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Tuum partners with Salt Edge to deliver a full spectrum of open banking solutions

The collaboration between Salt Edge and Tuum aims to help financial services providers from all over Europe leverage the full spectrum of open banking features – fast and secure.

As technological advancements make headway, it is becoming more evident that today’s digital booming bandwagon is leaving fintech and financial institutions with only two choices: join or get left behind. The ability to leverage new technologies and innovate new-age products and services is crucial. It helps not only to speed up old-fashioned processes and meet modern consumer demands but also to increase operational productivity while generating more revenue. This is where technology companies like Tuum and Salt Edge come into play.

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September 22, 2022
General

Maslife partners with Thames Technology to deliver payment cards for its customers

Maslife, the world’s first alternative banking and wellness app which helps users manage their finances, while helping them to improve their mental and physical health, has partnered with Thames Technology, the UK-based leading manufacturer of payment, gift, loyalty, membership, and commercial card products, to supply payment cards to its financial platform customers.

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September 21, 2022
General

From Vulnerable Customers to the New Consumer Duty – Unpicking the FCA’s expectations of payment and e-money institutions

There may be 12 months to implement the new rules however there is only weeks left to the initial deadline of 31 October 2022, to have a Board approved implementation plan in place to show the FCA, if requested.

This report dives deeper into the topics discussed at the webinar, and while focusing on the payments sector, it contains lessons for all regulated financial services firms. The report assesses the impact of the new Duty on how firms identify and protect customers in vulnerable circumstances and then outlines seven clear steps firms should follow to prepare to meet the demands of an increasingly active regulator.

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September 21, 2022

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