UK alternative lender ThinCats secures nearly £700m in funding facility
The new facility will help ThinCats support lending of up to £696 million to mid-sized businesses in the UK.
Barclays Bank
Barclays hires payments veteran Antony Stephen to boost BNPL solution
Stephen joins from Amazon and will work on scaling Barclays’ BNPL platform.
Industry bodies look to harmonise ISO 20022 real-time payment implementation
Global interoperability of real-time payments systems will require harmonisation of market practices and standards. A group of international clearing houses, banks, vendors, payments associations and other parties have proposed setting up an activity to look at how to deliver this under the aegis of the International Standards Organisation – and set an ambitious target of collating an initial variant of ISO 20022 usage guidelines for real-time payments before the summer.
