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The Dubai International Financial Centre (DIFC) has chosen the open banking platform Tarabut Gateway as the preferred technical platform partner for its new Open Finance Lab, formally launching Tuesday (June 28), according to a press release. Get the Full Story Complete the form to unlock...
U.K. digital bank Kroo has been granted a full banking license by the Bank of England, the bank announced Monday (June 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Card issuers might have it easy in regions like Europe and North America, but in the Middle East and North Africa (MENA) market, FinTechs have been completely held back from performing that service across the region. Get the Full Story Complete the form to unlock...
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More than 6 million individuals and businesses in the United Kingdom regularly use open banking services, the U.K.’s Open Banking Implementation Entity (OBIE) announced in a newly-released report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
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Citi has removed overdraft, overdraft protection transfer and returned item fees from Citi Retail Banking consumer deposit accounts, with the changes having gone into effect Sunday (June 19), according to a company update. Get the Full Story Complete the form to unlock this article and...
Integrating AP and AR into corporate ERPs saves them time, money and manual effort, but Bank of America’s Michael Bosacco says banks lag in providing that critical digital connection.