Some of Airwallex’s key offerings, such as local currency accounts in more than 12 currencies, will initially be available to Canadian businesses.
Jim Gillespie of Dragonfly Financial Technologies explains how ‘headless banking’ can help create a level playing field for banks and fintechs.
Frollo’s chief executive officer said that “Open Banking is the key to providing customers with a comprehensive view of their finances”.
BankiFi, which launched in the US in 2022, has appointed Hodges as it continues to grow its North America presence and offering.
Lord Holmes, an advocate of technology and social mobility, will advise Ecospend as Open Banking payments use cases grow.
The new payment transfer offering means companies can send funds “within minutes”, without the need for capture and store account details.
The Hollywood actor and investor said “it’s about time a Canadian company got the type of attention American tech companies do”.
The FCA revealed it plans to expand the digital sandbox service to support “a broader range of innovators” later this year.
Token and GoCardless CEOs also welcomed the prioritisation of non-sweeping variable recurring payments by JROC.
The Committee has published a roadmap and framework to ensure Open Banking becomes “a UK success story”.
