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News

Awareness key to increasing early adoption of VRPs

By Niamh Smith | 21 October 2022

Consumers are nervous and unfamiliar with variable recurring payments, which has inhibited early adoption of the new payment method.

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Token enters agreement with NatWest to offer VRP for non-sweeping

By Ellie Duncan | 21 October 2022

Token’s Charles Damen and NatWest’s Dan Globerson revealed the news at Open Banking Expo UK in London on 20 October.

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Open Banking Expo partners with American Express to launch Women in Open Banking

By Ellie Duncan | 21 October 2022

The new industry-wide initiative will help women “rise up and realise their potential”, through mentoring workshops, breakfast briefings and roundtables rolling out in 2023.

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Collaboration key to combat rising threat of APP scams

By Joe McGrath | 20 October 2022

Prevention, detection, intervention, and education essential if industry is to extinguish criminal activity across Open Finance.

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Innovate or pack your bags, payment providers told

By Joe McGrath | 20 October 2022

Companies are embracing buy or build strategies to remain relevant amid an increasingly demanding customer landscape.

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Legacy systems stifling institutional innovation

By Joe McGrath | 20 October 2022

Experts in capital markets infrastructure say adoption of Open Banking in the institutional market has been hampered by legacy approaches.

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UK bank Lloyds releases ‘Innovation Sandbox’ with NayaOne

By Ellie Duncan | 19 October 2022

The new sandbox will enable Lloyds Banking Group to “experiment and learn with fintechs at pace”.

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Australia’s Biza appoints Rob Hale as CTO

By Ellie Duncan | 19 October 2022

Hale joins from TrueLayer and is a member of the Data Standards Body’s CDR Banking Advisory Committee.

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UK fintech Ordo secures £10m in Series A

By Ellie Duncan | 19 October 2022

Ordo CEO Craig Tillotson said the case for Request to Pay and Open Banking capability “has never been stronger”.

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FriendlyScore announces brand transformation

By OpenBankingExpo | 18 October 2022

London-based account information service provider (AISP) and analytical software company FriendlyScore has announced a new brand identity.

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