Fintech trends to look out for in 2021
Across various sectors in 2020, people have embraced the challenges and developed innovative solutions. Fintech is no exception.
Nuapay research shows strong consumer demand for Open Banking to improve payment experience
New data from Nuapay has revealed that consumers are frustrated with the user experience when making card payments online.
Lloyds Banking Group and Fintech Scotland to support high-potential startups and early-stage businesses
Lloyds Banking Group, which owns the Bank of Scotland, has introduced the next phase of its plan to support Scotland’s Fintech workforce.
Revolut launches mid-tier subscription plan
Fintech startup Revolut is tweaking its subscription plans with a new mid-tier offering called Revolut Plus.
Curve and Plaid team up to bring open banking to UK customers
Smart banking platform Curve has joined forces with Plaid to help people manage their money. The Curve app allows people from the UK to spend from multiple bank accounts using a single debit card. It aims to give customers a better insight into their spending behaviour and more control over their finances. The London fintech startup will use Plaid’s Open Banking platform and database to connect accounts from banks such as Monzo, Starling, Barclays and HSBC. App users will be able to see the balances from all their connected accounts which will be refreshed automatically when they open the app. Curve hope that this will encourage people to make better […]
Admiral Financial Services to adopt open banking through Credit Kudos partnership
Admiral Financial Services has selected Credit Kudos to provide Open Banking data to initially help with income verification.
Yapily finds Open Banking is top priority for UK banks in 2021
New data released by Yapily has revealed how open banking connectivity has become a top priority UK banks as we head into 2021.
Lloyds to licence invoice financing technology from Satago
Lloyds Banking Group is to run a six month trial of an invoice financing platform from Satago Financial Solutions, with a five-year commercial contract for the product on the line. As part of the pilot, Lloyds Bank will be extending financing to its customer base utilising Satago’s digital cashflow management and invoice financing platform. Satago will be paid a recurring fee for each customer of the Bank that utilises the technology. Sinead McHale, CEO of Satago, says: “Lloyds’ brand and reach, combined with our technology and speed of execution, is a great example of how established banks and innovative Fintech companies can work together to deliver better outcomes for SMEs.” […]
