Peter Briffett

Trustly x Virgin Media O2 🚀 A game-changing partnership in UK payments! We’re proud to announce a groundbreaking collaboration with Virgin Media O2 — marking an industry first in the UK as we bring the power of Open Banking and Pay by Bank to millions of their customers. Together, we’re setting a new standard for eCommerce and digital payments — making checkout experiences faster, more secure, and frictionless. 🎥 Don’t miss our exclusive video with Johan Tjärnberg, CEO of Trustly Group, and Abraham Georgakarakos, VP of Digital & eCommerce at Virgin Media O2 – sharing why this partnership is a milestone for both innovation and customer experience. This launch builds on strong momentum: ✅ Digital wallet payments rolled out for Virgin Media O2 contract customers ✅ A successful Open Banking pilot in 2024 ✅ And now — full-scale Pay-by-Bank payments, powered by Trustly We’re just getting started. Stay tuned — the future of payments is here.

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OakNorth Bank is no shiny Monzo or Revolut. But what the UK challenger bank lacks in loud logos and viral advertising, it makes up for with a squeaky-clean reputation. Chief risk officer Mark Steele tells Farah Khalique in a sit-down interview at The Banker's HQ on how the lender is expanding into the US in a characteristically cautious way. While many of its digital peers have admitted to embarrassing compliance failures, system outages and swallowed multimillion pound fines in recent history, OakNorth has been quietly building a reputation as one of Britain’s most disciplined and consistently profitable mid-sized banks. With an average liquidity coverage ratio of nearly 500 per cent — more than four times the regulatory minimum — and not a single public enforcement action, it appears to excel at risk management and maintaining its reputation. Visit the comments (switch to 'most recent views') to read the full piece. Photo" Carmen Reichman.

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Open banking was covered widely at this week's Labour Party Conference, with widespread recognition of its critical role in powering UK economic growth and innovation. A standout moment was our Policy Director, Luke Ryder joining a fintech panel alongside Luke Charters MP, TrueLayer’s Megan Coulson, Financial Conduct Authority's Sacha Sadan, and Startup Coalition’s Charlie Mercer. The discussion explored: ✅ The journey OBL is supporting with industry and regulators to secure a long-term framework for open banking; ✅ How we can accelerate progress towards Open Finance to unlock benefits for consumers, businesses and the wider economy; ✅ The growing collaboration across the ecosystem to make this vision a reality. We were also pleased to participate in Innovate Finance and EY’s roundtable on Tech’s Plan for Change, where open banking was highlighted as a prime example of UK-led innovation. Attendees welcomed the move towards a sustainable, long-term model that supports the full ecosystem and enables continued growth. OBL remains committed to working with industry, policymakers, regulators, and consumer and business representatives to support this flourishing UK sector and ensure open banking continues to play a pivotal role in driving inclusive economic growth. #OpenBanking #OpenFinance #Innovation #FinTech #FutureOfFinance #Innovation #DigitalInnovation #TechInnovation The Labour Party

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🚀 Accelerating the ambitions of UK smaller businesses Our Growth Guarantee Scheme has reached £2.5bn in total lending, enabling smaller businesses across the UK to invest, expand and thrive. 📍 69% of this lending has reached businesses outside London and the South East 📍 £270m+ has supported businesses in the North West alone 📍 Over £633m has been provided to companies under five years old Chancellor of the Exchequer Rt Hon Rachel Reeves said: "The Growth Guarantee Scheme has made a huge impact on our regional economies, helping smaller businesses across the UK to invest and grow, creating jobs and putting more money in people’s pockets." Launched in July 2024, Growth Guarantee Scheme can be accessed via accredited lenders and provides crucial financing through term loans, overdrafts, asset and invoice finance, supporting up to £2m per facility. 👉 Click through for the key highlights of this milestone. 

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Weekly Editorial Roundup 🌟 Can a coffee help fight climate change? ekko believes it can, with CEO Oli Cook sharing how they’re making finance both familiar and powerful. eBay, once known for secondhand sales, is now championing circularity at scale. We also spoke to leaders in UK wealth management about aligning strong returns with sustainability goals. Looking ahead, Sustainable Times is launching the Sustainable Startup Investment Summit this October to spotlight the next wave of impact-led innovation. Meanwhile, nine major retailers including Tesco and Asda are joining forces to scale reusable packaging across the UK, and a £10 million clean energy fund is helping schools, care homes and transport hubs switch to renewables. Find all the stories on the Sustainable Times website: https://lnkd.in/egShGRb5

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