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Fable API Hub: A scalable and future-proof open banking strategy for banks

Banks all over the world publish their APIs for their corporate customers which allows them to take advantage of the financial products offered within their own ERP environments. Whilst this provides a great customer experience, it does incur costs given the high resources required from both parties to make this a success.
Fable’s API Hub makes open banking adoption easier, affordable, and interoperable for your customers – but how has Fable got this right?
Read more about Fable’s work to bring banks closer to their customers giving them back control of their own cross-border transactions

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B2B Payments bank, Banking Circle, has joined the Danish national intraday clearing system. Through Banking Circle as a direct clearing participant, Payments businesses and Banks can now pay out and collect payments locally in Denmark on behalf of their customers more quickly and at lower cost than via traditional cross border payment methods. This will enable e-commerce businesses around the world to tap into the growing Danish market.

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Six steps to effective safeguarding for payment and e-money institutions

How can payment and e-money institutions meet regulatory requirements to safeguard consumers’ funds? fscom’s Director Alison Donnelly and Independent Payments Consultant Russell Burke, formerly Payment Authorisation Lead in the Central Bank of Ireland, tackled this key question at the Association of Compliance Officers in Ireland (ACOI) webinar hosted by Kathy Jacobs.

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Tred announces Mastercard green debit card to help track and offset customers’ carbon footprint

Green fintech Tred has announced that their UK green debit card launch will be with Mastercard, enabled by Nium’s card issuing service.

In anticipation of their upcoming launch, and to celebrate this announcement, they’ll be planting 10,000 trees with Mastercard as part of its Priceless Planet Coalition, launched last year with a firm commitment to plant 100 million trees by 2025.

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Latham & Watkins advises Zepz on US$292 Million Financing Round

London corporate team represents leading digital cross-border payments platform in achieving a post-money valuation of US$5 billion.

Latham & Watkins advised Zepz, formerly WorldRemit, on raising US$292 million in new primary financing and achieving a post-money valuation of US$5 billion. Zepz is a digital cross-border payments platform operating two market-leading brands (WorldRemit and Sendwave, acquired in 2021), with over 11 million users across 150 countries.

The round includes new equity investors Farallon Capital among others, as well as backing from existing investors Leapfrog, TCV, and Accel.

The Latham team was led by London corporate partners Mike Turner and Shing Lo, with associates Katie Kaplucha and Sam Peacock.

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Cards Week, powered by Modulr

Did you know one of Modulr’s most popular platform features is card issuing?

So much so, we’ve decided to celebrate cards with our first ever Cards Week.

Join us from Monday 29.11 – Friday 03.12 for five succinct sessions over five days where you’ll have the opportunity to hear the latest innovations in card issuing from industry innovators at Visa, TagNitecrest and Zumo.

Register here: https://bit.ly/3GP4wen

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