Admiral Money - a subsidiary of Admiral Group PLC, a specialist in car insurance, home and travel insurance, insurtech, personal loans and legal services - has chosen OCR Labs Global as its digital identity verification provider to enhance and accelerate its onboarding process.
Klarna's Australian arm racked up losses of $56 million last year, four times bigger than when it launched in the country in 2020, when it reported a $14 million loss.
AccessPay, the leading corporate-to-bank integration partner, and Finastra, a global provider of financial software applications and marketplaces, have teamed up to remove the challenges and reduce the costs associated with traditional corporate banking's host-to-host connections.
Cloud native payments-as-a-service platform Form3 has secured a €23 million venture debt facility to explore acquisitions, launch into new markets and support new product growth.
South Africa's top four banks are to begin the roll out of Payshap, a low value, interbank, real-time digital payments service aimed at increasing financial inclusion to the underbanked segement.