Industry news
Calls for decisive action in developing an Open Banking framework are mounting in Canada amid the COVID-19 pandemic.
The acquisition will see Equifax enhance its consumer and commercial product offerings, combining traditional credit bureau information held by Equifax with bank transaction data, facilitated by AccountScore.
The round was led by Point72 Ventures with participation from Foundation Capital, Court Lorenzini, Hambro Perks and other existing investors.
Temenos customers will be able to access Tink’s technology through Temenos’ Infinity digital front-office platform.
The South Korean Financial Services Commission (FSC) has announced plans to launch a digital sandbox to test new fintech products and services under development.
By enabling payments across cards, between accounts and cash, Mastercard’s multi-rail approach allows people and businesses to pay, or send and receive money how, where and when they choose.
The tool has been developed in collaboration with experts from the OBIE Security & Fraud Working Group.
The Open Banking provider’s Account Information Services (AIS) provide enhanced data insights, supporting lenders’ ability to make swift decisions on affordability and ID verification.
Open Banking Expo caught up with George Parks Davie, Senior Product Manager, Klarna Open Banking.