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Industry news

Canada: CIO Strategy Council advances national standards for Consumer Directed Finance

Calls for decisive action in developing an Open Banking framework are mounting in Canada amid the COVID-19 pandemic.

Equifax strengthens market position via AccountScore acquisition

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.

Trade Ledger raises £13.5 million in Series A funding

The round was led by Point72 Ventures with participation from Foundation Capital, Court Lorenzini, Hambro Perks and other existing investors.

Temenos MarketPlace welcomes Open Banking platform Tink

Temenos customers will be able to access Tink’s technology through Temenos’ Infinity digital front-office platform.

Barclays partners with Smart Pension

The partnership will provide SMEs and their employees with access to quick and easy pensions platform.

South Korea launches Virtual Sandbox for fintech development

The South Korean Financial Services Commission (FSC) has announced plans to launch a digital sandbox to test new fintech products and services under development.

Mastercard and SEEBURGER to partner on Request to Pay based bill pay solutions

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.

New fraud tool launched by Open Banking Implementation Entity

The tool has been developed in collaboration with experts from the OBIE Security & Fraud Working Group.

Yolt Technology Services expands its Open Banking offering to support UK mortgage lenders

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.

The road to success with Open Banking – a guide for fintechs

Open Banking Expo caught up with George Parks Davie, Senior Product Manager, Klarna Open Banking.

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