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News

Government introduces Data Use and Access Bill to ‘boost’ UK economy

By Ellie Duncan | 24 October 2024

The new Bill is expected to generate approximately £10 billion towards the UK economy across 10 years.

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GoCardless, 11:FS reveal what will take Open Banking payments mainstream

By Ellie Duncan | 24 October 2024

GoCardless’ Pat Phelan and Benjamin Ensor of 11:FS discussed their new report ‘How To Take Open Banking Payments Mainstream’ at Open Banking Expo UK & Europe earlier this month.

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Equifax UK and OneID work together on new onboarding solution

By OpenBankingExpo | 23 October 2024

The integration of Equifax’s ‘Apply+’ into OneID’s digital identity verification will enable customers to verify their identities without paper documentation.

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CFPB finalises Open Banking rule in ‘pivotal moment’ for US consumers

By Ellie Duncan | 22 October 2024

Financial firms will be required to comply with the Personal Financial Data Rights rule based on their size, commencing in April 2026.

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Neonomics launches Open Banking and AI-driven payments, data suite

By Ellie Duncan | 22 October 2024

‘Nello Pay’ and ‘Nello AI’ use AI and Open Banking technology, respectively, to improve businesses’ and consumers’ interaction with financial services.

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ClearScore Group’s Open Banking arm D•One partners with Inicio AI

By Ellie Duncan | 21 October 2024

D•One’s Tim Kelleway said that combining its Open Banking data with Inicio.AI’s virtual agent will deliver “a rapid and personalised view of a consumer’s finances”.

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Mastercard pilots new Open Banking ‘data command centre’

By Ellie Duncan | 21 October 2024

Mastercard Connect Plus’ is intended to give consumers control of where, how and with whom their financial data is shared.

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Raidiam unveils new advisory service

By Ellie Duncan | 21 October 2024

Raidiam Advise will be headed up by Jim Wadsworth, who joined Raidiam last month, alongside strategic advisory partner Lauren Jones.

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Worldline launches ‘Bank Transfer by Worldline’ across Europe

By Ellie Duncan | 18 October 2024

The new Open Banking payment solution has been available for merchants in 10 European countries since August this year.

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Canadian government appoints new FCAC commissioner

By Ellie Duncan | 17 October 2024

The Financial Consumer Agency of Canada will provide oversight, administration and enforcement of consumer-driven banking.

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