TrueLayer and sync. extend collaboration to German, Lithuanian banks
TrueLayer announce the extension of its partnership with digital smart open banking app sync., extending its European coverage.
Irish banks select Italian fintech Sia to develop app to rival Revolut
The group of Irish banks seeking to set up an instantaneous money-transfer mobile app to take on the likes of Revolut and N26.
SMEs get a neat new way to process contactless payments
Business owners will be able to process contactless payments using nothing more than an NFC-enabled Android phone thank to Phos and Mastercard
OpenMoney to provide free Equifax credit reports
OpenMoney will combine Equifax credit data with data provided through Open Banking, enabling customers to see a complete picture of their finances.
Bitcoin cash outs arrive at 16,000 ATMs in the UK
Cryptocurrency holders can now cash out their bitcoin at 16,000 ATMs across the UK thanks to a new BitcoinPoint and Cashzone partnership.
Paymentology joins API Exchange to support financial inclusion in Asia
Payment processing platform Paymentology has joined APIX, a global open-architecture platform supporting financial inclusion and innovation.
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.” […]
Global money transfer service Azimo and payments fintech dLocal to facilitate remittances from Europe, Australia to Colombia
Global money transfer service Azimo has teamed up with dLocal in order to allow workers in Europe and Australia to send funds to Colombia.