Tagged: gocardless

Crowdz Selects GoCardless for Open Banking Payment Solutions

GoCardless, which claims to be a global leader in direct bank payments, has signed Crowdz, the small and mid-sized enterprise (SME) finance platform, “as its latest customer as the company looks to integrate open banking to enhance its ability to drive equitable access to finance… Read More

GoCardless Introduces Open Banking-powered Feature in France

GoCardless, a provider of direct bank payment solutions, has launched Verified Mandates in France. Part of the GoCardless global ‘bank payment’ platform, Verified Mandates “combines the Account Information Services (AIS) capabilities of open banking with bank debit to stop fraud before it happens.” This represents… Read More

GoCardless Offers Variable Recurring Payments

GoCardless now offers Variable Recurring Payments (VRP). GoCardless states that its service will enable developers etc. to incorporate VRPs as the deadline for VRPs nears. GoCardless is a direct bank payment solution that facilitates both both recurring and one-off payments directly from customers’ bank accounts… Read More

GoCardless to Acquire Nordigen Open Banking Platform

GoCardless has announced its intent to acquire Nordigen an open banking data provider. The deal is expected to close later this summing. The terms of the acquisition were not revealed. GoCardless is based in the UK with offices around the world. Nordigen is regulated in… Read More

Fintech GoCardless Appoints Paul Stoddart as President

GoCardless, which claims to be a leader in direct bank payment solutions, has announced the appointment of Paul Stoddart as President. Stoddart joins from Mastercard where he “was President of its New Payment Platforms, Executive Chairman of Vocalink and a Member of the Mastercard Management… Read More

UK’s NatWest Group to Offer Variable Recurring Payments

NatWest Group has entered agreements with three payment providers – TrueLayer, GoCardless and Crezco – in order to offer Variable Recurring Payments (VRP) as “a new and convenient payment option for businesses and consumers.” This “industry first” means that NatWest Group will be the first… Read More

Zelle at Point of Sale? Whaddya Think?

It was reported recently that Zelle, a payments platform put together by really big banks, was mulling over whether or not to incorporate payments services at the point of sale. If you are into Fintech, or just a normal consumer, it is a no-brainer. But… Read More

GoCardless Announces Fraud Prevention Tool

UK-based GoCardless, a direct bank payment solution, has announced a fraud prevention tool – Verified Mandates. The new feature is said to combine the Account Information Services (AIS) capabilities of open banking with direct debit to stop fraud before it happens. GoCardless describes its services… Read More

Fintech GoCardless Secures $312M to Support Open Banking Growth

The team at GoCardless notes that Open Banking is the key to changing how we make payments, and get paid. So when GoCardless finalized their Series F investment round at the end of 2020, they immediately put that investment to work – “accelerating [their] product… Read More

Credit Reporting Firms Add BNPL Data. Is this a Good Thing?

Last month, Equifax announced that it was incorporating buy now, pay later (BNPL) data in their credit files. Industry sibling Experien has already been adding at least some data to their files. BNPL has risen in popularity due to its growing accessibility and lower cost… Read More

CFPB on Overdraft Fees: Shift to Open Banking Will Make it Harder for Banks to Trap Customers Plagued by Fee Harvesting

Mr. Potter Banker Banking (1)

As was reported earlier this week, the Consumer Financial Protection Bureau (CFPB) has published a report on overdraft fees. These usurious fees generate billions on revenue for traditional banks. Almost like a drug addict, old banks struggle to eliminate these fees that end up harming… Read More

A Turning Point for Digital Finance? Amazon to Stop Accepting Visa Cards in the UK

Amazon (NASDAQ:AMZN) says it will stop accepting Visa Inc (NYSE:V) credit cards in the United Kingdom beginning in 2022. According to the Guardian, Amazon users received an email this week explaining its decision to halt Visa payments beginning January 19, 2022, due to the high… Read More

Holiday Shoppers Expected to Embrace BNPL Schemes: GoCardless Survey

Holiday shoppers plan to embrace buy now, pay later (BNPL) schemes with both arms this holiday season, the results of a study from GoCardless suggest. Overall, 42 per cent of shoppers plan to use the tool, and that rate rises to 60 per cent for… Read More

CEO at 3S Money Throws Shade at Fintech Unicorn Report

Earlier today it was reported that GoCardless may be raising $200 in a funding round led by JP Morgan. Last year, GoCardless raised growth capital at a valuation of just under $1 billion and expectations are for the Fintech to be firmly in unicorn territory… Read More

GoCardless Said to Raise £200 Million, Valuation Expected to Top $1 Billion

GoCardless is expected to raise around £200 million at a valuation of over $1 billion thus vaulting the Fintech into the unicorn realm. This is according to a report in the Evening Standard. The payments firm last raised $95 million in a Series F funding… Read More

Younger Generations Warming to Social Media Payment Apps: GoCardless

The younger you are, the more warm you are to using social media-based payment apps, new research released this week by GoCardless suggested. The payments infrastructure provider recently surveyed 1,000 American adults about their payment preferences. They found 56% per cent of millennials and 54… Read More

Women Returners and Innovate Finance Establish Cross-Company Return Program for Fintech Professionals

Women Returners and Innovate Finance have teamed up to establish a cross-company returner program, which aims to encourage professionals to try re-entering the Fintech industry after long-term or extended career breaks. UK’s digital bank Starling, Fintech Unicorn Klarna and PrimaryBid will reportedly take part in… Read More

Gr4vy, a Cloud-Native Payments Platforms, Teams Up with Banked and GoCardless

Gr4vy, a cloud-powered payments platform, reveals that it has formed two new partnerships focused on providing consumers flexible ways to pay with a bank account while empowering merchants in the process. The new partnerships, currently integrated into Gr4vy’s Cloud-enabled payment orchestration platform (POP), are with… Read More

GoCardless Adds Payment Capability With Piano Partnership

Piano Music Do Not Touch

Account-to-account payment tech GoCardless is partnering with Piano, a global analytics and activation platform, to help publishers and brands market, sell and fulfill premium content offerings. Piano’s commerce engine will be integrated with the GoCardless bank debit network, enabling subscription-based businesses to offer end users… Read More

America’s Love Affair With Credit Cards Headed for a Split: Survey

Credit cards may be losing their dominant position as a preferred spending mechanism, the results of a new survey by account-to-account payment services company GoCardless suggests. The company teamed with Propeller Insights to survey more than 1,000 American adults about their payment preferences. A Clear… Read More

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