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CBI’s Leadership in Open Finance: Expanding Value-Added Services Through Collaboration

The Fintech Times

In this regard, over the years, CBI has developed several open banking and open finance services. In order to do so, payees PSPs will need to provide such service to the payers PSP according to the requirements defined in the Regulation.

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The battle for merchant deposits: How the fintech sector is challenging banks’ core business

The Payments Association

Von Vonno adds: “ According to Pay.UK, 53% of UK consumers (over 28 million) operate two or more current accounts. When merchants accept payments from their customers, those funds are typically deposited into the merchant’s bank account. This is where merchant deposits come into play.

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The Payments Group Partners With Bluecode to Deliver Pan-European Mobile Payment Prepaid Solution

Fintech Finance

The solution also supports transaction overviews and value-added services available within the Bluecode app, making it a powerful yet simple alternative to traditional bank accounts and other payment methods.

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The Ultimate Guide to Online Payment Processing

Stax

There are six main payment methods used in online payments, including credit & debit cards, digital wallets, ACH & bank transfers, direct debit, Buy Now, Pay Later (BNPL) services, and cryptocurrencies. The merchant account : this is a special bank account that allows you to accept and process credit and debit card payments.

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Deep Dive: Mastercard’s Shift - From Plastic to Platforms

Finextra

Over the past decade, the company has aggressively diversified – expanding into new payment rails, new markets, and new value-added services. Crucially, Mastercard has added new payment rails alongside the card rail. It’s innovating in areas like open banking, real-time bank transfers, and even AI-driven payments.

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Token.io Breaks New Ground as First Third-Party Provider Admitted to GiroAPI Scheme

Fintech Finance

Token.io , the leading account-to-account (A2A) payments infrastructure provider, today announced it has become the first third-party provider (TPP) to be admitted to the giroAPI scheme. will be able to deliver new account-to-account payment (often called ‘Pay by Bank’) features to its partners.

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From open banking to open finance and beyond: The future of financial data-sharing

The Payments Association

Carlos Albo Wenalyze The evolution of open banking to open finance Open finance is fundamentally restructuring the financial services landscapeexpanding data-sharing from payments into credit, investments, insurance, and pensions. As of 2023, account-to-account (A2A) transactions in the U.S. reached $1.1

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