News
FDATA proposes model to ensure smaller fintechs can participate in Open Banking in Canada
The Financial Data and Technology Association has submitted a formal proposal to the Department of Finance and Bank of Canada recommending the creation of a Sponsored Fintech Model (SFM) under the Consumer-Driven Banking Act (CDBA).
Read MoreVolt and Trade Nation launch real-time payments for Australian traders
Volt, the real-time, rail-agnostic money movement platform, has partnered with global broker Trade Nation. The launch goes live first in Australia with PayID and instant payouts, marking the start of a global partnership.
Read MoreFDATA announces new board leadership
The Financial Data and Technology Association’s board of directors has elected Christine Day of Questrade Financial Group as chair of the board, and Kat Cloud of Sumsub as vice chair.
Read MoreCFIT launches Financial Inclusion Coalition to develop inclusive payments solutions
The Centre for Finance, Innovation and Technology is working with Project Nemo on its fifth Coalition, with an initial focus on devloping a Supported Payments framework that will enable vulnerable customers to make everyday payments themselves.
Read MorePaidBy teams up with Mastercard to scale cross-border A2A payments
The strategic partnership combines Mastercard’s global Open Finance connectivity and scale with PaidBy’s orchestration and settlement infrastructure to unlock international A2A payments.
Read MoreLSEG Risk Intelligence unveils ‘Identity Gateway’ for access to digital identity schemes
LSEG Risk Intelligence has launched Identity Gateway, a new technology infrastructure layer designed to simplify access to trusted digital identity schemes.
Read MoreBrick Rewards embeds Moneyhub’s Open Banking technology to reward UK renters
Brick Rewards, which is currently available to renters in London, enables users to earn points by paying their rent on time and spending at participating local businesses.
Read MoreAdyen chosen as PSP for UK government online payment service GOV.UK Pay
Public sector organisations, including local councils, armed forces and police, will transition to Adyen for their GOV.UK Pay processing.
Read MoreEquals Money | Railsr rebrands as annual transaction volume surpasses £58bn
Equals Money | Railsr has rebranded as Equals, a technology platform that businesses use to power their payments, accounts, cards and FX.
Read MoreUK Payments Initiative launches new A2A payments scheme in ‘defining moment’
The new industry-led scheme will enable consumers to make recurring and automated payments to businesses in the financial services, utility and charity sectors, as well as to government.
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