Mastercard is expanding its European open banking capabilities with a new account owner verification tool. The company’s verification solution, announced Tuesday (June 6) in a news release provided to PYMNTS, is being rolled out in tandem with a partnership with Algoan, a French credit decisioning...
Buoyed by changing consumer habits in the wake of the pandemic, the buy now, pay later (BNPL) financing model has exploded in recent years, with more and more consumers and businesses embracing interest-free installment payments on purchases to avoid credit card debt. This surge in...
After years of consolidation, Europe’s largest open banking players now cover much of the continent. Over the years, the continent’s open banking companies have expanded their reach and entered new markets by snapping up smaller rivals. At the same time, established payment players have acquired...
The U.K. today counts 6.5 million active users of open banking-powered technology. In a recent statement announcing the news, the country’s Open Banking Implementation Entity (OBIE) added that there were 7.5 million open banking-powered payments in the U.K. as of December 2022. This milestone comes...
May 24, 2023
Buoyed by changing consumer habits in the wake of the pandemic, the buy now, pay later (BNPL) financing model has exploded in recent years, with more and more consumers and businesses embracing interest-free installment payments on purchases to avoid credit card debt. This surge in adoption has naturally created fierce competition in the BNPL space […]
January 16, 2023
The U.K. today counts 6.5 million active users of open banking-powered technology. In a recent statement announcing the news, the country’s Open Banking Implementation Entity (OBIE) added that there were...
June 01, 2021
With news out this past week that the U.K.’s Financial Conduct Authority (FCA) has issued its second delay of PSD2’s implementation in six months — this time until March 2022...
April 14, 2021
Businesses worldwide are still reeling from the pandemic’s impact, with the travel and hospitality sectors hit harder than most. Some of the most innovative hospitality businesses reported losing as much...
October 18, 2023
Entersekt, a leading provider of authentication solutions, announced Wednesday (Oct. 18) the launch of a fully integrated mobile application authentication solution for financial institutions (FIs), using the Q2 Digital Banking Platform. This solution, developed in partnership with Q2, provides advanced authentication features within the mobile banking platform, offering a consistent user experience across multiple channels. […]
June 06, 2023
Mastercard is expanding its European open banking capabilities with a new account owner verification tool. The company’s verification solution, announced Tuesday (June 6) in a news release provided to PYMNTS,...
October 28, 2019
Cross-border payments firm Western Union has rolled out full application programming interface (API) access to domestic and global payment applications, the company said in a press release on Monday (Oct....
August 29, 2019
Travel technology firm Amadeus is teaming up with Visa’s CyberSource to enhance anti-fraud measures for the industry. In an announcement Thursday (Aug. 29), Amadeus said the tie-up will combine the...
