Open banking

Hargreaves Lansdown selects Bottomline to future-proof payments

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Monday, March 14, 2022

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LONDON, March 14, 2022 (GLOBE NEWSWIRE) -- Bottomline (NASDAQ:EPAY), a leading provider of financial technology that makes complex business payments simple, smart and secure, today announced that UK-based Hargreaves Lansdown plc, the UKs number one investment platform for private investors, has selected Bottomline PTX to support its cloud-first payments strategy.

Key Points:

LONDON, March 14, 2022 (GLOBE NEWSWIRE) -- Bottomline (NASDAQ:EPAY), a leading provider of financial technology that makes complex business payments simple, smart and secure, today announced that UK-based Hargreaves Lansdown plc, the UKs number one investment platform for private investors, has selected Bottomline PTX to support its cloud-first payments strategy.
Hargreaves Lansdowns decision to move to a cloud-based business payments platform aligns with its digital transformation strategy.
Hargreaves Lansdown will use PTX to receive funds from its clients and distribute funds to them.
Creating delight means that Bottomline connects its customers with their customers smartly, simply and securely across the life of payments and cash, said Paul Fannon, Managing Director of Global Business Solutions at Bottomline.

EML Reports Record GDV Of $31.6BN And Revenues Of $114.4M For The First Half Of FY22

Retrieved on:

Tuesday, February 15, 2022

The first six months of FY22 delivered a record result, with GDV growing 209% on the prior comparative period (PCP) to $31.6 billion.

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The first six months of FY22 delivered a record result, with GDV growing 209% on the prior comparative period (PCP) to $31.6 billion.
While this volume translates to revenues at different rates depending on the segment, GDV indicates demand for payment services.
GDV from the General Purpose Reloadable (GPR) segment demonstrated strong organic growth, up 29% to finish on $6.3 billion.
The Gift & Incentive (G&I) segment saw a significant recovery from the impacts of COVID-19 in the prior year with record first half GDV.

Mastercard Expands Consulting with Practices Dedicated to Crypto, Open Banking and ESG

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Tuesday, February 15, 2022

To help businesses evolve and supercharge their growth enterprise-wide, Mastercard today announced that it is expanding its preeminent payments-focused consulting service with new practices dedicated to Open Banking, Open Data, Crypto & Digital Currencies, and Environment, Social & Governance (ESG).

Key Points:

To help businesses evolve and supercharge their growth enterprise-wide, Mastercard today announced that it is expanding its preeminent payments-focused consulting service with new practices dedicated to Open Banking, Open Data, Crypto & Digital Currencies, and Environment, Social & Governance (ESG).
Today, Mastercards Data & Services includes more than 2,000 data scientists, engineers and consultants, serving customers in 70 countries around the world.
To help businesses maximize open banking opportunities, our consultants use data-driven insights, advisory and product development services, in alignment with Mastercards Data Responsibility Principles .
More information on Mastercard consulting practices, as well as the practice leaders, can be found at www.mastercardservices.com .

Bank of America Launches Online Payment Solution, "Pay by Bank"

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Monday, February 14, 2022

LONDON, Feb. 14, 2022 /PRNewswire/ --Bank of America today announced its latest online payment solution called Pay by Bank.

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LONDON, Feb. 14, 2022 /PRNewswire/ --Bank of America today announced its latest online payment solution called Pay by Bank.
They select the "Pay by Bank" payment option and then their own personal bank from the menu.
Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services.
For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts .

Cloudentity Joins Google Cloud Partner Advantage Program

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Tuesday, February 8, 2022

Cloudentity , a leading provider of modern application identity and authorization, today announced that it has joined the Google Cloud Partner Advantage program as a technology partner to Apigee, Google Clouds API Management platform , providing Google Cloud customers with a simple, unified solution to address emerging Open Banking requirements for more rapid adoption and integration.

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Cloudentity , a leading provider of modern application identity and authorization, today announced that it has joined the Google Cloud Partner Advantage program as a technology partner to Apigee, Google Clouds API Management platform , providing Google Cloud customers with a simple, unified solution to address emerging Open Banking requirements for more rapid adoption and integration.
As a Google Cloud partner, Cloudentity offers customers a flexible and scalable solution for modern application authorization, consent and identity orchestration to help secure Open Banking apps and services, as well as govern how data is shared to partners.
"As a trusted technology partner in Google Cloud's Partner Advantage program, together Cloudentity and Google Cloud provide customers with a seamless solution for the rapidly growing Open Banking & embedded finance market," said Zac Maufe, Managing Director of Global Financial Services Solutions at Google Cloud.
Cloudentity and Google Cloud customers will be able to experience first-hand the speed, agility and added security that results from automating application identity and authentication for Open Banking.

Paysafe Completes Acquisition of SafetyPay

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Monday, January 31, 2022

Paysafe (NYSE:PSFE), a leading specialized payments platform, today announced the completion of its SafetyPay acquisition.

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Paysafe (NYSE:PSFE), a leading specialized payments platform, today announced the completion of its SafetyPay acquisition.
For Paysafe, this latest deal further strengthens its strategic foothold in Latin America, building on its recently announced acquisition of Peruvian payments platform, PagoEfectivo.
As part of the transaction, the entire SafetyPay team now transitions into Paysafes eCash and open banking solutions team which is headed up by Paysafe eCash CEO, Udo Mueller.
Paysafe Limited (Paysafe) (NYSE:PSFE) (PSFE.WS) is a leading specialised payments platform.

Juniper Research: Subscription Economy Market Value to Reach $275 Billion Globally in 2022, as Top 3 Subscription-based Verticals Revealed by Juniper Research

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Tuesday, January 11, 2022

A new study from Juniper Research has found that the global market value of the subscription economy will grow to $275 billion in 2022; rising from $224 billion in 2021.

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A new study from Juniper Research has found that the global market value of the subscription economy will grow to $275 billion in 2022; rising from $224 billion in 2021.
For more insights, download the free whitepaper: What will the Subscription Economy Deliver in 2022?
The research identified that physical goods will account for the largest subscription revenue opportunity and are expected to represent 45% of the global revenue by 2022.
Juniper Research provides research and analytical services to the global hi-tech communications sector, providing consultancy, analyst reports and industry commentary.

Bringing Fiat to DeFi: 'Decentralized Gateway to Crypto' Orion Terminal Now Accepts All Major Fiat Payment Methods

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Tuesday, December 21, 2021

Orion Protocol is building the single point of access to the crypto market - powered by Orion's Universal Liquidity Aggregator.

Key Points:

Orion Protocol is building the single point of access to the crypto market - powered by Orion's Universal Liquidity Aggregator.
Orion Terminal is the first platform to enable decentralized access to centralized exchanges like Binance, Kucoin, AscendEX and more, without KYC, accounts, and regional restrictions.
By integrating MoonPay , the leading fiat-to-crypto gateway, Orion Terminal has become the first decentralized aggregator to offer a fiat gateway within the platform, enabling users to seamlessly buy and sell crypto on Orion Terminal.
All major fiat payment methods are available, including Visa, Mastercard, local bank transfers, Apple Pay, Google Pay, and Samsung Pay.

The Future Is Here: New Mastercard Study Finds Majority of Consumers Embrace Open Banking to Power Digital Financial Experiences

Retrieved on:

Tuesday, December 14, 2021

Mastercard released a new report today, The Rise of Open Banking , demonstrating the mainstream adoption of technology to power smarter, more meaningful digital experiences.

Key Points:

Mastercard released a new report today, The Rise of Open Banking , demonstrating the mainstream adoption of technology to power smarter, more meaningful digital experiences.
Open banking puts consumers at the center of where and how their data is used to more effectively provide the services they want and need.
Fintech companies and banks use this consumer-permissioned data to provide easier and more inclusive access to credit, personal financial management, digital wallets and payments services.
Open banking is already embedded in several areas of our daily lives, including personal financial management tools, linking of financial accounts and account opening.

The Future Is Here: New Mastercard Study Finds Majority of Canadian Consumers Embrace Open Banking to Power Digital Financial Experiences

Retrieved on:

Wednesday, December 15, 2021

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TORONTO, Dec. 15, 2021 /CNW/ - Mastercard released a new report, The Rise of Open Banking , demonstrating the mainstream adoption of technology to power smarter, more meaningful digital experiences.

Key Points:

TORONTO, Dec. 15, 2021 /CNW/ - Mastercard released a new report, The Rise of Open Banking , demonstrating the mainstream adoption of technology to power smarter, more meaningful digital experiences.
Open banking puts consumers at the centre of where and how their data is used to more effectively provide the services they want and need.
Open banking is already embedded in several areas of our daily lives, including personal financial management tools, linking of financial accounts and account opening.
"Mastercard's open banking solutions bring simplicity, efficiency, and security to the financial data experience, while empowering consumers and small and mid-sized businesses to receive more benefits from their data."