Industry news
The research by PayIt by Natwest found that businesses which are not using Open Banking typically spend £1,687 more on payment processes each year.
HL has processed more than £850 million in payments to its ‘Active Savings’ accounts using Ecospend’s solution, since May 2023.
The partnership follows Ozone API’s recent funding round, which raised £8.5 million.
Open Banking Expo’s Women in Open Banking initiative now has more than 500 members.
Through the partnership, Tiger Brokers’ UK clients will experience a more efficient onboarding and deposit process.
Following the deal, GFT will become a top three provider of IT services for banking across Latin America.
Financial institutions in the two countries will be able to offer country model bank functionality, backed by Temenos’ banking platform and Nagarro’s regional knowledge.
Julie Levesque, executive vice president, technology and operations at National Bank of Canada, called CGI a “trusted partner”.
Glenn Wolff joins as chief client officer and Ted Bowman has been named Interac’s new chief product officer.
Italy-based personal finance hub Plannix helps users with wealth tracking, portfolio management and financial planning.
