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Latest news

Canada’s proposed Consumer-Driven Banking Regulations: What do we know?

The Canadian Government has published proposed Open Banking regulations, along with a 60-day comment period, to support the implementation of the Consumer-Driven Banking Act.

UK Finance backs major banks to launch digital verification service

UK Finance is supporting Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander to develop a financial services-led digital verification service.

EMDEs adopting ‘hybrid’ or ‘shared’ liability models in Open Finance schemes

Establishing liability in Open Finance ecosystems in emerging markets and developing economies (EMDEs) is “more nuanced” and requires “hybrid or shared-liability” models, according to panellists speaking at the launch of a new report from the Cambridge Centre for Alternative Finance (CCAF). Using a framework based on three interconnected “pillars” –…

Mastercard and Wealnest simplify wealth management through Open Finance

Mastercard and Wealnest have announced a strategic collaboration that will incorporate Mastercard Open Finance capabilities into the Wealnest digital wealth management platform.

Women in Open Banking ANZ shines a spotlight on progress beyond policy

Women in Open Banking ANZ’s third annual flagship event was co-hosted by Baker McKenzie with Mastercard.

PayPoint completes AperiData acquisition to strengthen Open Banking capabilities

PayPoint has completed the acquisition of AperiData, a real-time credit reference agency and Open Banking platform.

bunq expands BaaS platform to European businesses

The neobank’s ‘bunq-as-a-Service’ enables other businesses to integrate its infrastructure in their products, allowing partners to build on its open API.