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News

CFPB proposes Big Tech ‘play by the same rules’ as banks, credit unions

By Ellie Duncan | 10 November 2023

The Consumer Financial Protection Bureau seeks to supervise non-bank companies offering digital wallets and payment apps in line with banks and credit unions.

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Open Banking and AI – a new era of personalised banking?

By Ellie Duncan | 10 November 2023

A roundtable co-hosted by Red Badger and Open Banking Expo debated how to use Generative AI to improve the customer experience.

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TrueLayer’s Open Banking payments available to merchants via Shopify

By Ellie Duncan | 9 November 2023

Businesses throughout the UK and Europe “rely on Shopify to power their payments”, according to TrueLayer’s head of ecommerce Michael Brown.

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European Parliament agrees new rules on ‘affordable’ instant transfers in euros

By Ellie Duncan | 9 November 2023

The update to SEPA will see EU payments systems “become more competitive”, according to MEP Michiel Hoogeveen.

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Q&A: Aro’s Andy Fisher on taking lenders on the Open Banking ‘journey’

By Ellie Duncan | 9 November 2023

Andy Fisher, chief growth officer at Aro, reveals the main growth areas for the business over the next 12 to 24 months, and explains how Aro Mortgages is educating lenders about Open Banking.

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Moneyhub: Open Banking payments ’embraced’ by younger generations

By Ellie Duncan | 8 November 2023

Research by Moneyhub revealed that 29% of 16 to 24-year-olds make payments via Open Banking.

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NatWest, Tink hail benefits of commercial VRPs as industry readies for 2024 pilot

By Ellie Duncan | 8 November 2023

Speakers from NatWest, Tink and Token.io, as well as the FCA and PSR, took part in a panel on commercial VRPs at Open Banking Expo UK and Europe on 18 October.

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Ecommpay diversifies merchants’ payment options with GoCardless

By Ellie Duncan | 8 November 2023

GoCardless ‘Embed’, its white label integration, will enable Ecommpay to add direct debit to its payment methods.

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Bud Financial unveils AI-powered data analytics product

By Ellie Duncan | 7 November 2023

Bud’s new product ‘Drive’ will enable “real-time customer base analysis and insight, meaningful segmentation and mass personalisation”.

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Denmark’s Openpay teams up with Yapily for cross-border payments

By Ellie Duncan | 7 November 2023

Yapily’s Lisa Gutu said it will support Openpay’s growth plans “as they expand across Europe”.

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