Australian banks and fintechs poised to use Open Banking data

A new report published by Frollo revealed that 76% of fintechs want to start using Open Banking in the next 12 months, while 66% of banks and lenders plan to use CDR data over the same period.

N26 exits US after two years

The neobank’s digital operations will close in the US on 11 January 2022, as it ‘sharpens its focus’ on Europe.

Australia’s Frollo teams up with Volt for launch of BaaS app

Broker company Australian Finance Group became Volt’s first customer to launch a BaaS-powered app to a pilot group of 125 brokers in October.

Yapily launches in Spain

The launch comes as the Open Banking infrastructure provider’s coverage reaches 95% of Spanish bank accounts.

CMA issues new July 2022 deadline for VRPs on OBIE’s recommendation

The OBIE wrote to the CMA with the proposed new timetable as it warned that most of the CMA9 would be unable to meet the 31 January 2022 deadline for implementing VRPs for sweeping.

Netcompany partners with Aiia to bring Open Banking payments to Denmark

A new nationwide digital post solution, ‘mit.dk’, will enable Danish citizens to pay bills and invoices in one place.

FDATA partners with Open Banking Expo to help foster a global Open Banking and Open Finance community

Financial Data and Technology Association (FDATA), a leading fintech industry lobbying organisation, has partnered with Open Banking Expo.

Q&A: Creditspring’s Neil Kadagathur on demystifying credit scores

Open Banking Expo’s Ellie Duncan caught up with Neil Kadagathur, co-founder and CEO of Creditspring, to find out how the firm is meeting the needs of historically underserved near-prime borrowers and why credit scores are his ‘bugbear’.

UK Open Banking ecosystem ‘mature enough’ for VRPs and sweeping

NatWest’s Stephen Wright said that ‘timing is right’ for the CMA’s mandate, as he spoke on a panel alongside TrueLayer’s Matt Parish, Ordo’s Fliss Berridge and Niamh Greally of Chip.