Tagged: nuapay

Open Banking Group Files Report: “UK open banking is at a crossroads”

Last spring, HM Treasury, the Competition and Markets Authority (CMA), the Financial Conduct Authority (FCA), and the Payment Systems Regulator (PSR) collaborated to create the Joint Regulatory Oversight Committee as part of the UK Government’s commitment to boost open banking. This committee convened the Strategic… Read More

Nuapay CEO Comments on Soaring Credit – Debit Card Usage as Pandemic Alters UK Consumer Habits

Recently, the British Retail Consortium (BRC) published a report that indicated usage of credit and debit cards are soaring – fueled in part due to COVID-19 and its impact on how society operates. This should come as no surprise as digital money becomes the norm… Read More

EML’s Nuapay Signs Contract Bringing Open Banking to Government Sectors in the UK

Nuapay‘s innovative and “fully customizable” open banking and real-time account-to-account payment capabilities will “give Pay360‘s customers access to cutting-edge payment technologies across all of its gateway connections.” Pay360 claims it is “a market leader for public sector payments – used by more than 60% of… Read More

EML Enters European Open Banking Market with Acquisition of Sentenial Group, Including Nuapay

EML Payments (ASX: EML) has received approval by French and UK regulators to complete its acquisition of Sentenial Limited including its Nuapay Brand. EML states that the acquisition positions it as a global leader in Open Banking and card payments. EML is acquiring Sentenial, including… Read More

Open Banking Firm Nuapay Acquired by EML Payments for €100 Million

EML Payments Limited (ASX: EML) has acquired Sentential and its wholly-owned subsidiaries including open banking firm Nuapay. The binding agreement totals €110 million including an upfront enterprise value of €70 million plus an earn-out of up to €40 million. Sentenial is a cloud-native payments company… Read More

Nuapay Launches Open Banking Payment Services in Germany, Italy as Part of “Major Expansion”

Payments Fintech Nuapay is expanding its platform across Germany and Italy leveraging open banking. According to a statement by the company, Nuapay has connected with 308 banks in Italy and 435 banks in Germany, covering approximately 98% of Italian payers and 70% of German payers…. Read More

Beam and Nuapay Partner on Ecommerce Payments for WooCommerce users

Payment solutions provider Nuapay has partnered with Beam to provide open banking payments to its clients on WooCommerce. Nuapay reports that after a successful pilot, the Beam service is available now to almost 100,000 websites using WooCommerce to sell goods and services in the UK…. Read More

Nuapay Points to Security Risks and Vulnerabilities Regarding Payment Cards

Nuapay claims it has uncovered apparent vulnerabilities surrounding payment cards, leading to a risk of fraud and “mounting consumer distrust.” The conclusion is being driven by an open banking report recently published where the firm says that more than one in ten (12%) of the UK… Read More

Open Banking: Nuapay Now Connected with 55 Banks in France

Nuapay is now connected with 55 banks operating in France connecting 190 million French bank accounts. Nuapay’s French merchants will now be able to accept instant payments via Open Banking from customers, according to a company release. Nuapay is a subsidiary of Sentenial. The company… Read More

Open Banking Platform Nuapay Announces New Partnership With UK Payment Processing Startup Felloh!

Open banking platform Nuapay announced on Wednesday it has formed a partnership with payment processing startup Felloh! to create a new solution that will enable consumers to donate to charities through an open banking process, with over 50% of beta testers finding it easier to… Read More

Open Banking: Learning Lessons from Asia

With the implementation of PSD2 in Europe, Open Banking payment solutions are starting to be rolled out across the UK and Europe. But while the core Open Banking payment solutions are live, there is a long way to go until we see the widespread adoption… Read More

Everybody Wants it: Survey Indicates that 97% of Merchants Want Open Banking as Provided by PSD2

A recenty survey indicates that merchants are very interested in Open Banking. While the topic started as an esoteric policy goal with few people really understanding what it meant, a report from Sentenial/Nuapay indicates popular interest exists and that 97% of merchants are already looking… Read More

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