Industry news
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.
A roundtable co-hosted by Red Badger and Open Banking Expo debated how to use Generative AI to improve the customer experience.
Businesses throughout the UK and Europe “rely on Shopify to power their payments”, according to TrueLayer’s head of ecommerce Michael Brown.
The update to SEPA will see EU payments systems “become more competitive”, according to MEP Michiel Hoogeveen.
Andy Fisher, chief growth officer at Aro, reveals the main growth areas for the business over the next 12 to 24 months, and explains how Aro Mortgages is educating lenders about Open Banking.
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.
