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Mia-FinTech launches Payment Integration Hub, a new end-to-end digital payments solution



Mia-FinTech, the technology provider for banks and financial institutions based on the Mia-Platform technology, announced that it has launched Payment Integration Hub (PIH), a new application that brings together all digital payment methods in a single console.

The B2B2C offering will allow all kinds of companies to integrate and handle different payment APIs in a single modular, ready-to-market solution where they can manage the entire digital payments lifecycle.

Businesses will be able to offer their customers the opportunity to choose their preferred payment method at the checkout for a better user experience, while a back office application will ensure that every single transaction is monitored in real time. The Payment Integration Hub complies with all security protocols in digital transactions, ensuring user privacy while maintaining a high level of governance.

Bruno Natoli, CEO of Mia-FinTech, said: “The total transaction value of digital payments in the UK is projected to surpass £360 billion in 2023, out of which e-commerce will account for over £240 billion. With a rapid increase in the use of all digital payment methods, there is a need for an associated ecosystem of services to evolve and keep pace with innovations in this space.

“The pandemic accelerated the appetite for digital payments and now consumer buying patterns and habits will drive new payment innovations, pushing industry players to reconsider and upgrade operating models. The PIH from Mia-FinTech is a composable and flexible solution that will unify all payments and provide true digital payment governance to companies, allowing them to better manage their business and respond quicker to evolving consumer preferences.”

The Payment Integration Hub supports more than 10 payment providers including, but not limited to: PayPal, Google Pay, Apple Pay, Satispay, Stripe and UniCredit. Additionally, it provides APIs to easily connect various physical and digital POS through a simple configuration, making it possible to integrate external ERP systems.

Businesses can engage with multiple payment providers at once and offer different features, such as total and partial reversals, Buy Now Pay Later, pay-outs and refunds, all while producing in-depth analytics and insights.

The PIH provides a customizable white-label, front-end interface so that it will be consistent with a company’s other digital assets. It can be integrated with any website or app and allows clients to apply custom logic for an adaptive checkout experience.

Through its backend management console, users will be able to manage permissions and directly perform special actions on transactions, such as invoice reversals or sending notifications of payments received, which are saved on a log to ensure transparency, compliance, and security.

The launch of PIH comes as Mia-FinTech celebrates its first anniversary since entering the fintech space in 2022. A vertical solution under Mia Platform, an end-to-end platform builder that allows businesses to build modern cloud-native applications, Mia-FinTech is focused on developing capabilities and solutions specifically for the financial market.

In its first year of operating, Mia-FinTech has successfully hired 20+ employees and expanded its business internationally operating from Mia-Platform’s new offices in London and Amsterdam, two of the biggest fintech hubs in Europe. It has also developed a portfolio of technology partners so that the platform marketplace can offer access to specialist tools ranging from encrypted documentation handling to embedded insurance, mobile banking and identity security services.

Bruno Natoli finished: “2022 has been an extremely successful first year! Significant growth in our customer acquisition numbers has laid the foundations for a great future ahead. We have created an impressive catalogue of services together with our partners, which will make digital transformation much more accessible for any financial services organisations looking to introduce cloud-native applications to give them a competitive edge.”


Adyen drives conversion uplift with advanced authentication solution




The company’s expanded authentication offering optimizes authorization, security, and end revenue


Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, announces that it has further advanced its digital authentication solution, with ongoing pilots realizing a conversion uplift of up to 7%. Engineered to optimize authorization and therefore end revenue, the company’s expanded capabilities include Delegated Authentication, Data-Only, and Trusted Beneficiaries functionalities. By turning regulatory challenges into opportunities, Adyen’s authentication ecosystem combines security and seamless checkout experiences to drive growth for digital businesses.

“Adyen continues to expand the capabilities of our single platform,” says Trevor Nies, Global Head of Digital Strategy at Adyen. “Our recent authentication innovations show how we’re continuously finding new avenues to help our digital customers grow. As a partner, we identify opportunities to address and simplify regulatory challenges on behalf of global businesses. Our Delegated Authentication, Data-Only, and Trusted Beneficiaries functionalities are the latest ways we are embodying this mindset of turning complexity into conversion, which greatly reduces friction for our customers.”

In regions where Strong Customer Authentication (SCA) is required , Adyen has implemented its Delegated Authentication technology as an additional option to streamline authentication while remaining compliant. While many digital authentication flows are full of friction including redirects, Delegated Authentication allows Adyen to fully authenticate the consumer on behalf of the issuer, providing a streamlined cardholder experience while remaining within the merchant checkout page. To maintain the highest security standards while providing ease of use, Delegated Authentication enables shoppers to utilize two-factor authentication, leveraging biometric checks such as fingerprint recognition and facial scans, and device bound credentials. Delegated Authentication has been expanded from only web browser users to include iOS and Android users.

To further cater to customer needs in regulated markets, Adyen has advanced its Trusted Beneficiaries functionality. Through Trusted Beneficiaries, shoppers in the checkout stage are given the option to simultaneously add a business to their list of trusted companies. After designating a business as ‘trusted,’ shoppers will not need to be re-authenticated when purchasing from them. This again brings added convenience to the consumer and increased conversion to the business.

Even in regions where strict authentication regulations are not in place, Adyen is using its global expertise to improve authorization rates using its Data-Only feature. When a transaction is executed where customer authentication is not mandatory, such as in the US or Brazil, Adyen can share authentication data with schemes in order to help them make more informed authorization decisions. By using Data-Only, businesses have been able to broaden their decision-making resources and increase conversion while reducing fraud.

In line with the company’s long-held approach to building upon its single platform, Adyen is committed to continuously broadening its global authentication capabilities. As the technology evolves, businesses can rely on it to optimize authorization in both mandated and non-mandated markets. With Adyen’s expanded solution already driving noteworthy conversion uplift in ongoing pilots, Adyen looks forward to further demonstrating the value of authentication as a strategic revenue driver.

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New Open Banking platform Archie waves a timely hello to Britain’s beleaguered businesses




  • Archie is a game-changing payments and data platform that’s inherently human in its approach; a refreshing proposition in the jargon-heavy Open Banking market.
  • It enables businesses, including SMEs, to offer faster and more cost-effective Open Banking payments whilst also drawing on real-time financial data to reimagine their digital proposition for customers.
  • Recently-commissioned research highlights 82% of consumers would share their financial data in return for the right incentive, but also shows that 78% are still unsure about what Open Banking can do. Archie aims to address the elephant in the room and boost understanding through education and clear communication.


Archie, a next generation payments and data platform, today launches with a promise to support the UK’s businesses, including underserved small and medium-sized enterprises (SMEs), whilst educating consumers on the vast potential of Open Banking.

Founded by Graham Nyman and Bhavesh Nayi, who have an extensive background in digital transformation and technology, Archie offers a more inherently human experience in a jargon-heavy market, helping business owners and their customers to realise the full benefits of Open Banking and data sharing.

Archie’s platform powers a user-friendly solution that enables its partners, including SMEs and larger corporations, to create consent-driven payment and data experiences. Partners can set up these journeys in minutes, without the need for any coding and personalised to their own branding.

Small business owners can now add faster and more cost-effective Open Banking payments to their existing payment methods using ‘pay by link’ and QR codes, whilst Archie’s end-to-end solution identifies the benefits of Open Banking data to their specific business. This includes real-time balances and KYC services, but also transactional categorisation and merchant identification data that enables businesses to offer products and services that help customers manage their money better.

Recent research by Mastercard revealed more than two-thirds (69%) of small business owners in the UK believe there is a ‘cost of doing business’ crisis running in tandem with the much-publicised cost of living crisis. Archie is therefore a timely entrant to the Open Banking sector, giving business owners the ability to streamline their payment journeys and save up to 70% in transaction fees as they battle tough economic conditions.

Archie is also committed to educating consumers about the possibilities prompted by Open Banking and data sharing. A white paper created by the company to support its launch, ‘The Elephant in the Room’, has highlighted that whilst 82% of consumers would share their financial data in return for the right incentive, 78% are still unsure about what Open Banking actually is, and what it can achieve. And this is where the opportunities lie, if the benefits are communicated clearly.

Graham Nyman, Co-Founder, Archie, said: “Archie was conceived when Bhavesh and I were sitting in my garden during the pandemic. We were exploring Open Banking, and were frankly confused and turned off by the jargon. People don’t trust what they don’t understand, and this is the elephant in the room. The underlying issue stems from a lack of education by the industry, and this is something we’re seeking to address.”

“Archie is all about education and accessibility, both for Britain’s businesses and their customers, for whom data unlocks a host of possibilities. With our platform, SMEs can plug in and just pay for what they use. We think of ourselves as a speedboat on the cusp of innovation, moving swiftly ahead of the game – developing, iterating and releasing smart data products.”

Bhavesh Nayi, Co-Founder, Archie, added: “We have a passion-led, problem-solving and innovation-driven team. We’re mentors at heart, and by background, and we’re striving to illuminate society on the many benefits of Open Banking.”

“Britain’s businesses are understandably worried about their P&L. We’re providing the right tools to reduce payment costs whilst also providing data-driven insights that will help them better understand, and serve, their customers, increasing lifetime value.”

“Think about a company like Nike or Adidas. They have apps that track how far people run, how much they exercise and so on. If they were to use Archie data, it would also provide usable insights into a user’s spending behaviours. For example, they may have a monthly gym membership and be signed up to Apple’s Fitness+. Tracking this activity via the app, and data trends and behaviour from Archie, the likes of Nike could then reward their customers and provide lifestyle information that would enrich the customer’s life.”

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