Industry news
This year, 66 companies have been shortlisted, representing the best of Open Banking, Open Finance and Open Payments.
The research by FIS also revealed differing levels of investment in generative AI among UK versus US financial services firms.
Paymentology and Mastercard aim to enable consumers and small businesses in El Salvador, Guatemala and Honduras to “gain access to innovative, safe, and convenient financial solutions”.
Incoming chief executive officer Chriss, who succeeds Dan Schulman, led Intuit’s $12 billion acquisition of Mailchimp.
The central bank’s payment and clearing systems were both hit by a “technical issue” on 14 August.
Open Finance Network Canada has called for the September 2023 Open Banking report to establish “a definitive deadline for implementation and a roadmap” to Open Finance.
Mubadala and BlackRock have backed the mobility fintech, which provides vehicle financing.
Nicola Anderson, chief executive officer of FinTech Scotland, said the programme will “discover and accelerate some of the most innovative fintech companies”.
Through the integration, point-of-sale provider Lopay can provide merchants of all sizes with instant payouts functionality.
Rightfoot’s newly-launched ‘Connect Magic’ product requires only the consent of the customer to securely retrieve up-to-date banking and credit data.
