pymnts.com pymnts.com

TrueLayer: Instant Refunds Key To Bringing Open Banking Payments Mainstream

The groundswell for open banking is here. Banks in the U.K. are now seeing more open banking payments volume in a single month than what was measured in all of 2019. Ossama Soliman, chief product officer at TrueLayer, said that open banking has taken off all over the world, but is especially poised to gain traction within eCommerce. “We’re seeing instant bank payments, powered by open banking, brought to new sectors such as...

pymnts.com pymnts.com

PYMNTS TrueLayer Report: PSPs Unlock Payments Experience With Open Architectures

Like many financial innovations, open banking still seemed exotic in 2018 when momentum began building. What the sector didn’t foresee was a global crisis propelling the need for new forms of digital “anywhere” payments and finance that pushed fast-forward on open banking. Exploring very real aspects of the topic as it stands now, PYMNTS June 2021 report Open eCommerce: Open Banking As The New eCommerce Accelerator In The U.K....

thefintechtimes.com thefintechtimes.com

Enfuce and Bud Partner to Show Users How Their Spending Affects Their Carbon Footpring

The open banking fintech Bud has signed a deal with the Nordic eco-payments firm Enfuce to bring its “My Carbon Action” product to the UK. The deal will see Bud’s Open Banking and transaction enrichment services combined with Enfuce’s carbon tracking engine to provide UK customers with a clear indication of how their spending impacts their carbon footprint. Enfuce’s “My Carbon Action” product brings together lifestyle...