News
Enfuce and Visa team up to issue prepaid cards to refugees in France
The pilot project, which also involves Finland’s Epassi and community-driven neobank Welcome.Place, aims to distribute the cards to 50,000 Ukrainian refugees arriving in the country.
Read MoreSaudi Central Bank unveils Open Banking Lab
The Lab features a sandbox, as well as use cases, for banks and fintechs to develop and test their Open Banking services.
Read MoreUK fintech Twig buys French teen banking challenger Vybe
The acquisition is Twig’s third as it aims to become the ‘go-to’ platform for Gen Z.
Read MoreTurkey’s central bank conducts first Digital Lira payment transactions
In other central bank digital currency news, the Federal Reserve Bank of Boston’s joint research effort with the Massachusetts Institute of Technology (MIT) into a potential CBDC has come to an end.
Read MoreEnterprises cite data security, API ‘sprawl’ and talent gap as main API strategy concerns
The findings from the Axway 2022 Open Everything Strategy Survey Report revealed organisations have upped their API budgets over the past couple of years.
Read MoreFintech Galaxy enters Egypt with acquisition of Underlie
The deal to buy Underlie, which builds Open Banking APIs, consolidates Fintech Galaxy’s expansion in the region.
Read MoreCustomers’ expectations of lenders have ‘never been higher’
Delivering a customer experience that is “better than the established brands” and is “friction free” will help lenders succeed, according to panellists from Experian, Allica Bank, Funding Xchange and Starling Bank, during an Open Banking Expo live debate on the future of lending.
Read MoreJROC to deliver vision for UK Open Banking in Q1 2023
TrueLayer’s Jack Wilson said “the waiting continues”, as an update from HM Treasury, the CMA, PSR and FCA revealed the Strategic Working Group’s final report has been delayed until January.
Read MoreSecure Trust Bank teams up with Mastercard for Open Banking payments
The partnership with Mastercard’s Open Banking platform gives the bank’s customers a new way of repaying retail finance loans.
Read MoreLenders encouraging customers to provide Open Banking data ‘early on’ in credit decisioning process
An Open Banking Expo live panel debate, in association with Equifax, heard from lenders about using Open Banking to lend to customers who would traditionally have been considered thin file or credit invisible.
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