The UK government has been warned of technical shortfalls and entry barriers in its path to unlocking an open banking system to reducing SME costs and to change retail banking processes benefitting the consumer. PaymentExpert drills down on the ‘Future of Payments’ report by Joe Garner, former Chief Executive of Nationwide, on how the UK can overcome existing challenges and deliver banking transparency …
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Recently, one of my bank cards expired, which was a first for me. Previously, all my cards had either been lost (my fault) or defrauded. Upon receiving my new card, I began thinking about just how outdated cards are. First of all, my old bit of plastic still works. To now have to use a new piece of plastic and …
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Open banking platform TrueLayer has hired former Trustly executive Roberto Villani as its new Head of iGaming A highly experienced commercial and payments specialist, he will define and manage TrueLayer’s strategy for iGaming alongside the company’s Chief Revenue Officer Max Emilson and UK Country Manager Jamie Morton. Responding to his appointment on LinkedIn, Villani said TrueLayer was in a ‘hyper-growth …
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Sam Milton, Commercial Manager at Trustly, on revolutionising the deposit and withdrawal experience for land-based gaming operators through Scan N Play. Across consumer sectors, there’s growing demand for cashless and contactless payment methods. As casinos, gaming halls and betting shops start to open back up, that same demand will apply for land-based gaming. While card-like apps have begun to fill …
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Digital bank Monzo has partnered with compliance and open banking software provider TrueLayer to develop an ‘industry-wide universal gambling block’ solution for the financial services sector. The Fintech incumbents revealed that they are trialling an ‘open-banking API’ to develop a comprehensive gambling block solution, impeding transactions between financial service providers (banks, credit cards, e-wallets, loans, etc) and gambling businesses. In …
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2020 has been a big year for Trustly, as my colleague Ciaran O’Malley recently shared with the readers on SBC News. In addition to debuting a new logo and brand identity, this year saw the launch of Scan N Play – a revolutionary cashless solution for land-based casinos and retail gaming shops. With instant player verification, instant deposits and instant …
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Open Banking, as the name would suggest, is a directive designed to ‘open up’ banking data by forcing the UK’s nine biggest banks to release their data in a secure, standardised form so that it can be shared online more easily. It brings more competition and innovation to financial services, which in turn leads to better products for customers to …
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