When Silicon Valley Bank collapsed in March 2023, shockwaves rippled through the startup world. For decades, SVB had been the primary financial partner for early-stage technology ...

Procurement teams increasingly turn to virtual payment cards to streamline supplier management and reduce operational costs ...

ECB’s Pontes and Appia plan aims to link DLT with TARGET Services and build a unified settlement system using central bank ...

Silverflow, the new standard in payment processing, has partnered with Deutsche Bank to launch a new cloud-native payments ...

Set to launch in Q4 2025, WollettePay introduces a breakthrough in payment innovation by offering what current Open Banking solutions have yet to achieve: frictionless, one-tap, instant A2A ...

Open Banking has been growing steadily, with payments made reaching over 200 million transactions in 2024. However, this figure remains a fraction of the UK’s total card transactions.

Since launching in 2018, open banking has grown rapidly, with active users surpassing 10 million in June 2024, and reaching 12.1 million by December. Concurrently, user engagement has deepened ...

“Open banking continues to make waves in financial services, driven by a growing variety of use cases for instant payments and payouts. As we head into 2025, fraud prevention and data security remain ...

Options and the power of choice. Open banking payments might be the best option to reduce the 70.19% shopping cart abandonment rate during checkout on average in 2024, according to Baymard's research.

The financial landscape has seen significant transformation thanks to open banking, which has helped develop innovative models across digital payments, wealth management, lending, insurance and ...

A year ago, I believed UK Open Banking payments were on a roll. Total payment initiations for 2022 were 68 million payments, an increase of 171% over 2021, showing a strong foundation for Open ...