UK open banking payments pass one billion milestone
Open Banking Limited says UK open banking has logged more than 1bn payments and 100bn API calls across the CMA9 banks since launch...
By Rafael Ortiz 3 weeks agoFintech Correspondent
Rafael Ortiz
Rafael covers payments, banking infrastructure, and the software eating financial services. Former product lead at a payments processor.
Latest from Rafael Ortiz
Apple Upgrade leasing program to replace iPhone Upgrade, Bloomberg says
Apple will stop new iPhone Upgrade Program enrollments as it launches a Klarna-backed leasing offer, according to Bloomberg.
By Rafael Ortiz 3 weeks agoTrulioo UBO Discovery Agent targets beneficial ownership gaps
Trulioo says its AI tool raises ownership-data coverage for KYB checks, with one social commerce customer set to deploy it in thre...
By Rafael Ortiz 3 weeks ago
FEP Bravo Fit acquisition adds Australian Planet Fitness franchisee
Franchise Equity Partners bought Bravo Fit, operator of 32 Planet Fitness clubs in Australia, with deal terms undisclosed.
By Rafael Ortiz 3 weeks ago
Upstart bank charter gets conditional OCC approval
Upstart received conditional OCC approval for Upstart Bank, while FDIC deposit insurance and Federal Reserve approvals remain pend...
By Rafael Ortiz 3 weeks ago
AI agents payments governance requires clearer decision rights, Maverick says
Maverick Payments’ Ben Griefer says payments firms must define where AI agents can act alone and where human approval remains requ...
By Rafael Ortiz 3 weeks ago
Branch earned wage access strategy adds Flex and savings features
Branch CEO Atif Siddiqi told PYMNTS EWA use is episodic, while Flex embeds wage access in workplace apps and adds payout choices.
By Rafael Ortiz 3 weeks agoPNC CISO appointment names Christian Winward to security role
Christian Winward joins PNC's security leadership after more than 30 years at FirstBank, which PNC added earlier this year.
By Rafael Ortiz 3 weeks ago
Oportun Smart Bills uses AI to save for recurring expenses
Oportun added Smart Bills to Set & Save, saying early users saved 48% more per month than members using the savings app alone.
By Rafael Ortiz 3 weeks ago
Smart checkout offers could move $349 billion, PYMNTS-FIS report says
A PYMNTS-FIS survey of 60 merchants finds checkout offers are widely used, but data gaps and coupon friction limit results.
By Rafael Ortiz 3 weeks ago
Card issuer fraud costs rank near top for 42% of issuers
PYMNTS Intelligence and Visa DPS found fraud and disputes are a top-two platform operating cost for 42% of U.S. card issuers.
By Rafael Ortiz 3 weeks agoPemo SVF licence approval in UAE clears path for digital wallets
Pemo has received in-principle CBUAE approval for an SVF licence, allowing it to expand fund-holding and wallet services for UAE S...
By Rafael Ortiz 3 weeks ago