Industry news
New research by TrueLayer among European consumers found that strong customer authentication has also created more friction.
Kelly, who has worked at Visa and American Express, called the issuer processing space “ripe for disruption”.
The new capital, which comprises equity and debt, will be used to fund Hepster’s expansion into new markets.
Thunes has extended its Series C with support from Visa, EDBI and Endeavor Catalyst, to take its total raised to $72 million.
New research by CRIF, conducted among major European markets, found that the rising cost-of-living crisis has made it more challenging for individuals to manage their income and spending.
The new product does not require integration, while merchants can also benefit from reduced fraud and chargebacks.
Borough Bench Media, the parent company of Open Banking Expo, won in the Best Conference or Event Series category.
Through the partnership, Scotiabank will offer its business customers simplified financial management to reduce manual data entry, as well as cash flow insights.
In Canada, ecosystem participants are readying for the implementation of Open Banking. But as they do so, they will need to put customer trust at the heart of any internal and external transformation.
The Centre for Finance, Innovation and Technology named HSBC, Open Banking Limited, Experian, Zopa, Mastercard and the Open Finance Association among the coalition’s founding partners.
