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Research by Moneyhub revealed that 29% of 16 to 24-year-olds make payments via Open Banking.
Speakers from NatWest, Tink and Token.io, as well as the FCA and PSR, took part in a panel on commercial VRPs at Open Banking Expo UK and Europe on 18 October.
GoCardless ‘Embed’, its white label integration, will enable Ecommpay to add direct debit to its payment methods.
Bud’s new product ‘Drive’ will enable “real-time customer base analysis and insight, meaningful segmentation and mass personalisation”.
Yapily’s Lisa Gutu said it will support Openpay’s growth plans “as they expand across Europe”.
The new CoP service from Clear Junction will help tackle growing cases of APP fraud.
The new consumer reporting agency established by Plaid will provide lenders with “ready-made credit risk insights” based on Open Banking data.
Phoebe Chibuzo Hugh, who founded insurance fintech Brolly in 2016, has joined the UK challenger bank as it prepares to enter the insurance market.
The Fairer Finance Trust in Banking Index found that challenger banks, such as Starling and Monzo, are more trusted than the incumbent banks.
Yoti’s chief executive officer Robin Tombs said the partnership will “strengthen the reliability and accuracy of identity checks for the Canadian auto financing sector”.
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