Archive for April 2024
Westpac partners with NextGen to speed up home loan applications
The Australian bank has enabled Open Banking for mortgage brokers and their customers through its partnership with NextGen.
Read MoreCFIT outlines second phase of Open Finance Coalition
The second phase of CFIT’s inaugural coalition is focused on enhancing financial access for vulnerable consumers and SMEs.
Read MoreCanada’s Open Banking ecosystem reacts to Budget 2024
What did FDATA North America’s Steve Boms and Fintechs Canada’s Alex Vronces have to say about the government’s plans for a consumer-driven banking framework?
Read MoreIncreased acceptance of Open Banking among Canadians, research finds
A survey by Environics Research also revealed the likelihood of consumer adoption based on institution type.
Read MoreCanadian government provides clarity on Open Banking framework in Budget 2024
The Financial Consumer Agency of Canada will be responsible for the oversight, administration and enforcement of consumer-driven banking.
Read MorePayments Canada resumes delivery of Real-Time Rail
New partners CGI and IBM Canada, as well as Interac, will support the final part of delivery and operation of RTR.
Read MoreOzone API and Thistle Initiatives help FIs prepare for PSD3
The new partnership intends to accelerate banks’ compliance with PSD3, allowing them to “capitalise on commercial opportunities sooner than anticipated”.
Read MoreMastercard and Canada’s Vopay partner to launch money movement solution
The partnership aims to simplify domestic and cross-border money movement for Canadian businesses and consumers.
Read MoreInnovate Finance, KPMG propose three Open Finance roadmaps
KPMG and Innovate Finance have outlined the three possible scenarios for the implementation of UK Open Finance in a joint report.
Read MoreCFIT to chair new Open Finance Taskforce
The industry-led Taskforce will build on the work done by CFIT’s Open Finance Coalition, which published recommendations earlier this year.
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