News
Allica Bank buys SME lending portfolio from AIB
The deal will see the challenger bank acquire around 2,000 SME borrowers from AIB Group, which is exiting the UK SME market, and brings forward its target profitability date to mid-2022.
Read MoreMastercard to introduce Bill Pay to Latin America with Arcus purchase
The company has bought Arcus FI, an alum of Mastercard’s ‘Start Path’ programme, to bring real-time payment applications to Latin America.
Read MoreBill Morneau proposes ‘industry-led’ approach to Open Banking in Canada
The former finance minister of the Government of Canada delivered the opening keynote on the first day of Open Banking Expo Canada, in which he told banks and fintechs there is ‘room for everyone to do better’.
Read MoreVisa invests in Australian API platform Basiq
Cietan Kitney, head of strategy, Asia Pacific at Visa will join the board following the strategic investment.
Read MoreCodat enters Australia and New Zealand
The London-based API provider has partnered with Australia’s Judo Bank and has hired Matthew Tyrrell as APAC commercial director.
Read MoreStripe Terminal rolls out across Europe
The expansion of the Terminal will enable businesses to ‘unify’ their in-person and online payments experiences.
Read MoreQ&A: Symcor’s Saba Shariff on getting Open Banking in Canada over the line
Saba Shariff, head of new product development and corporate strategy at Symcor, tells Open Banking Expo what needs to happen in the next six months to move consumer-directed finance forward in Canada.
Read MoreEnvestnet | Yodlee announces data access agreement with Capital One
Under the data sharing agreement, mutual customers will have better access and control over their financial data.
Read MoreAustralian banks and fintechs poised to use Open Banking data
A new report published by Frollo revealed that 76% of fintechs want to start using Open Banking in the next 12 months, while 66% of banks and lenders plan to use CDR data over the same period.
Read MoreConsumer education required to drive A2A payments conversion
A panel session at the Open Banking Expo UK Confex tackled how to increase conversion rates at checkout, both in-store and online, as Open Banking payments reach ‘tipping point’.
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