News

five°degrees; a digital core banking provider has announced its partnership with Codat, a London based FinTech.

Carmen Cuesta, Senior Manager – Enterprise Solutions Strategy, at BBVA, gave a fascinating insight into how the bank are securing their place in the Open Banking customer journey with a multi-faceted approach and an open mindset.

Collaborative, connected, customer-centric ecosystems are the key to innovation in an Open Banking world, according to Mark Buitenhek, Global Head of Transaction Services at ING.

Open Banking has officially crossed sectoral borders into the travel world, according to a case study presentation from IATA Pay at the recent Open Banking Expo Europe in Amsterdam

A new cohort of global fintech players are eyeing the Australian market, with UK Open Banking software player TrueLayer planning to launch there in 2020.

Challenger bank Starling has partnered with InsurTech firm Nimbla to offer businesses protection against insolvent customers.

Bill Roberts, head of Open Banking at the CMA, which oversees the UK’s Open Banking initiative, warned that voluntary adoption of Open Banking is unlikely to work in Canada.

Digital banking execs agree that the single biggest lever for achieving success in Open Banking will be in finding the use cases and experiences that add value for customers and drive adoption.

Canada’s Open Banking system must refrain from copying existing frameworks and adopt its own principles-led approach if it is to succeed, a top banking expert has warned.

Skipton, the UK’s fourth largest building society, will save mortgage applicants from the hassle of gathering their paper bank statements by adopting Experian’s Open Banking technology.