Archive for June 2023
HSBC rebrands SVB UK as global entity HSBC Innovation Banking
The new standalone entity, HSBC Innovation Banking, also comprises newly-formed innovation teams in the US, Hong Kong and Israel.
Read MoreFCAC: Canadians value consumer protections and strong governance to participate in Open Banking
Research by the Financial Consumer Agency of Canada found that the most popular protection, chosen by 70% of respondents, was “full protection from any losses” if something were to go wrong.
Read MoreAmerican Express and Envestnet | Yodlee enter customer-directed data sharing agreement
The technical integration between American Express and Envestnet | Yodlee will eliminate the need for credential sharing and accelerate financial data access.
Read MoreGriffin secures $13.5m in Series A funding round
MassMutual Ventures led the investment in the newly-licensed UK bank.
Read MoreZilch opens Ad-Subsidised-Payments-Network to third parties
Philip Belamant, chief executive officer of Zilch, called it “an important step in creating what could be a trillion-dollar-plus payments ad-marketplace”.
Read MoreAmazon Pay offers Affirm’s ‘Adaptive Checkout’ to US merchants
Digital wallets are forecast to account for over half of ecommerce transactions worldwide by 2025, according to Affirm’s Libor Michalek.
Read MoreQ&A: Emma Steeley reveals how Aro is deploying data intelligence in personal credit
Aro’s Emma Steeley on transitioning the company to a product-led approach and creating a more inclusive culture in the process.
Read MoreInsight: From Open Banking to ecosystem banking
To win in an Open Banking landscape, banks need to proactively define their role in the financial ecosystem to create new value for customers, according to Wipro’s Anmol Grover.
Read MoreClearBank and Allica Bank team up to ‘boost’ UK business banking
ClearBank will provide Allica Bank with client money accounts and access to UK payment schemes.
Read MoreAPP fraud victims to be reimbursed under new rules set out by PSR
The changes put the UK at the forefront of the fight against APP fraud globally, according to Chris Hemsley, managing director at the PSR.
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