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IndustryUpdate
Despite varying confidence levels, researchers noted,
SMBs across these regions indicated their countries are
good hubs for business, including 62 percent of U.S.
participants.
RBR releases new global ATM research
RBR's recent study, Global ATM Market and Forecasts to
2027, shows that the number of bank branches world-
wide continued to fall in 2021, with increasing adoption
of digital banking lowering traffic at physical outlets.
Researchers also found that banks regard their ATMs as
a crucial physical touchpoint with their customers and
are seeking to increase relationship-building opportuni- target sectors traditionally designated as high-risk and
ties at this channel.
Pivotal to this endeavor, RBR added, is customer rela-
tionship management software, which is present at
almost half of ATMs worldwide.
Yapli finds open banking rising across Europe
Open banking maturity soared across Europe over the
last 12 months, according to new research published in
Yapily's annual European open banking league table.
Combining expertise, knowledge and experience with
data from its open banking platform, Yapily ranked 18
European countries on a 10-point scale according to the
maturity of open banking in each market.
The league table is based on local regulatory oversight
and enforcement, digital readiness of the population,
domestic payments infrastructure, bank integrations,
presence of third party providers, and API performance
and standardization. The UK took the top spot for the
second year, with Germany moving up to second place
and Sweden third, Yapli reported.
PARTNERSHIPS
Capital One Business, Melio team up
Melio, a B2B payments platform for small businesses,
confirmed it launched a fully integrated accounts pay- China, the EU, Eastern Europe, sub-Saharan Africa and
able solution with Capital One Business to enable
Capital One small business cardholders to pay their
vendors and suppliers with a card—even if they do not
accept credit cards—directly from their Capital One
Business accounts. Melio's payments technology enables
credit cards to be accepted everywhere, the partners
stated, saving businesses valuable time and money that
would otherwise be spent mailing checks or managing
wire transfers.
Capital One Business cardholders will have access to
more flexible payment options and streamlined work- GoCardless, a provider of direct bank payments, dis-
flows from their Capital One Business account, they
added.
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Global Primex, MCB launch payment platform
Global Primex, a company specializing in secure digi-
tal payment solutions, introduced the VLoad payment
platform in partnership with Metropolitan Commercial
Bank. VLoad, an online payment method, provides
industry-leading privacy and security to consumers and
empowers merchants in the VLoad Merchant Network
with increased revenue resulting from unparalleled
fraud prevention, dispute management and acceptance
rates, Global Primex stated. While VLoad is tailored
to the general ecommerce market in the United States,
Global Primex further noted it is using its expertise to
are plagued by chargebacks, low acceptance rates and
fraud.
Tillful, Experian to help SMBs get credit
Small business credit platform Tillful reported it is part-
nering with Experian to help establish credit profiles
for businesses that are new to credit or otherwise credit
invisible, and expand the credit options available to
them. The relationship will allow cash-flow data to be
used to verify and establish an Experian business credit
file for new-to-credit businesses, Tillful stated, adding
that it puts control in the hands of business owners
to begin building credit on their own terms. Business
owners can visit Tillful's website to see if their company
has a credit profile with Experian. If no profile exists,
owners can request that their Tillful profile be shared
with Experian so that a business credit profile can be
established.
TSG, TFPA now allied
The Strawhecker Group, a payments industry analyt-
ics, intelligence and consulting firm, formed a strategic
alliance with the Pan-European Fintech & Payments
Advisory Network (TFPA), a network of senior exec-
utives focused on payments, fintech and banking.
Together, the firms now have feet-on-the-street experi-
ence in over 30 countries and geographies, including the
United States, Canada, the UK, France, Brazil, Russia,
Australia, the partners stated. This strong experience,
paired with TSG's proven payments analytics product
set and market intelligence, combine to provide a truly
best-in-class offering to the global payments community,
they added.
ACQUISITION
GoCardless to acquire Nordigen
closed plans to acquire Nordigen, a freemium open
banking data provider. GoCardless said it will incor-
porate Nordigen's open banking connectivity into its