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Industry news

Smarter Contracts welcomes Ghela Boskovich as Strategic Advisor

The addition of Boskovich will help with the continued global expansion of the business.

Finastra: Global FIs prioritise investment in AI, Open Finance

The latest global survey of banks and FIs by Finastra found that they are investing in technologies to “personalise the customer experience”.

Open Banking platform partner selected by collective of Canadian credit unions

The Large Credit Union Coalition (LCUC), which led the selection process, has chosen Caspian One to deliver a customised Open Banking platform.

FCA authorises Klarna to provide regulated credit and payments services

Klarna has established a new UK-based entity, Klarna Financial Services UK, ahead of the expiration of the regulator’s Temporary Permissions Regime.

Mashreq Bank implements Visa, Ecolytiq climate banking platform

The bank’s group head of retail banking said the new offering cements its “position as a sustainability trailblazer in MENA”.

Crezco raises $12m in Series A funding round

The SME payments fintech recently revealed a new partnership with accounting platform Xero in the UK.

Volt launches in Australia

Self-service ticketing platform Megatix has become the first merchant in Australia to adopt Volt’s real-time payments technology.

Expansion of Payments Canada membership eligibility announced in Fall Economic Statement

Payments Canada said it “applauds the inclusion of changes to the Canadian Payments Act” which is designed to enhance Canadians’ payment security.

Canadian government commits to ‘consumer-driven banking’ in Fall Statement

The Department of Finance’s framework legislation for Open Banking will be introduced in Budget 2024.

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