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Posts by Ellie Duncan

Open Banking in Australia hampered by ‘data reliability’ and implementation issues

By Ellie Duncan | 27 January 2023

Open Finance Advisors’ report on the Australian Open Banking ecosystem found that banks are “slow” to become Accredited Data Recipients.

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UK lenders call on government to support better data sharing to help SMEs access funding

By Ellie Duncan | 27 January 2023

In an open letter, signed by lenders including Atom Bank, Funding Circle, Allica Bank, Plaid and Codat, they propose an SME Funding Passport.

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Affirm partners with KAYAK to give holidaymakers ‘pay over time’ payment options

By Ellie Duncan | 26 January 2023

Selecting Affirm at the travel search engine’s checkout allows travellers to ‘book now, pay over time’.

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Saudi Central Bank teams up with fintechs and banks on wholesale CBDC project

By Ellie Duncan | 26 January 2023

The Governor of SAMA, Fahad Almubarak, stated that local banks and payment companies “will always be a cornerstone of this project”.

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FCA: Some UK firms ‘behind’ in plans to comply with Consumer Duty

By Ellie Duncan | 26 January 2023

The scale of the reform requires “significant changes” from some financial services firms, ahead of the 31 July implementation deadline.

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Konsentus enters MENA citing ‘wealth of opportunities’ for its services

By Ellie Duncan | 25 January 2023

The open ecosystem regtech provider has also appointed a MENA managing director to begin working with regional stakeholders.

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B2B BNPL platform Tranch secures $100m in funding round

By Ellie Duncan | 25 January 2023

The platform for SaaS sellers and services providers will use the proceeds from new and existing investors to grow its US-based office.

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Feature: Open Banking in the UK – an ‘unfinished experiment’

By Ellie Duncan | 24 January 2023

Five years on from PSD2, Open Banking is a “vibrant ecosystem”, but what needs to happen to ensure Open Finance is the end goal?

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CMA appoints former NatWest payments director as OBIE trustee

By Ellie Duncan | 24 January 2023

Marion King will succeed Charlotte Crosswell as chair and trustee of the UK’s Open Banking Implementation Entity.

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Q&A: GFT Canada’s Mauricio Deutsch on why security and convenience are key to Open Banking’s success

By Ellie Duncan | 24 January 2023

Mauricio Deutsch, banking and capital markets leader at GFT Canada, reveals what Canadian banks have to gain from embracing Open Banking and partnering with fintechs.

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