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News

Insight: Open Banking, Open Finance and Open Data predictions for 2025

By Ellie Duncan | 9 January 2025

Huw Davies, co-founder and chief executive officer of Ozone API, reveals what 2025 holds for Open Banking in the UK and US.

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TransUnion signs agreement to acquire credit tech Monevo

By Ellie Duncan | 8 January 2025

TransUnion already owns 30% of the equity of Monevo after acquiring a minority stake in 2021.

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Money-saving app Snoop launches savings account

By Ellie Duncan | 8 January 2025

The new Easy Access Savings Account is available exclusively through the Snoop app and incorporates money management tools.

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Regions Bank to integrate Axway’s Open Banking solution

By Ellie Duncan | 7 January 2025

Regions Bank’s consumer banking, corporate banking and wealth management customers will move away from relying on screen-scraping to share their financial data with third parties.

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ClearScore Group gains embedded finance foothold with Aro Finance acquisition

By Ellie Duncan | 7 January 2025

By acquiring Aro Finance, ClearScore will also expand into secured loan broking.

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CFIT secures industry partners to lead next coalition

By Ellie Duncan | 7 January 2025

The next coalition will be led by Mastercard and Lloyds Bank, with other strategic industry partners expected to join in 2025.

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Open Banking platform Money Squirrel launches in the UK

By Ellie Duncan | 7 January 2025

Money Squirrel is designed to encourage businesses to improve how they manage cash flow.

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Finastra announces leadership shakeup as CEO to step down

By Ellie Duncan | 6 January 2025

Chief executive officer Simon Paris, who oversaw the merger of Misys and D+H in 2017 to form Finastra, is preparing to step down.

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B2B payments platform Tranch acquired by legal tech provider Elite

By Ellie Duncan | 6 January 2025

Tranch, which is based out of London and New York, offers invoice management and turnkey payment solutions for law firms and their clients.

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Ghana’s central bank releases draft Open Banking Directive

By Ellie Duncan | 6 January 2025

The Bank of Ghana is seeking feedback from stakeholders on the Open Banking Directive, which aims to “accelerate the adoption of digital financial services”.

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