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News

Wealthsimple among first financial institutions to bring Canada’s Real-Time Rail to market

By Kelly Shave | 9 November 2026

Wealthsimple, Canada’s leading financial innovator, today announced it’s one of the first financial institutions to join Canada’s Real-Time Rail (RTR), a new national payments system developed and operated by Payments Canada. The RTR will bring faster, more seamless payments to Canadians.

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Industry leaders call for clearer consumer protections as agentic payments develop

By Kelly Shave | 9 November 2026

Industry experts at Open Banking Expo UK & Europe 2026 explored how consumer protection, fraud reimbursement and liability must evolve as AI-powered payments become more widespread, highlighting the need for clearer responsibilities and greater collaboration across the payments ecosystem.

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Bank of Canada sets out accreditation requirements for Consumer-Driven Banking participants

By Kelly Shave | 5 November 2026

The Bank of Canada has published two draft guidelines outlining what organisations will need to demonstrate to gain accreditation under Canada’s Consumer-Driven Banking Framework.

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InvestEngine achieves 98% payment success rate with commercial VRP

By Kelly Shave | 4 November 2026

InvestEngine has achieved a 98% successful payment-request rate using commercial variable recurring payments (cVRP), establishing 13,000 mandates in four months as it looks to accelerate recurring investment payments through Open Banking.

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AI agents could render traditional payment authentication obsolete, warns Dr Ruth Wandhöfer

By Kelly Shave | 2 November 2026

Dr Ruth Wandhöfer warns that agentic AI will reshape payments, challenge traditional authentication and transform competition between banks and fintechs.

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PocketSmith explores Australian women’s financial journeys and the role of Open Banking

By Ellie Duncan | 29 October 2026
PocketSmith explores Australian women’s financial journeys and the role of Open Banking

A recent poll conducted by Open Banking-powered personal finance app PocketSmith has uncovered a strong affinity for messaging that highlights moments of reinvention.

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Revolut Pay partners with Just Eat Takeaway.com to introduce one-click A2A payments at checkout

By Kelly Shave | 28 October 2026

Revolut, a global bank with over 80 million customers and over 850,000 business customers, has announced a strategic payments partnership with Just Eat Takeaway.com.

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Powens launches AI system to build and fix Open Finance connectors

By Kelly Shave | 28 October 2026

Powens, a European Open Finance infrastructure provider, has launched its Connector Agentic Factory, an internal AI system that is capable of building new Open Finance connectors and repairing existing ones.

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ZEN.COM introduces Pay by Bank to nine European markets via Mastercard Open Finance

By Ellie Duncan | 28 October 2026
ZEN.COM introduces Pay by Bank to nine European markets via Mastercard Open Finance

European fintech ZEN.COM is expanding its Pay by Bank capabilities with Mastercard Open Finance, giving merchants and consumers a simpler way to pay directly from their bank account across Europe.

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From data access to real-world impact: Is Open Banking ready to prove its value?

By Kelly Shave | 27 October 2026

Concentrix hosted a closed-door roundtable at Open Banking Expo UK & Europe 2026, bringing together senior financial services leaders to explore how Open Banking, Smart Data and AI can drive measurable value, better decisions and improved customer experiences.

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