Mambu launches flexible product for SME lenders
Mambu, the market-leading SaaS cloud banking platform, has unveiled a fully digital solution for SME lenders that cuts costs and time to market.
August 10, 2021
Mambu, the market-leading SaaS cloud banking platform, has unveiled a fully digital solution for SME lenders that cuts costs and time to market.
Moorwand, a payments solution provider, today launched a report that reveals fintechs who outsource to specialist partners generate nearly £1m in additional revenue.
The report ‘Specialists vs. generalists: How do fintechs fuel growth?’ explores why and how fintechs outsource to third parties, the importance of outsourcing for fintech growth, and the impact of working with specialists or generalists on fintech businesses.
Travel Direct Debit Card Currensea partners with Singapore Airlines in first-of-its-kind offering
Universo, one of Portugal’s leading financial institutions, is using Token’s open banking payments platform to enable customers of its Cartão Universo credit card product to easily load funds onto their accounts with a click of a button. This new open banking partnership marks the first of its kind for Universo.
EML signs a multi-country contract extension with PTA.
Demand for cash injections from alternative finance providers shows no signs of abating, as such, lenders must embrace innovation to improve their business finance offering. Read @Currencycloud’s blog to discover how APIs are the future of invoice finance. https://bit.ly/3wEqwCr
I hope you are well and enjoying the sunshine! I have a story here from Judopay that you may be interested in covering?
Judopay, a leading mobile-centric and fully cloud based payments provider, today announces that, alongside partner Nuvei, the technology providers will enable a seamless and touch free mobile payment experience for customers at KFC restaurants throughout Spain.
The deal will enable KFC to shift its strategy to focus on providing its customers with an omnichannel experience; Judopay and Nuvei’s innovative solutions provide optimised processing speeds and transaction approvals at scale, delivering effortless payment experiences across all channels.
Ordo wins Open Banking Expo #PoweroftheNetwork Award 2021!
Moorwand is pleased to announce their latest partnership with Payme Swiss. Moorwand will be providing issuing, BIN Sponsorship, and digital banking services to Payme Swiss to help revolutionise card and wearable payments, across Europe, for predominantly affluent and high-net-worth individuals (HNWI).
Allstar Business Solutions, the UK’s leading fuel management company, has announced it’s partnership with leading electric vehicle (EV) charging infrastructure provider, EB Charging, to improve access to – and the availability of – electric charging points for fleet operators across the UK.
Banking as a Service (BaaS) refers to the services and tools that allow financial institutions to adapt to the current digital banking shift. BaaS providers are the ones that build the web and mobile applications for these institutions so that customers may access their accounts digitally. But has this environment changed since the release of PSD2? Absolutely – let’s take a look.
Full-service Payment Service Provider (PSP) of local e-payment solutions, Paymaster24, has selected Banking Circle to enhance its service proposition for merchants. Crucially, the partnership with Banking Circle will help Paymaster24 speed up payments and offer additional currencies to its merchant customers.
BPC, the global leading payment solution provider, has announced that Diners Club Peru has selected its commerce suite as part of its innovation program. Diners Club Peru is the third acquiring network in Peru, owned by Banco Pichincha Peru, part of the Pichincha Holding Group headquartered in Ecuador.
Ordo is making payments right – providing Open Banking enabled solutions that mean businesses can securely and simply collect payments from their customers, instantly. No hidden fees. No hassle. No worries.
Moja Ride, an Ivorian startup providing a reservation and cashless payment system for transport services in Abidjan, today announced it has partnered with O-CITY, powered by BPC for its next phase of digital innovation and future expansion.
This guide takes you through some of the innovations and trends taking place in payments, including how different sectors responded to the challenges of Covid-19; why business-to-business payments are ripe for innovation and changes in regulatory landscape that will impact payments in the future.
It is important to remember that even before COVID-19, the planet was in a state of emergency. So with the finance industry focusing on recovery, resilience, and longevity as we come out of lockdown, should sustainability and the environment be top of the agenda as well?
In this article, we break down the post-pandemic sustainability opportunities for the finance industry and speak to our partner ecolytiq about why the best time to focus on climate change was yesterday.
Judopay, the leading mobile-centric and fully cloud based payments provider, has announced its partnership with MedPoint, an automated prescription collection system, to enable a safe, quick and secure method for patients to purchase and collect their prescriptions, 24 hours a day, 7 days a week.
Global Processing Services (GPS), the multi-award-winning payments processing partner behind some of Britain’s biggest challenger fintechs including Revolut and Starling Bank, and Currencycloud, the experts simplifying business in a multi-currency world, have partnered to widen access to cross-border payments for financial institutions and fintechs, providing a passport to a post-Covid world.
B4B Payments, a leading global prepaid payments provider, has selected Banking Circle to provide payments infrastructure for its corporate banking services. Providing prepaid solutions to businesses for more than 15 years, FCA authorised B4B enables organisations of any size to manage expenses, simplify payroll, reimbursements, and offer employee rewards and incentives.
As part of Currencycloud series of interviews that explores the nature and evolution of embedded finance we invited Laurel Wolfe, Vice President of Marketing at Mambu, and former Klarna, to deep dive into how Buy-Now, Pay-Later and embedded lending, a subset of embedded finance, is changing how retailers and payments providers serve their customers.
Trust Payments, the global unified payments group, has partnered with Zip, the first Buy Now, Pay Later provider to join its network of payment partners. The agreement means UK merchants using Trust Payments’ platform can offer Zip at check out and allow customers to pay over four interest-free instalments.
Manchester FinTech firm AccessPay is now listed on Sage Marketplace as first combined payments and cash management solution.
PPS are the payments and banking provider behind Talenom’s new banking service for SMEs. This partnership will enable financial services to be embedded into Talenom’s emerging SME solution ‘Accounting Alex’.
As a result of working with PPS, small businesses that use Talenom’s ‘Accounting Alex’ service will now be able to set up a bank account in minutes and enable savings on fees by more than 50%.
The latest piece of groundbreaking industry research from dispute resolution specialist Chargebacks911, The 2021 Chargeback Field Report assessed over 400 merchants across the US and the UK and identified a dramatic rise in friendly fraud over the past three years, with 80% of merchants seeing an increase in false claims.
In addition, while 94% of merchants consider friendly fraud to be a problem for their business, less than 30% are taking steps to combat it. This behaviour indicates that there is a knowledge gap preventing merchants from confidently combating fraudulently filed chargebacks.
Other headline stats include:
• 68% of merchants have seen the pandemic cause an increase to their chargebacks
• Nearly a third of merchants experience difficulties contesting illegitimate chargebacks
• And for every friendly fraud case that goes uncontested, 50% of cardholders will go on to commit the crime again in less than 60 days
– Nearly 12,000 investors raised £9.9m in just 54 hours
– Fastest raise to hit £6m, setting a new Crowdcube record
– Surge in demand from customers and retail investors in race to £10m
Kani will replace Sodexo Engage’s legacy data management systems which ran manually, becoming a drain on time, money, and resources, and lacking the scale required to handle the sheer volume of data processed by the engagement payments giant. In doing so, Kani will simplify Sodexo Engage’s complex transaction data and provide a single space for data management. In addition, the platform will provide real-time, actionable data insights that allow for Sodexo’s critical business decisions to be implemented faster and with greater efficiency.
We are really excited to shine the spotlight on some of the best-known brands in #Fintech during our Superhero Spotlight Series.
A week-long event packed with articles, research reports and LinkedIn and YouTube live streamed interviews with over 30 of Fintech’s finest superheroes.
Register for the agenda: https://bit.ly/3ySP2lL and keep an eye out for reminders of the #livestream sessions.
#Payments #Banking #FintechSuperhero
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