Monzo founder says the “positive effect of open banking on innovation has been nil”
When open banking was first introduced, it was suggested that it would enable both big banks and smaller firms to innovate. However, the founder of Monzo believes there has been zero positive effects of open banking so far.
CDP awards Wordline A- rating for its efforts to minimise its environmental impact
Worldline, the payments and transactional services business, has obtained an A- rating following its first assessment by the CDP, the UK organisation that discloses the environmental impact of companies.
Eight FinTech and RegTech companies you missed at Sthml Fintech Week
The Nordics’ FinTech scene is buzzing with potential, which was evident by the trailblazing companies recently attending Sthlm Fintech Week.
The Stockholm event was full...
PNC Bank and Venmo fight highlights the debate about introducing open banking rules in...
Pressure is mounting for PNC Bank after it locked out clients from using bill-splitting app Venmo, but the affair also highlights a the question of whether open banking should be introduced in the US.
Visa reveals point of sale cyberattacks against fuel merchants and a hospitality firm
Cybercriminals hijacked fuel merchants' networks in North America this summer to steal payment card data.
Researchers fooled facial recognition software in payment kiosks with a mask
All it takes to fool facial recognition software is to put on a printed mask, according to new research.
4Stop launches new payment monitoring and intelligence experience
Having already cut out a piece for itself as a client onboarding and fraud prevention company, 4Stop has now launched a new transaction monitoring solution.
Telleroo selects compliance manger Moorwand to help with e-money and digital banking services
Payments company Telleroo has enlisted RegTech enterprise Moorwand to help streamline and simplify its services.
Why Klarna is picking a fight with the Swedish government
The Swedish government has proposed new e-commerce regulations and Klarna is not happy about them.
Adyen’s CEO was surprised at how effective AI was to prevent fraud
Global payments unicorn Adyen is looking into how artificial intelligence can boost its payments offering, highlighting how the tech can boost the industry as a whole.
