Nicola Breyer, chief executive officer of Qwist, welcomed the deal to “enable us to offer the full value chain of services, from API build and compliance, to high-end data analytics”.
The Canadian government is under further pressure to implement Open Banking, after the Conservatives tabled a bill, the Consumer-Led Banking Act earlier this month.
Yapily chief executive officer Stefano Vaccino said that Alipay+ “will act as a catalyst for mass adoption of Open Banking in Europe”.
Earlier this year, Worldline launched the service for its merchant customers in Australia and the Netherlands.
Aro, Equifax and Abound discussed the use of bureau data and Open Banking data to identify and manage vulnerable customers at Open Banking Expo UK & Europe.
UK-based Smarter Contracts has built consent and permissions management platform Pulse.
The small business platform has partnered with Crezco to facilitate a new bill payments feature.
The Consumer Financial Protection Bureau seeks to supervise non-bank companies offering digital wallets and payment apps in line with banks and credit unions.