payments across Nexi’s gateways serving merchants across Europe.

/retail

Savis and Konsentus team on open banking in Vietnam

Savis and Konsentus today announce that, together, they have created an operational structure for open banking in Vietnam.

/payments

Ant Group raises transaction limits for travelers on e-wallet services inline with new PBOC policy

In response to China's new policies to facilitate international visits, Ant Group is raising single-transaction limit for international travellers using its cross-border payment services from USD 1000 to USD 5000; and annual cumulative transaction limit up from USD 10,000 to USD 50,000.

/identity

Tarabut streamlines open banking onboarding at Benefit

Tarabut, MENA’s first and largest Open Banking platform, today announces its partnership with BENEFIT, Bahrain’s leading FinTech company and the national electronic payment infrastructure operator, introducing a new consent authentication method to streamline Bahrain's Open Banking ecosystem.

/payments

Socure and trustly combine for compliant pay by bank services

Socure, the leading provider of artificial intelligence for digital identity verification, sanction screening and fraud prevention, and Trustly, a leading global Open Banking payments provider, today announced an industry-first partnership to offer merchants and fintechs a streamlined onboarding and guaranteed Pay by Bank solution.

/regulation

Open finance could boost UK GDP by £30.5 billion says CFIT CEO

The Centre for Finance, Innovation and Technology (CFIT) has published its report on the benefits of open finance in line with the Kalifa Review.

/payments

Mastercard offers issuers open banking-based account opening

Mastercard has launched a programme that uses open banking to streamline the account opening process for some US debit and prepaid products.

/wholesale

Uncapped implements Yapily's open banking kit

Yapily, a leading provider of open banking solutions, is delighted to announce its partnership with Uncapped, a pioneering fintech providing working capital funding to scaling brands retailers and merchants across UK, EU and US.

/payments

Dwolla unveils open banking services

Dwolla, a leading U.S.-based account-to-account payment solution, announced the launch of its groundbreaking Open Banking Services today.

/payments

Custom Credit taps Ordo for VRP

Custom Credit, a customer-centric consumer lender, is transforming the lending landscape through its collaboration with fintech innovator, Ordo, to improve financial literacy and make credit accessible, with flexible repayment options.

/retail

Capchase and BBVA Spark form partnership

Capchase and BBVA Spark close a partnership agreement allowing their clients to connect to BBVA directly through API integrations via a seamless digital experience.

/payments

Ordo accepted onto the Crown Commercial Service Open Banking DPS

Ordo, the trading name of The Smart Request Company, a leading Open Banking provider, is thrilled to announce its acceptance onto the Crown Commercial Services' (CCS) newly launched Open Banking Dynamic Purchasing System (DPS).