Klarna Brings Installment Plans to Apple Pay In-Store in US and UK
Klarna customers using Apple Pay in the US and UK will now be able to purchase items at flexible terms in stores.
UK
Revolut Enhances Its Payment Gateway With Pay by Bank Option
Adding a Pay by Bank account-to-account (A2A) payment option to the payment gateway empowers Revolut customers to seamlessly improve their conversion rates and significantly reduce chargeback hustle.
Bumper Secures €9.4M to Grow Car Repair BNPL Services Across Europe
British BNPL scale-up, Bumper from Sheffield, is one of the fintechs which illustrate that targeting specific niche pain points (unexpected car repair bills) can be as successful as taking a generalized approach to financial services.
Lloyds Turns Everyday Shops Into Instant Cash Deposit Points
Lloyds is modernising legacy cash deposits so they work in a cash-lite, mobile-first world, making banking more embedded in everyday life with in-app barcode cash deposit scanning at PayPoint stores.
Thunes & Ontop Enable Instant Global Payouts for Freelancers and Remote Teams
Freelancers and employees working in remote settings will benefit from the new real-time payment infrastructure brought by Thunes and Ontop.
PingPong Taps ClearBank’s API-First Platform to Power UK Virtual Accounts and Accelerate European Expansion
By tapping directly into UK payment rails (Faster Payments, BACS, CHAPS) via ClearBank’s API integration, PingPong can settle transactions in near real time and offer lower fees and richer remittance data to its enterprise clients.
Klarna Secures EMI License in UK Opening Cashback and Wallet Opportunities
UK subsidiary of the innovative BNPL and fintech service provider, Klarna, has achieved a regulatory milestone, which paves the way for the introduction of cashbank and balance features later this year.
EMEA Banks Ready to Spend Millions to Modernize Payments
The EMEA banking sector displays a near-unanimous urge to change existing payments systems and solutions, setting aside $1,5 million average budgets for infrastructure modernisation.
Monzo Introduces Payment Reversal Option
Monzo customers may now have up to a minute to decide whether they want a transaction to proceed, thanks to the new payment reversal feature.
From Cards to Direct Transfers: The A2A Payment Transformation in Europe and Beyond
The global payment landscape is rapidly changing driven by a seismic shift in popular transaction methods. A closer look at payment statistics reveals that account-to-account (A2A) transfers are ascending in importance. Its growing dominance among other payment types is especially evident in the European market.
GoCardless and Cloud Market Tools Integrate for Fully Automated Payment Collection
With the full integration of GoCardless within the Cloud Market Tools suite, MSP businesses can manage collections and reconciliations without leaving their routine billing system.
Cardstream and Mastercard to Advance Open Banking Payments in UK
The British fintech company Cardstream has announced the start of cooperation with Mastercard.
OakNorth Taps OpenAI Tech to Deliver AI-Led Digital Banking
OakNorth wants to embed custom-built GPT tools powered by OpenAI into the core of its digital banking platform that serves over 215,000 customers.
Revolut to Launch Mobile Plans Creating Competition for Traditional Network Providers
Revolut mobile plans stand out with their unlimited calls, texts and data offering complemented with an attractive roaming proposition.
Google Wallet to Facilitate Age and ID Verification
Google Wallet expands its functionality with ID passes for the UK market, and mobile IDs spreading to more U.S. states.
UK Introduces Draft Legislation for Crypto Industry
British regulators have come up with a draft legislation to bring some clarity and customer protection to the UK crypto sector.
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