Plaid and Wise move to deliver Open Finance promise

The partnership is live and in market whilst it’s already being used for P2P payments and investment platforms.

Bryan Zhang appointed Chair of Strategic Working Group for Open Banking

The committee believes that by working closely with industry and other key stakeholders, there is potential to build on the progress made to date in Open Banking

CIBC chooses MX to enhance financial tools and apps offering

The collaboration with MX reflects CIBC’s continual commitment to innovation and ‘will enable modern, digital client experiences’.

Launch: Payments industry survey on Variable Recurring Payments (VRP) and Sweeping

Brew that coffee, dive right in and give us your opinion on the future of Variable Recurring Payments and Sweeping.

Yapily becomes latest industry player to launch Variable Recurring Payments (VRP)

The announcement follows the Competition and Markets Authority (CMA) mandate that the UK’s nine largest banks must support VRP for sweeping by 31st July 2022. 

Lenders say Open Banking will ‘complement’ credit bureau data under Consumer Duty

Speakers from Equifax, AccountScore, Plend and Everyday Loans joined an Open Banking Expo live panel debate to discuss Consumer Duty, Open Banking and the rising cost of living.

Nexi partners with Microsoft to drive digital payments in Europe

The strategic collaboration demonstrates “the power of combining deeply local payments expertise with European scale”.

Rapyd joins forces with Rakuten Viber for digital payments launch

The partnership will enable cross-border digital payments directly within the Viber app.

MX looks to PayPal for new CEO

Jim Magats joins as CEO next month, after 18 years at PayPal.

Virgin Money enters BNPL space with Slyce

The new product, out later this year, will “bring more customers into a regulated credit environment”.