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News

JROC proposes design of Future Entity in the UK

By Ellie Duncan | 22 April 2024

The JROC report also sets out its plans to create an ‘Interim Entity’, which will be needed for “at least 18 months”.

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Floify unveils new integration with Truv to improve mortgage lending

By Ellie Duncan | 19 April 2024

Consumer-permissioned data platform Truv has the ability to electronically verify income and employment for 95% of the US workforce.

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Klarna reveals which European country tops Open Banking league table

By Ellie Duncan | 19 April 2024

Klarna created the ranking to determine “which countries and which banks are the best and which are the worst at giving access to payment services”.

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UK government publishes Smart Data Roadmap

By Ellie Duncan | 18 April 2024

Banking, finance, energy and road fuels, telecoms and transport are considered “priority” sectors.

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Westpac partners with NextGen to speed up home loan applications

By OpenBankingExpo | 18 April 2024

The Australian bank has enabled Open Banking for mortgage brokers and their customers through its partnership with NextGen.

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CFIT outlines second phase of Open Finance Coalition

By Ellie Duncan | 18 April 2024

The second phase of CFIT’s inaugural coalition is focused on enhancing financial access for vulnerable consumers and SMEs.

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Canada’s Open Banking ecosystem reacts to Budget 2024

By Ellie Duncan | 17 April 2024

What did FDATA North America’s Steve Boms and Fintechs Canada’s Alex Vronces have to say about the government’s plans for a consumer-driven banking framework?

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Increased acceptance of Open Banking among Canadians, research finds

By Ellie Duncan | 17 April 2024

A survey by Environics Research also revealed the likelihood of consumer adoption based on institution type.

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Canadian government provides clarity on Open Banking framework in Budget 2024

By Ellie Duncan | 16 April 2024

The Financial Consumer Agency of Canada will be responsible for the oversight, administration and enforcement of consumer-driven banking.

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Payments Canada resumes delivery of Real-Time Rail

By Ellie Duncan | 16 April 2024

New partners CGI and IBM Canada, as well as Interac, will support the final part of delivery and operation of RTR.

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